Forms of primary ID
To verify your identity online, you'll need any two of the following:
- Driver's licence
- Medicare card
With easy access to your money, unlimited fee-free Suncorp Bank transactions, and interest paid on your account balance, the 55 Plus Account helps you make the most of your income and savings.
Interest Rates Effective 6 November 2018. Interest is calculated daily on the whole balance of the nominated flexiRate amount and paid at the end of the flexiRate period. flexiRate interest is fixed for the nominated flexiRate period. The maximum flexiRate period is 12 months. An interest adjustment will apply if we allow you to release your flexiRate early.
flexiRates allows you to earn higher interest rates by locking away a portion of your savings within your account for periods up to 12 months. You can choose a flexiRate time period and corresponding interest rate by simply logging in to Internet or Mobile Banking and selecting flexiRate from the menu. Please refer to the Product Information Document for more information.
Any flexiRate information will appear on your normal account statement.
Applying online is simple and takes less than 10 minutes. If you’re a single applicant and have sufficient ID, we should be able to verify your identity online and provide you with immediate access to your new account. Make sure you are a permanent Australian resident with an Australian residential address. Existing Suncorp Bank customers can save time and apply directly via Internet Banking.
Joint applicants may apply online however you will both need to visit a branch or Australia Post office to verify your ID before you receive full access to your account.
We will need to confirm your identity when you visit the branch so please take a moment to read our personal identification requirements.
Earn higher interest by choosing to lock a portion of the money in your savings account away for up to 12 months.
flexiRates can easily be set up and managed in Internet Banking.
flexiRates are available on the 55 Plus account, eOptions Online Savings Account and Everyday Options Sub-Account.
Product Information Document
For more details about this account download our Product Information Document
Compare Everyday Accounts
Use our comparison table to easily compare all Everyday Account features side by side
Use our Savings Calculator to see how much you could save
Start making the most of your money today.
Deposit Products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882. Please read the Product Information Document for Personal Deposit Accounts before opening an account. Fees, charges, terms and conditions apply and are available on request.
flexiRates allows you to earn higher interest rates by locking away a portion of your savings for periods up to 12 months.
Interest is calculated on a ‘stepped’ basis, which means you'll earn interest based on the parts of your account balance which fall within a set dollar and interest rate range. Please see the interest rate tab for rates across all account balances. Interest is calculated daily and paid monthly.
flexiRate rates allow you to earn higher interest rates by locking away a portion of your savings within your account for periods up to 12 months.