Credit Union SA 55+ Account

savings accountage limitedterms checked

55+ Account is a savings account from Credit Union SA. It pays 1.25% p.a. with no bonus conditions.

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

• the feed lists several base rates for one balance; the lowest is shown, up to 2.55%
• pays 1.10% on the first $50,000, 2.05% on the portion from $50,000 to $250,000 and 2.40% on the portion above $250,000
• open to members aged 55 and over; no pension or allowance is needed

Features

card

Visa debit card

app

yes

Osko

yes

PayID

yes

BPAY

yes

notifications

yes

transactions

unlimited

round-ups

yes

wallets

Apple Pay, Garmin Pay, Google Pay, Samsung Pay

Other features, in the bank's words:

• Round-ups (origin account)
• Round-ups (destination account)
• Lock, block and control your card
• Business Banking can be attached to the product

Fees, limits and who can open it

monthly fee

no monthly fee stated

other fees named

Currency Conversion (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:

• age 55 and over

About this account

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.

Data

• Credit Union SA'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 12 November 2026.
• We read the bank's own page and terms against this page on 1 November 2026: 55-account, brc_1095.pdf, accounts; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/credit-union-sa.json: this bank's accounts and every balance band as JSON; Credit Union SA's page lists them.
• The bank last updated this record on 12 November 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 Credit Union SA

• Bonus Savings Account savings account, 4.00% conditional at $50,000
• Children's Savings Account savings account, 4.85% conditional at $50,000
• Netsave Account savings account, 1.25% base at $50,000
• Access Accountstale transaction account, 0.00% base at $50,000
• Business+ Accountstale transaction account, 0.00% base at $50,000
• Educator+ Account transaction account, 2.00% base at $50,000
• Port+ Account transaction account, 2.00% base at $50,000

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