RSL Money Pension Account

RSL Money Pension Account

RSL Money Pension Account

Designed specifically for those on a Government pension and for retirees, the RSL Money Pension account allows you to grow your savings whilst supporting you with no everyday banking fees to assist you in that goal.




No monthly

account keeping fees

Guaranteed by the

Government Guarantee Scheme


interest rates

A helping hand for the RSL community

RSL Money will contribute 0.20% p.a. of account balances to the RSL National at no cost to you. That means, the more you save the more we can give back to the RSL movement.

  •  No monthly account keeping fees
  •  Tiered interest rates
  •  Convenient 24 hour access
  •  Guaranteed by the Government Guarantee Scheme


Balance Interest Rate
Tier 1 - $0 up to $49,200 0.25% p.a.
Tier 2 - $49,201 to $250,000 0.80% p.a.
Tier 3 - more than $250,000 0.25% p.a.


Interest is calculated daily and paid monthly to members' accounts.

Features & Benefits

A flexible, fee-free account designed specifically for pensioners and retirees.

  •  No monthly account keeping fees
  •  Tiered interest rates 
  •  FREE RSL Money Visa payWave enabled debit card.
  •  Interest rebate (0.20% p.a. of account balance) payable to the RSL National.
  •  Deposits guaranteed by the Government Guarantee scheme.
  •  Convenient 24 hour access.
  •  Available to people receiving a Government or superannuation pension


Purpose Everyday banking
Online Banking Yes
Direct Debit Yes
Direct Credit Yes
Bank @ Post Yes
Interest Calculated Daily
Interest Paid Monthly
BPAY Transactions Free
Monthly Account Keeping Free
Online Banking Transactions Free
Australian ATM Transactions Free*
EFTPOS Transactions Free
Visa Debit Card Free


*ATM providers not included in the Australian Military Bank ATM network may charge you directly for using their ATMs.

Rates are current as at 1 October 2020 and are subject to change at RSL Money’s discretion.

The Target Market Determinations (TMD) for our products are available here

Apply today!

We offer a variety of ways to apply for the RSL Money Pension Account.

Apply Online

Our user friendly online applications are designed to be quick and easy to complete.

Start an online application form.


If you call us on 1300 000 775, we'll walk you through the application process over the phone.

By Appointment

If you'd prefer to apply in person, please contact us to arrange an appointment with an RSL Money staff member.

We need to confirm your identity

Before we can open your account, we will need to do confirm your identity. For more information, click here.

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