BankVic Pension Plus S10
![BankVic Pension Plus Account](https://www.finder.com.au/niche-builder/60a5d4e114f66.png)
- Maximum variable rate
- 4.40% p.a.
- Base interest rate
- 4.1%p.a.
Summary
Get 4.4% p.a. interest on balances $51,800 plus with the BankVic Pension Plus S10
If you are a recipient of a Centrelink pension or allowance, this account is tailored to your needs. The main benefit that BankVic offers you with the Pension Plus S10 is a guaranteed interest rate. This interest rate is set by the Commonwealth government.
If you are interested in a BankVic product or service, you must first apply for membership. Gaining membership is a easy process, and a few tips and tricks will be unveiled during the course of this article. BankVic was established in 1974 and transferred from Police Credit to a mutual bank on 1 June 2013.
Pros
-
No minimum balance
-
No account keeping, management or annual fees
-
Phone and internet banking is available
-
Direct credits and debits to and from the account
Cons
-
Need to be a member to qualify for this account
Details
Key details
Product Name | BankVic Pension Plus Account |
Maximum Variable Rate | 4.40% p.a. |
Standard Variable Rate | 4.10% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Minimum Age | 18 |
Your reviews
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Editor
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