Bendigo Bank Concession Account

transaction accountpensionerstale

Concession Account is a transaction account from Bendigo Bank. It pays 0.00% p.a. with no bonus conditions. The feed calls it "Bendigo Concession Account".

Not ranked: a transaction (everyday) account, not a savings account.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

Conditions

• not updated by the bank since 2026-08-31, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• open only to pension or allowance recipients

Features

card

A card is available for the product to access funds

app

yes

Osko

yes

transactions

unlimited

Fees, limits and who can open it

monthly fee

$0

other fees named

International Transaction Fee (no amount in the feed)

interest paid

annually

interest calculated

daily

open to

personal customers

pensioner

open only to pension or allowance recipients

Who can open it, in the bank's own words:

• pension recipients only: Note: Customers who no longer meet the eligibility requirements may be converted to a Bendigo Everyday Account: - This product is available to retail clients who: - currently hold a Health Care Card, Pensioner Concession Card, Commonwealth Seniors Health Card or Department of Veterans' Affairs (DVA) Health Card (Gold card or Repatriation Health Card) - or are otherwise deemed to be eligible by Bendigo Bank - and they ensure any Australian Government payments (where applicable) are paid consistently into the account Note: Customers who no longer meet the eligibility requirements may be converted to a Bendigo Everyday Account.
• residency: You need to be an Australian citizen or resident

About this account

This easy to use transaction account is for customers with an eligible Commonwealth Government concession card. Designed for everyday banking with free e-banking transactions, 24 hour ATM and EFTPOS access via your choice of card.

Data

• Bendigo Bank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
• /au/finance/savings-accounts/v1/brands/bendigo-bank.json: this bank's accounts and every balance band as JSON; Bendigo Bank's page lists them.
• The bank last updated this record on 31 August 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Bendigo Bank

• Business EasySaverstale savings account, 1.50% base at $50,000
• Easy Retirement Accountstale savings account, 1.63% base at $50,000
• EasySaverstale savings account, 3.80% base at $50,000
• PiggySaverstale savings account, 3.80% base at $50,000
• Reward Saverstale savings account, 5.00% conditional at $50,000
• Cash Management Account (CMA)stale cash management account, 1.00% base at $50,000
• Business Basic Accountstale transaction account, 0.00% base at $50,000
• Business Everyday Accountstale transaction account, 0.00% base at $50,000
• Everyday Accountstale transaction account, 0.00% base at $50,000
• Student Accountstale transaction account, 0.01% base at $50,000

All of Bendigo Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.