Health Professionals Bank
Pension Advantage account
An account for members receiving a pension or allowance from Centrelink or Veteran Affairs.
Savings & transaction accountsBank updated 9 Sept 2026
At a glance
- Base rate
- 3.00%
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $50,000 | 3.00% | — | paid every 1 mo |
| Variable | — | — | $50,000+ | 3.00% | — | paid every 1 mo |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| CASH_ADVANCES_FEE | Cash advance | $4 | — | 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). |
| TELE_TRANSFER | Event | $13 | — | Tele transfer within Australia to an account at another financial institution. |
| ATM_WITHDRAWALS_OVERSEAS | Transaction | $4 | — | — |
| INTERNATIONAL_CONVERSION_FEE | Transaction | 2.90% of transaction | — | 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… |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsApple PayGoogle PaySamsung Pay
- · 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.
§ 04 — Eligibility & limits
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · Available to individuals
§ 05 — Compare
§ 06 — Run the numbers
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Published by Health Professionals Bank under the Consumer Data Right, last changed by them on 9 Sept 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.