Pension Plus | G&C Mutual Bank

A transaction account designed specifically for persons 55 years or older and who are:

Recipients of Centrelink or Veterans Affairs Pension, or
Self funded retirees

As you approach retirement, your banking needs change. Our Pensioner Plus Account provides the right balance between an everyday and savings account. It rewards you with a higher interest rate, with easy access to your funds in a variety of ways.

No minimum balance required
Allows you to manage your money your way, whether you prefer using cash or card
Immediate access, with funds available 24 hours a day, 7 days a week
Interest calculated daily on the portion of the balance in each tier at the applicable interest rate and paid monthly

Interest rate for $48,600.01 plus

4.00 % p.a. Interest rate

Daily Balance	Interest Rate
$0 - $48,600.00	2.50% p.a.
$48,600.01 plus	4.00% p.a.

Product Features:

Saving Features
Minimum opening deposit :	$0
Funds available :	At Call – 24/7 access
Statement options :	Online statements
Monthly account fee :	$6 - exempt when membership balance is over $5,000
Transaction fees :	Unlimited free transactions available – refer to our fees and charges brochure
Service centre access :	Yes
Online, Mobile and Phone banking :	Yes
Visa debit card :	Yes
Direct credit :	Yes
Direct debit :	Yes
Quick debit :	Yes
Periodical payment :	Yes
BPAY :	Yes
Bank@Post :	Yes
Interest calculation :	Calculated on daily balance and paid monthly
Conditions :	Rates paid on each tiered balance

Savings calculators

Discover your savings potential and estimated interest earnings with our savings calculators.

Pensioner Plus

Interest rate for $48,600.01 plus

Product Features:

Saving Features

Savings calculators

We're ready to help you

Protect yourself online with a strong password

Mozo recognises our term deposits for a second year

Footnotes: