RSL Money Pension Account
Designed specifically for those on a Government pension and for retirees, the RSL Money Pension account allows you to grow your savings whilst supporting you with no everyday banking fees to assist you in that goal.
No monthly
account keeping fees
Guaranteed by the
Government Guarantee
Stepped
interest rates
A helping hand for the RSL community
RSL Money will contribute 0.20% p.a. of account balances to the RSL National at no cost to you. That means, the more you save the more we can give back to the RSL movement.
- No monthly account keeping fees
- Tiered interest rates
- Convenient 24 hour access
- Guaranteed by the Government Guarantee Scheme
Rates
Balance | Interest Rate |
Tier 1 - $0 up to $49,200 | 0.25% p.a. |
Tier 2 - $49,201 to $250,000 | 0.80% p.a. |
Tier 3 - more than $250,000 | 0.25% p.a. |
Interest is calculated daily and paid monthly to members' accounts.
Features & Benefits
A flexible, fee-free account designed specifically for pensioners and retirees.
- No monthly account keeping fees
- Tiered interest rates
- FREE RSL Money Visa payWave enabled debit card.
- Interest rebate (0.20% p.a. of account balance) payable to the RSL National.
- Deposits guaranteed by the Government Guarantee scheme.
- Convenient 24 hour access.
- Available to people receiving a Government or superannuation pension
Purpose | Everyday banking |
Online Banking | Yes |
ATM | Yes |
EFTPOS | Yes |
Direct Debit | Yes |
Direct Credit | Yes |
Bank @ Post | Yes |
Interest Calculated | Daily |
Interest Paid | Monthly |
BPAY Transactions | Free |
Monthly Account Keeping | Free |
Online Banking Transactions | Free |
Australian ATM Transactions | Free* |
EFTPOS Transactions | Free |
Visa Debit Card | Free |
*ATM providers not included in the Australian Military Bank ATM network may charge you directly for using their ATMs.
Rates are current as at 1 October 2020 and are subject to change at RSL Money’s discretion.
The Target Market Determinations (TMD) for our products are available here
Apply today!
We offer a variety of ways to apply for the RSL Money Pension Account.
Apply Online
Our user friendly online applications are designed to be quick and easy to complete.
Start an online application form.
Telephone
If you call us on 1300 000 775, we'll walk you through the application process over the phone.
By Appointment
If you'd prefer to apply in person, please contact us to arrange an appointment with an RSL Money staff member.
We need to confirm your identity
Before we can open your account, we will need to do confirm your identity. For more information, click here.