Bendigo Bank Easy Retirement Account
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Easy Retirement Account is a savings account from Bendigo Bank. At $50,000 it pays 1.63% p.a. with no bonus conditions. The feed calls it "Bendigo Easy Retirement Account".
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $9,999.99stepped: paid on the part of the balance in this band | 0.35% |
| $10,000 – $49,999.99stepped: paid on the part of the balance in this band | 1.95% |
| $50,000 – $249,999.99stepped: paid on the part of the balance in this band | 2.45% |
| $250,000+stepped: paid on the part of the balance in this band | 2.75% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
Conditions
- not updated by the bank since 2026-10-18, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- age 55 or over and either a retiree, a self-funded retiree, or a Centrelink aged or DVA pension recipient (pension not required)
- must be an Australian citizen or resident
- joint accounts need both holders to meet the age and retiree eligibility
- staff-assisted branch withdrawals and transfers cost $2.50 each
Features
- card
- A card is available for the product to access funds
- app
- yes
- Osko
- yes
Fees, limits and who can open it
- monthly fee
- $0
- other fees named
- International Transaction Fee (no amount in the feed)
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 55 and over
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- employment status condition: Available to retirees over 55 years of age who are either a self-funded retiree or a recipient of a Centrelink aged pension of Department of Veterans’ Affairs (DVA) administered pension: Employment Status
- age 55 and over
About this account
A transaction account designed to make life easier for retirees and pensioners.
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.
- We read the bank's own page and terms against this page on 1 November 2026: easy-retirement-account, disclosure-documents, schedule-interest-rates-personal-accounts.pdf, bendigo-personal-accounts-and-facilities.pdf, schedule-of-fees-charges-and-transaction-account-rebates.pdf; conditions they state and its feed does not are listed above.
/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 18 October 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
- 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
- Concession 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.
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