Finty
Credit Union SA

Credit Union SA 55+ Account

$0 monthly fee

Our 55+ Account is a transaction account available to all members aged 55 and over. It offers you the ability to earn higher returns without having to lock funds away and has no monthly account keeping fees. Whether you’re working, receiving a pension or retired, that combination is hard to beat. You can request a free Visa Debit Card with payWave which you can load into Google Pay, Apple Pay, Samsung Pay and Garmin Pay. Now you can pay for purchases using your smart device, wherever mobile payment systems are offered. Get unbeatable security through measures such as the Visa Zero Liability policy (which protects against unauthorised transactions) and our own 24/7 fraud monitoring service. You’ll also be able to temporarily lock your card (if you misplace it), plus block payWave, international and online transactions whenever you need to – using the Mobile Banking App or Internet Banking. Online banking with this account is available 24/7 with Internet Banking and our Mobile Banking App. Internet banking will provide you with eStatements as well as the means to securely message each other, reducing paper and postage costs.

Written byDavid Boyd
Overseas spending fee
3%
Overseas ATM fee
Not published
Digital wallets
Apple, Google, Samsung

Monthly fee

Open account

Features

Debit card
Yes
Apple, Google or Samsung Pay
Apple Pay, Google Pay, Samsung Pay
PayID
Yes
Overdraft available
Not listed

Who can open it

Age to open
55 and over

How it compares

Against the other everyday accounts we compare. Typical means the middle half of them.

Monthly fee

None

Most accounts that say charge none.

Overseas spending fee

3%

Of what you spend in another currency. Typical is 3%.

Pros and cons

Pros

  • No monthly fee. Keeping the account costs nothing, whatever you deposit.
  • Pays interest. 2.40% on your balance, which most everyday accounts don't.
  • PayID. People can pay you with your phone number or email instead of a BSB and account number.
  • Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.

Cons

Nothing stands out.

Similar accounts

Everyday accounts from other banks with similar fees.