HUME BANK LIMITED
Retirement Account
An account specifically for age pensioners
Savings & transaction accountsBank updated 1 June 2026
At a glance
- Base rate
- 1.75%
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $49,999 | 1.75% | — | paid every 6 mo |
| Variable | — | — | $250,000+ | 3.05% | — | paid every 6 mo |
| Variable | — | — | $49,999–$250,000 | 2.05% | — | paid every 6 mo |
§ 02 — Fees · 22
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| FEECOINDEP | Deposit | $2 | — | Coin deposit fee - Payable when you ask us to count large amounts of coin (over $200 in value). Not applicable when you use a coin counting $200 in value). Not applicable when you use a coin counting |
| FEEFORCHQ | Deposit | $20 | — | Foreign currency cheque deposits - When you deposit a foreign currency cheque of under $5000 to your account |
| FEEMEMCHQ | Deposit | $0.80 | — | Member cheque - Payable when a cheque is deposited into an account |
| ARCH | Event | $10 | — | Archive search fee - Retrieval of account information - $50/per hour. Min $10 |
| FEEADDCARD | Event | $10 | — | Additional card fee - Payable for the second and any subsequent card request per customer |
| FEEBILLCOLL | Event | $50 | — | Bill for collection fee - Payable when you deposit a foreign currency cheque of $5000 or more |
| FEECARDREP | Event | $10 | — | Card Issuance fee - Applicable when requesting the replacement of an existing card or when ordering a second or any additional card |
| FEECHQDIS | Event | $20 | — | Dishonour fee personal or business cheque - Insufficient cleared funds in your account, cheque returned to drawer |
| FEECHQSPECCL | Event | $15 | — | Special cheque clearance - Special request for priority clearance on a cheque deposited to your account |
| FEEDDDIS | Event | $15 | — | Direct Debit dishonour fee - Insufficient cleared funds in your account |
| FEEDETRACE | Event | $20 | — | Transaction trace fee - Payable when you request the trace of a BPAY, NPP/Osko or anyother external transaction |
| FEEINACT | Event | $20 | — | Inactive account fee - Where your account has not been transacted upon for a period of 24 months or more |
| FEEMANRET | Event | $15 | — | Manual return fee - direct debit - Payable each time you request us to manually return a direct debit payment without cancelling the direct debit arrangement |
| FEEPPALT | Event | $5 | — | Periodical payment alteration - Each additional alteration after a total of four consecutive alterations |
| FEERTGS | Event | $20 | — | Real Time Gross Settlement - Where you request a transaction to be processed via RTGS |
| FEESTATREQ | Event | $2 | — | Statement request - A request to provide a copy statement or a statement on a passbook account $2 per page |
| FEESTOPCHQ | Event | $5 | — | Stop cheque request - When you ask us to stop a cheque |
| FEETTAUD | Event | $50 | — | Telegraphic Transfer AUD - When you send money overseas in Australian Dollars |
| FEEDDHON | Transaction | $15 | — | Direct Debit honour fee - Insufficient cleared funds in your account to meet debit request |
| FEETT | Transaction | $15 | — | Telegraphic Transfer - When you send money overseas in a foreign currency online |
| FEETTBR | Transaction | $30 | — | Telegraphic Transfer - When you send money overseas in a foreign currency staff assisted |
| FEEFORCASH | Withdrawal | 1.00% of balance | — | Foreign Cash - When you purchase foreign cash. 1% of the order value in $AUD |
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactionsApple PayGoogle PaySamsung WalletGarmin Pay
- · Earn higher interest for balances over $50,000
- · Chequebook access only available on accounts that have an existing cheque facility attached with a chequebook issued prior to 30 June 2025
- · Electronic or paper statements
- · No monthly account keeping fee
§ 04 — Eligibility & limits
- · Residency: Must be residing in Australia with an Australian residential mailing address
- · Self funded retirees may apply
§ 05 — Compare
§ 06 — Run the numbers
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Published by Hume Bank 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.