Pension Advantage account
An account for members receiving a pension or allowance from Centrelink or Veteran Affairs.
At a glance
- Base rate
- 3.25%

Rates
Every rate Firefighters Mutual Bank publishes for this account, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | up to $50,000 | 3.25% | - | paid every 1 mo |
| Variable | - | - | $50,000+ | 3.25% | - | paid every 1 mo |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 1 Oct 2026 | Variable, up to $50,000 | 3.00% | 3.25% | up 0.25 |
| 1 Oct 2026 | Variable, $50,000+ | 3.00% | 3.25% | up 0.25 |
Each change is logged the night it appears in the rates Firefighters Mutual Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
4 fees published, grouped by when they're charged.
When you make a transaction3
- CASH_ADVANCES_FEE
Visa Debit and Visa Credit card cash advances at other financial institutions in Australia and overseas. Individual bank branches may not offer this service and may charge additional fees (at cost).
$4 - ATM_WITHDRAWALS_OVERSEAS$4
- INTERNATIONAL_CONVERSION_FEE
2.90% of transaction value in $AUD collected by Cuscal Limited - 0.90% paid to Us; 1.00% retained by Cuscal; 1.00% paid to Visa International. Payable when you transact in a foreign currency using yo…
2.90% of transaction
When particular things happen1
- TELE_TRANSFER
Tele transfer within Australia to an account at another financial institution.
$13
Features
- Our sweep service automatically transfers funds from certain savings accounts to cover most transactions which would otherwise exceed your transaction account's available balance.
- Make deposits and withdrawals through a Bank@Post facility at Australia Post outlets. For full details refer to our Conditions of Use. Fees and charges apply.
Eligibility and limits
- Residency: Individuals must be citizens or permanent residents of Australia.
- Available to individuals
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Put this product through a calculator
Published by Firefighters Mutual Bank under the Consumer Data Right, last changed by them on 1 Oct 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.