Geelong Senior Savers Summary
Description
Account for members who are over 55 or recipients of an eligible pension.
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Ongoing rate cap: $10,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Geelong Senior Savers |
|---|---|
| Maximum variable rate | 1.55% p.a. |
| Ongoing interest rate | 1.55% p.a. |
| Base interest rate | 1.55% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 1.55% |
|---|---|
| Ongoing | 1.55% |
| Ongoing cap | $10K |
| 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: 1.55% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 1.55% | This band only | First $10k |
| Standard variable | 1.65% | This band only | Over $10k to $49,201 |
| Standard variable | 1.70% | This band only | Over $49,201 to $250k |
| Standard variable | 1.90% | This band only | Over $250k |
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 regular monthly account service fee or advertised introductory offer. Other event/service charges apply, including a $20 annual inactive-account/dormancy fee, see the current fee schedule.
- Interest calculated daily. Whole-dollar tier headings use the acquired .99 cent ceilings and adjacent whole-dollar minimums, numeric rates and raw qualification text remain in the original source signature.
- Interest paid quarterly in March, June, September and December, correcting CDR monthly payment frequency. Savings/transaction facilities include optional Visa Debit and direct pension credits. No monthly activity bonus test.
- The current 14 October 2026 rate schedule and product page specify the third band from $49,201, agreeing with CDR’s $49,200.99 ceiling and $49,201 minimum. They govern current pricing over the older TMD’s overlapping $49,200 label. Portion endpoints are $10,000, $49,201 and $250,000, the displayed rate is weighted, with quarterly payment. Original source boundaries and the documented TMD discrepancy remain retained.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Geelong.
- Personal Australian residents/citizens or permanent residents, subject to membership, identification and account-opening checks. Geelong is a separate brand/source under Hume Bank Ltd, ABN 85 051 868 556.
- Age 55+, OR hold a Seniors Card, OR receive an eligible aged, widow, veteran, disability support or carer pension. Source pension-only eligibility is incomplete, no universal numeric minimum age is asserted.
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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.