Bendigo Bank Retirement Passbook Account

Bengigo Bank Retirement Passbook Account

The Bengigo Bank Retirement Passbook Savings Account is an account created solely for members who are self-funded retirees or recipients of a Centrelife benefit. These members also are required to be at least 55 years of age.

You can open a Bengigo Bank Retirement Passbook Account with about the smallest amount possible besides zero. This is a stepped interest account, and daily calculated interest is applied to your account on a monthly basis. You will have at call accessibility to your funds. If you are an Australian resident who is at least 16 years of age, you have the option to use Phone banking or e-banking, which will help you out when you cannot, or simply do not want, to get out to the bank.

Bank Cheques are provided to Bengigo Bank Retirement Passbook Savings Account holders and if approved, electronic transfers can be attained. Members can set up Automatic Payments to take care of monthly debts, or use BPAY or Pay Anyone Service. Please note that BPAY and Pay Anyone Service is only available to those account holders who already have the capability to use the e-banking service.

If this kind of account sounds right for you, contact Bengigo Bank for more details.