Retirement Plus
Seniors transactional account
On this page
Details
| Field | Value |
|---|---|
| Base | 1.32% |
| Ongoing | 1.32% |
| Ongoing cap | Tiered |
| 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
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 0.01% | This band only | First $5k |
| Standard variable | 1.65% | This band only | Over $5k to $50k |
| Standard variable | 2.00% | This band only | Over $50k |
Source: noren.com.au
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Rate requirements
For Retirement Plus.
- No monthly interest deposit, growth, purchase or withdrawal-count qualification. Interest uses separate balance portions, the highest advertised tier is not the rate on the whole balance.
- Zero monthly account-keeping fee. Transaction/service fees can apply: standard $3 monthly transaction-fee allowance plus $3 for each whole $1,000 minimum monthly balance, relevant fees may be waived with an eligible linked Standard Home Loan. A selected current balance does not prove a full-month minimum or a fee waiver.
- The schedules disclose a $15 six-monthly dormant-account fee after 24 months without qualifying activity, plus optional/special-service fees. This is not a regular monthly account-keeping fee.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 1.32% | 1.32% | - |
Source: noren.com.au
Eligibility
- In Australia with an Australian residential address and satisfactory identity checks. $1 minimum opening and ongoing balance.
- At least one holder must meet the senior eligibility condition. Current product page says 55 and over, the product schedule says over 55. The source minimum 55 remains in signed evidence, no universal minimum age is imposed on all joint holders, and the exact birthday boundary is not newly resolved here. Joint accounts are permitted, the other holder need not meet the age condition. Open in branch.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 31 Oct 2026.