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CBA / Transaction & savings

Pensioner Security Account

One convenient account for your transaction and savings needs - for customers aged 55 and above.

Updated 9 Sept 2026Individually tailored product

Deposit rate type
Variable
Rate
0.05%
Calculation frequency
1 day
Application type
Periodic
Application frequency
3 months
Tiers
Name
Amount
Unit of measure
Dollar
Minimum value
$0.00
Maximum value
$9,999.99
Rate application method
Per tier
Additional info
Paid on the portion of the balance that falls within each balance band. Rates are calculated daily and credited to your account quarterly in March, June, September and December.
Additional info uri
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Deposit rate type
Variable
Rate
1.85%
Calculation frequency
1 day
Application type
Periodic
Application frequency
3 months
Tiers
Name
Amount
Unit of measure
Dollar
Minimum value
$10,000.00
Maximum value
$49,999.99
Rate application method
Per tier
Additional info
Paid on the portion of the balance that falls within each balance band. Rates are calculated daily and credited to your account quarterly in March, June, September and December.
Additional info uri
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Deposit rate type
Variable
Rate
2.35%
Calculation frequency
1 day
Application type
Periodic
Application frequency
3 months
Tiers
Name
Amount
Unit of measure
Dollar
Minimum value
$50,000.00
Maximum value
$249,999.99
Rate application method
Per tier
Additional info
Paid on the portion of the balance that falls within each balance band. Rates are calculated daily and credited to your account quarterly in March, June, September and December.
Additional info uri
View bank information ↗
Deposit rate type
Variable
Rate
2.85%
Calculation frequency
1 day
Application type
Periodic
Application frequency
3 months
Tiers
Name
Amount
Unit of measure
Dollar
Minimum value
$250,000.00
Rate application method
Per tier
Additional info
Paid on the portion of the balance that falls within each balance band. Rates are calculated daily and credited to your account quarterly in March, June, September and December.
Additional info uri
View bank information ↗

