Hume Retirement Account Summary
Description
An account specifically for age pensioners
Benefits
- No monthly savings-account fee.
- No monthly activity requirements for the ongoing rate.
Hoops
- Ongoing rate cap: $50,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Hume Retirement Account |
|---|---|
| Maximum variable rate | 2.00% p.a. |
| Ongoing interest rate | 2.00% p.a. |
| Base interest rate | 2.00% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 2.00% |
|---|---|
| Ongoing | 2.00% |
| Ongoing cap | $50K |
| 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: 2.00% p.a..
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 2.00% | This band only | First $50k |
| Standard variable | 2.30% | This band only | Over $50k to $250k |
| Standard variable | 3.30% | 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
- Variable savings pricing at the comparison balance. No separate introductory offer or mandatory linked transaction account is advertised. $0 monthly account keeping fee is independently verified, optional non-standard service charges can apply.
- Retirement savings/transaction hybrid with at-call access and a Visa Debit card. No monthly activity interest condition.
- Interest is calculated daily and paid twice yearly under the September 2026 PDS and source P6M frequency. A generic website footnote says paid at maturity, the specific PDS account schedule governs this at-call account.
- The current 14 October 2026 personal rate sheet and product page govern the $50,000 and $250,000 strata. Whole-dollar band labels describe portions, they do not leave fractional-dollar gaps. CDR’s $49,999.00 first endpoint is corrected for arithmetic only, with every raw boundary and rate retained in the source signature.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Hume.
- Personal AUD account. Australian residence and an Australian residential mailing address are required by the source. Identification and account-opening requirements apply.
- At least one holder, including for joint accounts, must receive an Age or Veteran’s Affairs pension or be a self-funded retiree. No universal numeric minimum age is specified, age 65 is not inferred.
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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.