--- title: "Retirement Account — Hume Bank" description: "Transaction & Savings Accounts from Hume Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/hume-bank/products/S12V1 source: "CDR Compare" language: en-AU last_updated: 2026-06-01T08:05:49.000+10:00 --- # Retirement Account — Hume Bank > Transaction & Savings Accounts from Hume Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Transaction & Savings Accounts · HUME BANK LIMITED** An account specifically for age pensioners ## At a glance - **Base rate:** 3.05% ## Apply Applications are handled by the provider: [Apply at Hume Bank](https://applynow.humebank.com.au/rao/s/portal?type=retirement) ## Deposit rates | Type | Rate | Applies to | Interest paid | | --- | --- | --- | --- | | Variable | 1.75% | Retirement Account_Tier_1 | every 6 months | | Variable | 2.05% | Retirement Account_Tier_2 | every 6 months | | Variable | 3.05% | Retirement Account_Tier_3 | every 6 months | ## Fees | Fee | Type | Amount | | --- | --- | --- | | ARCH — Archive search fee - Retrieval of account information - $50/per hour. Min $10 | Event | $10.00 | | FEEADDCARD — Additional card fee - Payable for the second and any subsequent card request per customer | Event | $10.00 | | FEEBILLCOLL — Bill for collection fee - Payable when you deposit a foreign currency cheque of $5000 or more | Event | $50.00 | | FEECOINDEP — 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 | Deposit | $2.00 | | FEEDDHON — Direct Debit honour fee - Insufficient cleared funds in your account to meet debit request | Transaction | $15.00 | | FEEINACT — Inactive account fee - Where your account has not been transacted upon for a period of 24 months or more | Event | $20.00 | | FEEFORCASH — Foreign Cash - When you purchase foreign cash. 1% of the order value in $AUD | Withdrawal | 1% of balance (D) | | FEEMANRET — Manual return fee - direct debit - Payable each time you request us to manually return a direct debit payment without cancelling the direct debit arrangement | Event | $15.00 | | FEEPPALT — Periodical payment alteration - Each additional alteration after a total of four consecutive alterations | Event | $5.00 | | FEECHQSPECCL — Special cheque clearance - Special request for priority clearance on a cheque deposited to your account | Event | $15.00 | | FEETT — Telegraphic Transfer - When you send money overseas in a foreign currency online | Transaction | $15.00 | | FEETTAUD — Telegraphic Transfer AUD - When you send money overseas in Australian Dollars | Event | $50.00 | | FEEDETRACE — Transaction trace fee - Payable when you request the trace of a BPAY, NPP/Osko or anyother external transaction | Event | $20.00 | | FEEDDDIS — Direct Debit dishonour fee - Insufficient cleared funds in your account | Event | $15.00 | | FEEFORCHQ — Foreign currency cheque deposits - When you deposit a foreign currency cheque of under $5000 to your account | Deposit | $20.00 | | FEERTGS — Real Time Gross Settlement - Where you request a transaction to be processed via RTGS | Event | $20.00 | | FEESTATREQ — Statement request - A request to provide a copy statement or a statement on a passbook account $2 per page | Event | $2.00 | | FEECARDREP — Card Issuance fee - Applicable when requesting the replacement of an existing card or when ordering a second or any additional card | Event | $10.00 | | FEECHQDIS — Dishonour fee personal or business cheque - Insufficient cleared funds in your account, cheque returned to drawer | Event | $20.00 | | FEESTOPCHQ — Stop cheque request - When you ask us to stop a cheque | Event | $5.00 | | FEEMEMCHQ — Member cheque - Payable when a cheque is deposited into an account | Deposit | $0.80 | | FEETTBR — Telegraphic Transfer - When you send money overseas in a foreign currency staff assisted | Transaction | $30.00 | ## Features - **Digital banking** - **Digital wallet** — Apple Pay - **Real-time payments (NPP)** - **PayID** - **Unlimited transactions** - **Additional cards** - **Card access** - **Digital wallet** — Google Pay - **Bill payment (BPAY)** — BPAY - **Earn higher interest for balances over $50,000** - **Digital wallet** — Samsung Wallet - **Digital wallet** — Garmin Pay - **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** - **Fraud protection** ## Eligibility - **Pension recipients** - **Self funded retirees may apply** - **Residency status** — Must be residing in Australia with an Australian residential mailing address ## More information from Hume Bank - [Overview](https://www.humebank.com.au/everyday/retirement-account/) - [Terms & conditions](https://www.humebank.com.au/tools-help/product-tcs/) - [Eligibility](https://www.humebank.com.au/tools-help/product-tcs/) - [Fees & pricing](https://www.humebank.com.au/everyday/retirement-account/) ## Data provenance - Published by Hume Bank under the Consumer Data Right - Product ID: `S12V1` - Last updated by the provider: 31 May 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/hume-bank/S12V1 - Provider page: https://www.cdrcompare.au/brands/hume-bank - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000213 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/hume-bank/products/S12V1) — 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. Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)