Community First Credit Union
Community First Credit Union

Retirement Plus Account

Amount Base Rate Max Rate
< $1000 0.05% 0.05%
$1000+ 0.05% 0.05%
$2000+ 0.05% 0.05%
$5000+ 0.05% 0.05%
$10000+ 0.15% 0.15%
$20000+ 0.15% 0.15%
$50000+ 0.15% 0.15%
$100000+ 0.40% 0.40%
$250000+ 0.40% 0.40%
$500000+ 0.40% 0.40%

  • The Retirement Plus account is an account that rewards pensioners or retirees with higher interest than normal transaction accounts.
  • A Retirement Plus account lets you take advantage of higher interest rates based on the Federal Government's Income Test deeming rates. Interest is calculated on your daily balance and paid tri-annually.
  • To be eligible for Retirement Plus you will be a holder of a Seniors Card, a recipient of Family and Community Services Pensions or a self-funded retiree over the age of 55 years.
  • Account features:
  • - No account keeping fees
  • - Card access via a Debit Card
  • - Optional overdraft facility (fees may apply)*
  • - Optional personal cheque book
  • - Optional personal deposit book
  • - Earn interest on daily balances
  • - One simple statement for all your accounts
  • - BPAY facility to pay bills
  • - Ability to make regular deposits
  • - Receive free transactions based upon the combined total balances of your loans and deposits with Community First via our Member Allowance
  • - Free SMS and email alerts to notify you of specific transactions and balances on your account(s)
  • *Rates current as at 18/11/2021 and subject to change without notice. Credit eligibility criteria, terms and conditions, fees and charges apply.

Key Features
No Account
Keeping Fee
Linked Account

Account Details

Account Type Trans
Min. Opening Amount $0.00
Min. Balance $0.00
Monthly Account Fee $0.00
Interest Calculation Frequency Daily
Interest Payment Frequency Quarterly
Interest Paid In Steps?


ATM Withdrawal Fee $1.50
ATM Balance Fee $1.50
ATM Balance Fee $1.50
Daily ATM Withdrawal Limit $1,000.00
EFTPOS Fee $1.10
Debit Card Replacement Fee $12.50

Fee Details

Service Fee Frequency
Fee Rebate Available
Balance Required for Fee-Free $0.00


See website for full fees and charges

Internet & Phone Fees

Phone Transaction Fee $2.00
Internet Transaction Fee $0.00
Free Electronic Trans. per Month 0

Counter & Cheque Fees

Counter Deposit Fee $0.00
Counter Withdrawal Fee $1.50
Free Counter Trans. Per Month 2
Cheque Fee $6.00
Cheque Dishonour Fee $25.00
Debit Item Dishonour Fee $25.00

Overseas Access

Overseas ATM Facilities Cirrus,Maestro,VisaPlus
Overseas ATM Balance Fee $1.50
Overseas ATM Withdrawal Fee $5.00
Overseas EFTPOS Fee $0.00
OS Emergency Card Replacement $175.00
Overdrawn Account Fee -
Foreign Transaction Fee