Savings account rates › Regional Australia Bank
Freedom Retirement Account
Regional Australia Bank
CDR official
Full range of access AND great interest rates for retirees and pensioners.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 0.75% | Variable · $1–$2,000 | Pensioners | CDR | 1 Nov 2026 |
| 1.05% | Variable · $2,000–$50,000 | Pensioners | CDR | 1 Nov 2026 |
| 2.30% | Variable · $50,000–$250,000 | Pensioners | CDR | 1 Nov 2026 |
| 2.75% | Variable · $250,000–$1,000,000 | Pensioners | CDR | 1 Nov 2026 |
Report an error
Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://public-data.cdr.regaustbank.io/cds-au/v1/banking/products/0a5b3d7e-dd00-4b7c-b557-91450356730a- Content hash
sha256 7cded9fdcf6d15dcd2fd5a8eea61d7142b358b0662b371c312f7e324a1c1a785- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_7cded9fdcf6d15dc_d13211f3Show details
- Checked
- 1 Nov 2026
- URL
https://public-data.cdr.regaustbank.io/cds-au/v1/banking/products/0a5b3d7e-dd00-4b7c-b557-91450356730a- Content hash
sha256 7cded9fdcf6d15dcd2fd5a8eea61d7142b358b0662b371c312f7e324a1c1a785- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Cheque Deposit Fee | Deposit | $0.50 |
| Direct Debit Dishonour Fee | Dishonour | $5.00 |
| Access Fee | Periodic | $0.00 |
| Over Limit Fee | Event | $3.50 |
| Over the Counter Withdraw | Transaction | $0.00 |
| Direct Debits and Credits | Event | $0.00 |
| International Transaction Fee | Transaction | 3.00% |
| Bank Cheque Fee | Event | $11.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Unlimited txns | ATM, Internet, Mobile & Phone Banking transactions. No withdrawal fees at Regional Australia Bank ATMs. Transactions at other financial institutions’ ATMs may incur a fee. | |
| Npp enabled | This account can be used to send an NPP payment. | |
| Other | Make deposits and withdrawals through a Bank@Post facility at Australia Post outlets. For full details refer to our Conditions of Use. Fees and charges apply. | |
| Bill payment | Automatic payments can be scheduled to pay your bills and/or split your pay into designated savings accounts. | |
| Additional cards | An initial card on each account, replacements for defective cards and automatic card renewals are free. A fee applies for each additional card ordered at your request. | |
| Digital wallet | Apple Pay | Apple Pay can be attached to the product on request. |
| Other | Combined balances of up to $250,000 per account holder are guaranteed and secured by the Australian Government. | |
| Card access | Visa Debit Card with payWave | Visa Debit Card available to Australian Residents and members aged > 12 years |
| Digital banking | Bank 24/7 wherever you are and whenever you want with RAB mobile and internet banking. | |
| Digital wallet | Samsung Pay | Samsung Pay can be attached to the product on request. |
| Digital wallet | Google Pay | Google Pay can be attached to the product on request. |
| Npp payid | This account can be used as the target of an NPP PayID. | |
| Eligibility: other | As a customer-owned bank, customers must also become a shareholder of Regional Australia Bank to be eligible to open an account. | |
| Eligibility: pension recipient | Account holders must be retired and at least 55 years old, or receiving an eligible pension. | |
| Eligibility: min age | 55 | Account holders must be retired and at least 55 years old, or receiving an eligible pension. |
| Eligibility: natural person | The customer must be a natural person rather than another legal entity | |
| Eligibility: residency status | Australian Resident | Individuals must be citizens or permanent residents of Australia. |
| Limit: min balance | 1.00 |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Variable · $250,000–$1,000,000 | 1 Nov 2026 | Current | 2.75% |
| Variable · $1–$2,000 | 1 Nov 2026 | Current | 0.75% |
| Variable · $2,000–$50,000 | 1 Nov 2026 | Current | 1.05% |
| Variable · $50,000–$250,000 | 1 Nov 2026 | Current | 2.30% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
eligibility:pensioner | Pensioners | Filter; shown in the row |
Registered channels
Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.People registered for this product
No one is registered for this product yet. Lender staff and brokers can join through verification.