Special Monthly Interest
A flexible everyday account specially designed for pensioners and retirees offering the peace of mind knowing their retirement savings or pension income is working hard and earning interest.
On this page
Details
| Field | Value |
|---|---|
| Base | 0.99% |
| Ongoing | 0.99% |
| 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 $10k |
| Standard variable | 1.65% | This band only | Over $10k 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 Special Monthly Interest .
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
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 | 0.99% | 0.99% | - |
Source: noren.com.au
Eligibility
- This account is for personal use by individuals
- Available to permanent Australian Residents
- Must be 55 years of age or over, receiving an eligible government pension, or a Member of the Association of Independent Retirees.
- Senior/pension use: age 55+, an eligible government pension recipient, OR member of the Association of Independent Retirees. No universal minimum age is inferred.
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.