Retirement Plus Account
An account designed for pensioners and retirees.
- Base rate
- 2.25%
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable May be applicable if your account becomes overdrawn | 11.96% | — | — |
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Whole Balance | 2.25% | — | every 6 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Third Party Costs At Cost. Any costs charged to us from a third party will be passed on to you. Information on these costs is available on request. | Event | $0.00 |
| Dormant Accounts fee After 3 years an account is classed as dormant if no Member transactions occur. Interest, fees and government charges are not classed as transactions. | Event | $10.00 |
| Counter Cash withdrawal fee up to $24,999 First 3 free if part of Reduced Fees program | Transaction | $2.00 |
| Default Notice Fee Payable if and when we send you a default notice for an overdrawn account where an arrears remains unremedied after we have sent you an arrears letter | Event | $21.50 |
| External Electronic Periodical Payments If part of the Reduced Fees program, the first 3 transactions are free. Per transaction if Border Bank staff set up on your behalf. | Transaction | $1.00 |
| Additional Statement Fee $1.50 per page. Payable if and when you request an additional statement. | Event |
Features
- Direct Debits. A facility to make direct debit payments from your account
- Real-time payments (NPP)
- NPP allows participating banks and financial institutions to process, clear and settle Osko® Fast Payments (which are payments made and received in near real-time) and NPP Quick Payments.
- Digital banking
- Phone banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere online with Internet Banking – the service is free.
- PayID
- Mobile Number. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.
- Periodical Payments. Account allows Periodical Payments via Cheque and can also make External Periodical Payments
- Contributes to Reduced Fees Program. Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions as well as qualify for fee rebates.
Eligibility
- Residency status — Australian Residents
- Minimum age — 18 years
- Residency status — Australian Citizen
- Individuals onlyIndividuals
More Information
Published by Border Bank under the Consumer Data Right · Last updated 21 May 2026 · Product ID 8bca93cc-9312-4089-9a9c-aa1d70192571 · View on CDR.gov.au