The Finance Algorithm
BankVic

Pension Plus

An everyday savings account tailored for retirees

Savings & transaction accountsBank updated 1 June 2026
At a glance
Base rate
4.10%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variableup to $51,8004.10%paid every 1 mo
Variable$51,800+4.40%paid every 1 mo
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
ARCHIVED_RECORDS_30-90_DAYS_SINCE_TRANSACTIONEvent$7.50Fee applies to each record
ARCHIVED_RECORDS_OVER_90_DAYS_SINCE_TRANSACTIOEvent$10Fee applies to each record
ARCHIVED_RECORDS_UP_TO_30_DAYS_SINCE_TRANSACTIONEvent$6Fee applies to each record
DIRECT_DEBIT_DISHONOUR_FEEEvent$9Insufficient Funds in account
EXPRESS_POSTAGE_FEEEvent$7.50
MISCELLANEOUS_FEESEvent$50$50 per transaction and $15 per charge for services not otherwise provided in this guide. We will seek your permission before proceeding.
RTGSTransaction$15RTGS (Real Time Gross Settlement)
PERSONAL_CHEQUE_BOOK_FEEUpfront$10
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
  • · Checkbook available upon request
§ 04 — Eligibility & limits
  • · Residency: Australian citizen

Published by BankVic under the Consumer Data Right, last changed by them on 1 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.