The Capricornian Pension Access Account
transaction accountpensionerstale
Pension Access Account is a transaction account from The Capricornian. At $50,000 it pays 0.38% p.a. with no bonus conditions.
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.
| Balance | Base |
|---|---|
| $1 – $9,999.99stepped: paid on the part of the balance in this band | 0.10% |
| $10,000 – $49,999.99stepped: paid on the part of the balance in this band | 0.45% |
| $50,000+stepped: paid on the part of the balance in this band | 0.60% |
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.
The feed states a minimum balance of $1.
Conditions
- not updated by the bank since 2026-10-08, 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
- Visa Debit Card
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- notifications
- yes
- wallets
- Apple Pay, Google Pay
Other features, in the bank's words:
- Account sweep available Our sweep service automatically transfers funds from certain savings accounts to cover most transactions which would otherwise exceed your transaction account's available balance.
Fees, limits and who can open it
- monthly fee
- $6; the bank's words on who does not pay it: Account service fee exempt on first account, $6.00 per month subsequent accounts
- other fees named
- Foreign Currency Conversion Fees (no amount in the feed)
- minimum balance
- $1
- interest paid
- monthly
- 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:
- You will need to become a member of the Credit Union before we can issue The Capricornian Account and Access Facility to you
- residency: Individuals must be citizens or permanent residents of Australia.
About this account
The Pension Access Account allows members 65 years and over to manage their finances wisely and enjoy a more comfortable lifestyle.
Data
- The Capricornian'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/the-capricornian.json: this bank's accounts and every balance band as JSON; The Capricornian's page lists them.- The bank last updated this record on 8 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 The Capricornian
- Bonus Saver Accountstale savings account, 4.99% conditional at $50,000
- Everyday Saver Accountstale savings account, 0.10% base at $50,000
- iSaverstale savings account, 0.60% base at $50,000
- Youth Access Accountstale savings account
- Business Access Accountstale transaction account, 0.00% base at $50,000
- Club Accountstale transaction account, 0.00% base at $50,000
- Personal Access Accountstale transaction account, 0.00% base at $50,000
- Student Access Accountstale transaction account, 0.00% base at $50,000
All of The Capricornian's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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