Hume Bank Retirement Account
savings accountage limitedterms checked
Retirement Account is a savings account from Hume Bank. At $50,000 it pays 2.00% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $49,999stepped: paid on the part of the balance in this band | 2.00% |
| $49,999.01 – $250,000stepped: paid on the part of the balance in this band | 2.30% |
| $250,000.01+stepped: paid on the part of the balance in this band | 3.30% |
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
- open to age or Veterans' Affairs pension recipients and self-funded retirees
Features
- card
- yes
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- transactions
- unlimited
- wallets
- Apple Pay, Garmin Pay, Google Pay, Samsung Wallet
Other features, in the bank's words:
- Earn higher interest for balances over $50,000
- Chequebook access only available on accounts that have an existing cheque facility attached with a chequebook issued prior to 30 June 2025
- Electronic or paper statements
- No monthly account keeping fee
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- FEEFORCASH (no amount in the feed)
- interest paid
- half-yearly
- interest calculated
- daily
- 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:
- Self funded retirees may apply
- residency: Must be residing in Australia with an Australian residential mailing address
About this account
An account specifically for age pensioners
Data
- Hume 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 10 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: retirement-account, product-tcs, Product-Disclosure-Statement.pdf, Fees-Charges.pdf; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/hume-bank.json: this bank's accounts and every balance band as JSON; Hume Bank's page lists them.- The bank last updated this record on 10 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 Hume Bank
- Business iSavestale savings account, 3.15% base at $50,000
- Clancy Koalastale savings account, 5.30% conditional at $50,000
- Community Linkstale savings account, 0.01% base at $50,000
- iSavestale savings account, 3.50% base at $50,000
- Reward Saverstale savings account, 5.30% conditional at $50,000
- SMSF Account savings account, 4.85% base at $50,000
- Tax Managerstale savings account, 0.01% base at $50,000
- Business Accountstale transaction account, 0.01% base at $50,000
- Essential transaction account
All of Hume 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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