Beyond Retirement Account Summary
Description
The Retirement Account enables retirees to earn a little, whilst still using this as an everyday bank account.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Ongoing rate cap: $5,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Beyond Retirement Account |
|---|---|
| Maximum variable rate | 1.60% p.a. |
| Ongoing interest rate | 1.60% p.a. |
| Base interest rate | 1.60% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 1.60% |
|---|---|
| Ongoing | 1.60% |
| Ongoing cap | $5K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 1.60% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 1.60% | This band only | First $5k |
| Standard variable | 1.80% | This band only | Over $5k to $48.6k |
| Standard variable | 2.25% | This band only | Over $48.6k |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- No introductory offer. Zero monthly account-keeping fee, transaction and service fees can apply. Optional linked Purple Transactor marketing is not an interest qualification.
- No monthly deposit, balance-growth, purchase or withdrawal-count interest requirement. At-call access without a notice period, service fees are separate from interest qualification.
- Other fees can include Bank@Post, overseas transactions, optional services and a $10 annual dormant-account fee after 12 months without a member/signatory transaction. Zero monthly account fee does not mean all services are free.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Beyond.
- Personal AUD savings use, become or remain a Beyond Bank Australia member and complete the bank’s identity checks. No product minimum balance in the reviewed Product Guide.
- Non-business individual who is a self-funded retiree, receives a superannuation pension, is an age pensioner or receives the Mature Age Allowance. No universal numeric minimum age is inferred from pension/retirement status. Contact the bank to open.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 31 Oct 2026.