Deeming Account

Everyday account for pensioners and retirees

Be sure that your pension won’t be affected when you use this low cost, high performance account, with interest paid at government deeming rates.

Suitable for Everyday account for pensioners and retirees
Key Features
  • Deeming interest rates (as set by government)
  • High number of fee free transactions
  • Funds available at call
  • No account keeping fees
  • Low minimum account balance
  • Interest paid monthly
  • Choice of ATM card, cheque book or passbook
  • Available to over 55s or pensioners with a concession card
Deposits and withdrawals
  • Over the counter at any Bank of Cyprus Australia branch
  • Internet Banking
  • RediATMs, NAB ATMs and EFTPOS
  • Direct credit and direct debit facility
  • Inward telegraphic transfers

Note: Account subject to government income assessment and deeming rules

Budget planner

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Customer service

General enquiry

Employment opportunities

Website enquiry

Telephone
1300 660 550
8.30am to 5.30pm AEST
Monday to Friday

Online Customer Service Form

Bank of Cyprus Australia Limited - Rialto Towers, Level 41, 525 Collins Street, Melbourne VIC 3000. ABN 51 092 167 907 AFSL 244611 / Australian Credit Licence 244611. Advice on this website does not take into account your financial circumstances, needs or whether it is appropriate for you. Bank of Cyprus Australia Limited recommends that you read the terms & conditions before deciding to acquire the product. Bank of Cyprus Australia Limited is a wholly owned subsidiary of Bendigo and Adelaide Bank Limited.