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Commonwealth Bank Pensioner Security

Commonwealth Bank Pensioner Security

4.5 from 2 reviews · View Statistics
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Reviews

4.5
2 reviews
5
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4
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3
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2
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1
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    4.0 (1)
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MrsThrifty
MrsThriftySouth East Queensland, QLD
  • 55 reviews
  • 18 likes

Wonderful account for over 55's, or people on a pension.

published
Transparency
4/5
Incentivised Review No
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Xkirrose
Xkirrose
  • 9 reviews

Good

published

This is a free account for pensioners, with a set amount of free transactions. Commonwealth has the most amount of branches and ATMs, which makes them the most accessable in Australia.
This account is free for pensioners and over 55s. You have the option of keycard access or a passbook if you prefer older style banking, making visiting the branch a must. Accounts can be accessed by phone banking and the internet. Overall it is a comparable product to all the banks
There are only a small amount of free transaction, and if you write cheques and its in excess of your free limit, it costs $1 for each cheque.

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Questions & Answers

Michael Hall
Michael Hallasked

I have a Pensioner security account with your Carindale Branch.

I am in NZ and haven't activated my card, its now obsolete. My Passport has expired and I won't be travelling anymore.
I would like to close my account and have the funds transferred to my NZ account.

Can any one help me please?
Michael Hall
julieandmick0@gmail.com
NZ 4 5672327

No answers
Frank Hargreaves
Frank Hargreavesasked

When I try opening one of these account on-line I am told that I am not eligible for this product.
I am an Australian resident, 79 years of age and receive the age pension.
I have tried asking CBA help desk about this but they were useless.
Does anyone know why i'm seen as not eligible?

No answers
Merril
Merrilasked

Can I have direct debits withdrawn fortnightly from the PSA?

1 answer
Anonymous762
Anonymous762

Yes, you can, I have done fortnightly this with my electricity bill when I had the Pensioner Security Account.

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Details

CategoryTransaction Accounts and Savings Accounts
Eligibility Retirees & Pensioners
Monthly Fee0
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