Lending rate type
Variable
Rate
14.9%
Calculation frequency
1 day
Application type
Periodic
Application frequency
3 months
Repayment type
Unconstrained
Loan purpose
Other
Additional info
The interest rate that applies to any overdrawn amounts. This is calculated daily and charged quarterly.
Additional info uri
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Name
Unpaid cheque or debit fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$5.00
Currency
Aud
Additional info
When we dishonour a cheque or debit presented to us because there isn't enough money in your account. We may waive certain fees or charges at our discretion. The failure by us to charge any fee or charge does not constitute a waiver of that fee or charge in the future.
Name
Paper Transaction Listing Fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$2.50
Currency
Aud
Additional info
A fee charged when you ask us to give you a paper copy of transaction listings.
Name
Account Fee
Fee type
Periodic
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Currency
Aud
Additional value
1 month
Name
Paper Statement Fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Currency
Aud
Additional info
A fee charged when you ask us to give you a paper copy of past statements or ordered statements.
Name
Access fee - ASB Bank ATMs in NZ and overseas CommBank ATMs
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$2.00
Currency
Aud
Discounts
Description
When you make an international purchase, or withdraw cash at an ATM overseas using an eligible World Debit card, the access fee will be $0.
Discount type
Eligibility only
Discount method utype
fixedAmount
Fixed amount
Amount
$2.00
Eligibility
Discount eligibility type
Other
Additional info
Where you withdraw cash using an eligible World Debit Mastercard, the access fee will be $0.
Additional info uri
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Additional info
When you take money out at ASB ATMs in NZ or CommBank ATMs outside Australia.
Name
Access fee - Other overseas cash and ATM withdrawals
Fee type
Withdrawal
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Amount range
Fee minimum
5.00
Currency
Aud
Discounts
Description
When you make an international purchase, or withdraw cash at an ATM overseas using an eligible World Debit card, the access fee will be $0.
Discount type
Eligibility only
Discount method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Amount range
Discount minimum
5.00
Eligibility
Discount eligibility type
Other
Additional info
Where you withdraw cash using an eligible World Debit Mastercard, the access fee will be $0.
Additional info uri
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Additional info uri
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Additional info
Any other cash withdrawals overseas will incur a $5.00 fee plus 3.5% of the transaction value.
Name
Access fee - Overseas purchases
Fee type
Purchase
Fee method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Currency
Aud
Discounts
Description
When you make an international purchase, or withdraw cash at an ATM overseas using an eligible World Debit card, the access fee will be $0.
Discount type
Eligibility only
Discount method utype
rateBased
Rate based
Rate type
Transaction
Rate
3.5%
Eligibility
Discount eligibility type
Other
Additional info
Where your international purchases are made using an eligible World Debit Mastercard, the access fee will be $0.
Additional info uri
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Additional info uri
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Additional info
Purchases made overseas or in Australia (e.g. online), where the merchant is located overseas or the financial institution or entity processing transaction is located overseas.
Name
Staff assisted withdrawals
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Currency
Aud
Additional info
There is no charge when you take money out at a CommBank branch, a post office, agency, with telephone banking if using an operator or by cashing a cheque.
Additional info uri
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Name
Cheque negotiated fee
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$3.00
Currency
Aud
Discounts
Description
We won't charge you a cheque negotiated fee.
Discount type
Eligibility only
Discount method utype
fixedAmount
Fixed amount
Amount
$3.00
Eligibility
Discount eligibility type
Other
Additional info
You have a disability that requires you to use a branch (visit a branch to apply), then we won't charge you a cheque negotiated fee.
Additional info uri
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Additional info
When you write a cheque that needs to be negotiated through the clearing system.
Name
Monthly card fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$10.00
Currency
Aud
Additional info
A monthly card fee for Debit Mastercard holders with an approved World Debit Mastercard.
Additional info uri
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Feature type
Card access
Additional value
Debit Mastercard
Additional info
Use instore, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted. Choose a Debit Mastercard with your CommBank account and pay for things using your card, smartphone or wearable. You may receive access to other features and benefits associated with your Debit Mastercard subject to eligibility, approval and terms and conditions.
Additional info uri
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Feature type
Additional cards
Additional info
We may limit the number of cards that may be issued or linked to a single account or customer profile.
Feature type
Bill payment
Additional value
BPAY View
Additional info
See, track and easily pay your bills online in NetBank or on the go in the CommBank app.
Additional info uri
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Feature type
Card access
Additional value
World Debit Mastercard
Additional info
World Debit Mastercard is a premium debit card that can be linked to your CommBank transaction account, and can be used everywhere Mastercard is accepted. Enjoy additional exclusive features and benefits with the World Debit Mastercard, subject eligibility, approval, and terms and conditions. Fees apply.
Additional info uri
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Feature type
Card access
Additional value
Link to Existing Card
Feature type
Other
Additional info
Securely lock your debit card in the CommBank app when you need to. And unlock it again when you don't.
Additional info uri
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Feature type
Other
Additional info
CommBank Yello provides benefits for eligible CommBank customers, subject to terms and conditions.
Additional info uri
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Feature type
Other
Additional info
Access a range of travel benefits through Travel Booking (provided by Hopper) for eligible customers.
Additional info uri
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Feature type
Digital banking
Additional info
Wherever you are in the world, CommBank gives you the choice and control to securely manage all of your accounts on a range of devices, the way you want.
Additional info uri
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Feature type
Digital wallet
Additional value
Apple Pay
Additional info
Pay with your Apple(TM) device using Apple Pay.
Additional info uri
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Feature type
Digital wallet
Additional value
CommBank Tap and Pay
Additional info
Pay with your Android(TM) phone using the CommBank app.
Additional info uri
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Feature type
Digital wallet
Additional value
Fitbit Pay
Additional info
Pay with your Fitbit(TM) smartwatch using Fitbit Pay.
Additional info uri
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Feature type
Digital wallet
Additional value
Garmin Pay
Additional info
Pay with your Garmin(TM) smartwatch using Garmin Pay.
Additional info uri
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Feature type
Digital wallet
Additional value
Google Pay
Additional info
Pay with your Android(TM) device using Google Pay.
Additional info uri
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Feature type
Digital wallet
Additional value
Samsung Pay
Additional info
Pay with your Samsung(TM) device using Samsung Pay.
Additional info uri
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Feature type
Npp payid
Additional info
Get faster payments between participating banks, anytime with a PayID.
Additional info uri
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Feature type
Npp enabled
Additional info
Pay and receive near real-time payments.
Additional info uri
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Feature type
Other
Additional info
You are not required to have a card to use this product.
Feature type
Other
Additional info
Manage payments from your bank account using PayTo.
Additional info uri
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Feature type
Other
Additional info
Use QR Cardless to withdraw cash or deposit notes, coins and cheques (subject to product eligibility) by using the latest version of the CommBank app to scan a QR code at a compatible CommBank ATM.
Additional info uri
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Feature type
Unlimited txns
Additional info
Unlimited CommBank electronic transactions.
Additional info uri
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Eligibility type
Min age
Additional value
55
Additional info
You must be at least 55 years old.
Eligibility type
Natural person
Additional info
You must be least 55 years old.
Eligibility type
Other
Additional info
For customers wanting to apply online, they will require an Australian residential address.
Eligibility type
Residency status
Additional value
Au
Additional info
Australian Resident

No limits & conditions were provided.

No bundles were provided.