St. George Bank
Retirement Access Account
Retirement Access Plus is a transaction account for eligible retirees aged 55 or over to deposit and withdraw funds by various channels including Visa Debit Card and also offers interest on account balances.
Savings & transaction accountsBank updated 3 Sept 2026
At a glance
- Base rate
- 0.05%
- Monthly fee
- $0
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Penalty | — | — | — | 15.01% | — | The Unarranged Lending Rate (ULR) is a debit interest rate charged to a transaction account if it becomes overdrawn without arrangement. It will be calculated daily on the debit balance (and deducted… |
| Variable | — | — | up to $10,000 | 0.05% | — | paid every 1 mo; Currently not required |
| Variable | — | — | $10,000–$50,000 | 1.70% | — | paid every 1 mo; Min deposit amount |
| Variable | — | — | $250,000+ | 2.65% | — | paid every 1 mo; Min deposit amount |
| Variable | — | — | $50,000–$250,000 | 2.05% | — | paid every 1 mo; Min deposit amount |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Frequent Statement | Event | No fee | — | — |
| Overdrawn Fee | Event | $15 | — | — |
| Periodical Payment | Payment | No fee | — | — |
| Account Keeping Fee | Periodic | No fee | Every 1 mo | — |
| Foreign Currency Conversion Fee | Transaction | 3.00% of transaction | — | Foreign currency conversion fee for transactions made in foreign currency, and the merchant or financial institution accepting the card is located outside Australia |
| Cash withdrawals Fee | Withdrawal | No fee | — | — |
| Overseas Withdrawal Fee | Withdrawal | $5 | — | — |
§ 03 — Features
Digital bankingFraud protectionUnlimited transactionsRelationship managerApple PayGoogle PaySamsung PayBeem ItSt. George Lounge on ShopBack
- · Fraud Money Back Guarantee: Customers may be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted us promptly
- · Digital Card - Boost your card security by using the dynamic CVV. Access your card details anytime, anywhere. Be assured that you will have uninterrupted access to your funds even if your card is los…
- · St.George has an extensive branch network that provides the complete range of banking services to our customers. Our friendly staff are on hand to help you in any of our branches and over the phone
- · Statements : We will send statement every 6 monthly, or more frequently on request
- · You can pay bills using BPAY
- · You can make direct debits and periodical payments
- · Gambling block requests : The gambling block is a feature available on Visa Debit Cards and Freedom Cards. On eligible cards, the feature is, by default, unblocked, unless otherwise requested by you.…
- · Electronic Statements : As an alternative to receiving paper statements in the mail, electronic statements and other important information on one or more of your eligible deposit accounts may be give…
- · We provide the following features : Cheque Access, Stopping Cheque payments, Periodical payments or regular transfers, Direct debits, Recurring payments
§ 04 — Eligibility & limits
- · Minimum age 55
- · Residency: Those with an Australian residential address and who are currently in Australia.
- · The card must be linked to an eligible St George account
- · You must be retired to be eligible for this product
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by St.George Bank under the Consumer Data Right, last changed by them on 3 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.