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An everyday transaction account offering security, flexibility and high returns for retirees.

Features at a glance

  • $1 is all it takes to get you started.
  • Your pension, superannuation and other regular income can be paid directly into your account.
  • Attractive interest rates - we currently pay higher than the deeming rate for amounts in the top band.
  • Passbook or monthly statement options.
  • Interest calculated daily and paid half-yearly.
  • Optional cheque book facility (monthly statement must be chosen for this feature).

How can I access my account?

Who can open an account?

To be eligible for a Pension Plus account, at least one of the account holders must be:

  • Aged 55 years or over; and
  • In receipt of an eligible pension or allowance or be a self-funded retiree.

Eligible pensions or allowances are:

  • Aged pension
  • Disability pension
  • Carer's pension
  • Widow's pension
  • Veteran Affairs pension
  • Mature age allowance

Bank@Post ™ and its device mark are trade marks (registered or otherwise) of the Australian Postal Corporation. All rights reserved.

Please read the Product Guide when deciding whether to acquire this product and consider whether the product is suitable for you.

Ready to apply?
You can obtain a copy of our Product Guide and apply for an account via the following methods:
We'll call you back
Call us
Visit your local branch
Email us
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Interest rates
Savings and transaction interest rates
Fees and charges

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fees and charges

Downloads
Adelaide Bank savings and transaction accounts Product Guide
Your guide to everyday banking
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