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Easy banking for retirees

Competitive interest
Interest paid monthly and calculated daily depending on total balance
Convenient support
Our friendly staff are on hand to help you in any of our branches and over the phone
Fraud protection
We’ll refund you 100% of any money taken from your account if you’re a victim of fraud provided you let us know right away1
Ways to pay
Pay on the go simply and securely from your mobile device at millions of stores worldwide, where contactless payments are accepted. Learn more


Easy access to your money at home and overseas

Visa Debit Card

With a Visa Debit card you can use your own money to shop instore, online or over the phone. Heading overseas? You can also use your card while you’re away – from tickets and accommodation to shopping anywhere in the world visa is accepted.


Mobile Banking

Manage your money on the go with the St.George mobile banking app. Not only can you check your account balance with just a swipe, you can also transfer money between accounts or to someone else, find your nearest ATM and keep tabs on your transactions.



Interest Rates

0.05% p.a.

Balances up to $9,999.99

0.05% p.a.

On the part of the balance between $10,000.00 to $49,999.99

0.35% p.a.

On the part of the balance between $50,000.00 to $249,999.99

0.55% p.a.

On the part of the balance $250,000 or over

Fees and charges

  • FREE eftpos 
  • FREE ATM use in Australia (St.George/ Bank of Melbourne/ BankSA and Westpac ATMs in Australia)
  • FREE Staff assisted (branch and telephone)
  • $2.00 Frequent statement (request statement outside cycle)
  • FREE Cheque
  • Free Visa Debit transactions
  • Free Direct Debit
  • Free Internet, mobile and phone banking transactions
  • 3.00% Foreign currency conversion
  • $5.00 Overseas cash withdrawal (outside Global ATM Alliance)
  • Free Fraud Protection
  • $4.00 Periodical payment
  • $15.00 Payment Honour fee
  • $5.00 Dishonour fee

In detail

Before making a decision, please read the terms and conditions and ensure you're aware of all fees and charges.

1. Our St.George Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted Bank of Melbourne Promptly. Refer to your card’s conditions of use for full details, including when a customer will be liable.

Read the Apple Pay Terms and Conditions (PDF 53KB) before making a decision and consider if it is right for you. To use Apple Pay you will need an eligible card, and a compatible device with a supported operating system. See our Apple Pay FAQs for more information. Apple, the Apple logo, Apple Pay, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.