---
title: "Pension Plus — BankVic"
description: "Transaction & Savings Accounts from BankVic. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bankvic/products/S10_Savings_Pension
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-01T09:13:38.000+10:00
---

# Pension Plus — BankVic

> Transaction & Savings Accounts from BankVic. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

An everyday savings account tailored for retirees

## At a glance

- **Base rate:** 4.4%

## Apply

Applications are handled by the provider: [Apply at BankVic](https://www.bankvic.com.au/apply-for-deposit-account)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 4.1% | Pension Plus_Tier_1 | monthly |
| Variable | 4.4% | Pension Plus_Tier_2 | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| DIRECT_DEBIT_DISHONOUR_FEE — Insufficient Funds in account | Event | $9.00 |
| EXPRESS_POSTAGE_FEE | Event | $7.50 |
| PERSONAL_CHEQUE_BOOK_FEE | Upfront | $10.00 |
| ARCHIVED_RECORDS_UP_TO_30_DAYS_SINCE_TRANSACTION — Fee applies to each record | Event | $6.00 |
| ARCHIVED_RECORDS_30-90_DAYS_SINCE_TRANSACTION — Fee applies to each record | Event | $7.50 |
| ARCHIVED_RECORDS_OVER_90_DAYS_SINCE_TRANSACTIO — Fee applies to each record | Event | $10.00 |
| MISCELLANEOUS_FEES — $50 per transaction and $15 per charge for services not otherwise provided in this guide. We will seek your permission before proceeding. | Event | $50.00 |
| RTGS — RTGS (Real Time Gross Settlement) | Transaction | $15.00 |

## Features

- **Digital banking** (Bank 24/7 wherever you are and whenever you want with BankVic mobile and internet banking)
- **Unlimited transactions**
- **Digital banking** (Bank 24/7 wherever you are and whenever you want with BankVic mobile and internet banking)
- **PayID** (PayID is the new way to make online payments that's faster, easier, smarter and more secure. A PayID is a smart address for payments which is securely linked to a bank account. It can be an email address or mobile phone number. Your PayID makes life much easier as you won't need to remember your BSB and account number anymore. Then when someone needs to pay you, you simply give them your PayID.)
- **Real-time payments (NPP)** (Osko (NPP Faster Payment) is utilised across participating banks and financial institutions with funds received within seconds. You can use up to 280 characters to describe an Osko transaction. Plus you ll see the description instantly in your transaction record. Now that s a better way to understand your payments.)
- **Bill payment (BPAY)** (Pay bills using BPAY which is a fast, convenient and easy to use, enabling you to make payments to over 22,000 organisations.)
- **Checkbook available upon request**

## Eligibility

- **Pension recipients** (Receive Australian government pension from Centrelink or the Department of Veteran Affairs)
- **Residency status** (Australian citizen)

## More information from BankVic

- [Overview](https://www.bankvic.com.au/savings?filter=Regular-Savings&product=Pension-Plus)
- [Terms & conditions](https://cdn.intelligencebank.com/au/share/NZw2/RVzr/yzJw/original/BankVic+Terms+%2526+Conditions)
- [Eligibility](https://www.bankvic.com.au/savings?filter=Regular-Savings&product=Pension-Plus)
- [Fees & pricing](https://cdn.intelligencebank.com/au/share/NZw2/RVzr/dwqA/original/Fees+and+Charges)

## Data provenance

- Published by BankVic under the Consumer Data Right
- Product ID: `S10_Savings_Pension`
- Last updated by the provider: 31 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bankvic/S10_Savings_Pension
- Provider page: https://www.cdrcompare.au/brands/bankvic
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000184

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bankvic/products/S10_Savings_Pension) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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