HomeBank AccountsBankSAConcession Account

BankSA Concession Account

The BankSA Concession Account ongoing benefits include a $0 monthly fee, FX Fee of 3%.


Updated 8 December 2023

Product Details
A low-cost bank account for Australians receiving government health or pension benefits."
- BankSA
Fees
Account Fees

$0monthly account fee

Transaction Fees

3.00% overseas transaction fee

Interest on deposits
(% p.a.)
Deposit balance
Interest

$0+

0.00%

Once your account reaches a given balance tier, the interest rate for that tier will apply to the whole balance.
Features

For Pensioners, Concession Card holders

No annual fee

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the BankSA website.

More information
^ Different interest rates may apply to different account balances. The interest rate displayed is the minimum rate applicable. Higher interest rates may apply when certain conditions are met. Rates are subject to change.

* A foreign currency (FX) fee may be charged on international transactions such as those made while travelling overseas or when shopping online with a overseas merchant.
While the fee is usually charged as a % of the transaction value, in some circumstances such as small value transactions there may be a minimum flat fee applied (eg. $5).
Copyright © 2023 Stay or Go Pty Ltd
Stay or Go Pty Ltd (“Stay or Go”) provides information about and compares credit products in the Australian market and is authorised to do so as the holder of Australian Credit Licence 527092. We do not compare every credit product in the Australian market. We are not a credit provider and we do not provide credit assistance. When we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via our website, you are not applying with us, you are applying directly with the credit provider and will be redirected to their website. We endeavour to ensure that the information on this website is current and accurate however, before entering into any credit product with a credit provider displayed on our website, you should confirm the fees, rates, product information, and eligibility criteria with the credit provider and read the Target Market Determination (TMD) available via their website. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice. The use of any trade name or trademark on this website is for identification, comparison and reference purposes only and does not imply any association with the trademark holder or their brand. Please refer to our Terms of Use for more details.

Stay or Go is an authorised representative (Representative No: 001301898) of Mozo Pty Ltd who is the holder of Australian Financial Services Licence No. 328141. The product information presented does not constitute an offer, and we are not recommending or suggesting any particular product. We recommend that you read the relevant PDS or offer documentation before taking up any financial product offer. Target Market Determinations can be found on the provider's website. We recommend that you read our Financial Services Guide for more information.