Pension Advantage account
An account for members receiving a pension or allowance from Centrelink or Veteran Affairs.
- Base rate
- 3%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 3% | Pension Advantage account_Tier_1 | monthly |
| Variable | 3% | Pension Advantage account_Tier_2 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| CASH_ADVANCES_FEE Visa Debit and Visa Credit card cash advances at other financial institutions in Australia and overseas. Individual bank branches may not offer this service and may charge additional fees (at cost). | Cash advance | $4.00 |
| ATM_WITHDRAWALS_OVERSEAS | Transaction | $4.50 |
| INTERNATIONAL_CONVERSION_FEE 2.90% of transaction value in $AUD collected by Cuscal Limited - 0.90% paid to Us; 1.00% retained by Cuscal; 1.00% paid to Visa International. Payable when you transact in a foreign currency using your Visa card either online or at a merchant point of sale (irrespective of where the transaction occurs; performed not in Australian Dollar; or overseas merchants transact in a foreign currency.) | Transaction | 2.9% of transaction |
| TELE_TRANSFER Tele transfer within Australia to an account at another financial institution. | Event | $13.00 |
Features
- Digital banking
- PayID
- Real-time payments (NPP)
- Notifications — Track payments with SMS and email alerts.
- Additional cards
- Bill payment (BPAY) — BPAY
- Card access — Visa Debit with payWave
- Unlimited transactions
Eligibility
- Individuals onlyYou must be a member. Membership is open to current or retired employees, graduates and post-graduates and current students of an Australian university or family members of members (i.e. shareholders) of the Bank.
- Residency status — Individuals must be citizens or permanent residents of Australia.
- Pension recipients — An account for members receiving a pension or allowance from Centrelink or Veteran Affairs.You must be receiving a pension or allowance from Centrelink or Veteran Affairs and the pension or allowance must be paid directly into the account.
More Information
Published by UniBank under the Consumer Data Right · Last updated 13 July 2026 · Product ID 4380bf0d-5531-4497-b1ea-3e5344c6a3f5 · View on CDR.gov.au · View Source Data (JSON)