Pension Plus transaction account

If you are 55 years or older and retired, or receive an Australian Government pension, you can choose our Pension Plus transaction account. Get secure access to your pension income while earning a competitive interest rate.

2.55 % PA
Step-up interest on balances over $50,200  About this rate Enquire online
% PA

Pension Plus features

  • Available for retired customers aged 55 years or older, or customers in receipt of an Australian Government pension
  • Competitive step-up interest rate 
  • $0 monthly account keeping fee^
  • Get money out fee free at Heritage and big 4 Bank ATMs in Australia~


Monthly account keeping fee^

Interest Rate
$1 to $50,199
$50,200 or more
Step-up interest calculated on daily balances and paid monthly
Interest Rate
Interest Rate
Rates Effective From 01/05/2024

Deposits at Heritage are backed by the Government Deposit Guarantee up to $250,000.

Awards for Bank of the Year - Customer Service and Customer-Owned Institution of the Year
Transaction Fees

Transaction Type 

Fee Per Transaction

Direct credits and debits Free
Visa debit and Visa payWave  Free
Bank@Post Transactions  Free
Counter cash deposits, withdrawals, transfers and BPAY®  Free
Heritage ATM withdrawals, transfers and balance enquiries  Free
AUD Cheque deposits  Free
Presented cheques 
Overseas ATM or counter withdrawals (Visa)  $5.00 plus overseas currency conversion fee
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Our specialists are available to answer any of your questions, so you can choose the product that best suits your needs.

They can also help with internet banking, card management and lots more.  Tap here for live assistance.