Capricornian Pension Access Account Summary
Description
The Pension Access Account allows members 65 years and over to manage their finances wisely and enjoy a more comfortable lifestyle.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Applicants must be at least 65.
- Ongoing rate cap: $10,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Capricornian Pension Access Account |
|---|---|
| Maximum variable rate | 0.10% p.a. |
| Ongoing interest rate | 0.10% p.a. |
| Base interest rate | 0.10% p.a. |
| Minimum age | 65 years |
Source: noren.com.au
All comparison details
| Base | 0.10% |
|---|---|
| Ongoing | 0.10% |
| Ongoing cap | $10K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | - |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 65 |
| 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: 0.10% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 0.10% | This band only | First $10k |
| Standard variable | 0.45% | This band only | Over $10k to $50k |
| Standard variable | 0.60% | This band only | Over $50k |
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
- Personal savings comparison, other transaction, assisted-service and card fees can apply. No current introductory rate is established.
- Interest paid on the portion within each tier, no monthly interest activity test. This comparison assumes the first eligible account, whose monthly service fee is waived. Subsequent accounts cost $6 per month. Income-credit eligibility does not establish a fixed monthly dollar amount or deposit count.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Capricornian.
- Individuals aged 65+ receiving an aged/veteran pension or self-funded retirement income, paid directly into a Capricornian account. This corrects the source’s narrower pension-only wording.
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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 on 31 Oct 2026. Pricing verified on 28 Oct 2026.