Everyday 50PLUS Account

Live freely.
Spend globally.

Enjoy an everyday account designed for Australians 50 years and over1 who want more freedom, more access, and zero international fees.

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Designed for life on the move.

Enjoy fee-free spending, smart savings, and instant access, wherever your money takes you.

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Full transparency.

Total control.

You deserve banking that's clear and upfront, every step of the way.

Account fees

Fee type

Fee amount

Online payments

Free

Mobile payments

Free

EFTPOS

Free

International ATMs

Free

International purchases

Free

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Rates

Account Balance

Standard Variable
Interest Rate

$250,000 and over

2.50

% p.a.

$50,000 - $249,999.99

2.25

% p.a.

$10,000 - $49,999.99

1.75

% p.a.

Up to $9,999.99

0.05

% p.a.

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Limits

Limit type

Limit amount

Daily cash withdrawal limit

$1,000

Daily Visa Debit Card transaction limit

$10,000

Daily OSKO transaction limit

$1,000

Daily Online Banking transaction limit

$5,000

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Check your eligibility

To open an Everyday 50PLUS Account, you’ll need to be an:

Australian resident with an Australian residential address

individual aged 50 and over or in receipt of an eligible permanent pension.

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Need assistance?

If you’re not sure if you meet our criteria, let us help you.

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Built-in protection,
wherever you go

Smart technology. Real-time monitoring. You're always in control.

Card control

Freeze or replace your card instantly, right in the app.

Biometric login

We’ll monitor and alert you of suspicious activities.

Real-time monitoring

We’ll monitor and alert you of suspicious activities.

Government guarantee

Your deposits are protected up to $250k.

Real-time monitoring

We’ll monitor and alert you of suspicious activities.

Biometric login

Face ID and fingerprint login for seamless banking.

Card control

Freeze or replace your card instantly, right in the app.

Government Guarantee

Your deposits are protected up to $250K.

Open an account in minutes.

Apply, verify, and start banking. It’s that simple.

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Your questions answered.

We believe good banking starts with clear answers.

How can I order a card for my Everyday 50PLUS account?

How often is interest paid on the Everyday 50PLUS Account?

What are the fees associated with the Everyday 50PLUS?

What is the interest rate for the Everyday 50PLUS?

Helping you and your
community thrive.

We’re proud to invest in local people, projects, and progress. Since 1880.

Get in touch

Speak with our friendly, Australia-based team.

Visit a branch

Our friendly branch staff are ready to help you achieve your financial goals. We’ll also provide the coffee or tea while you’re here.

Community

We provide grants to support people who give their time, energy, and expertise to build stronger communities.

Important Information

*$50 promotion is valid for new IMB members who have not have held an IMB Everyday 50PLUS Account before and open an Everyday 50PLUS Account between 28/05/2026 and 31/08/2026. Account eligibility requirements apply. Cannot be used in conjunction with any other IMB account offer. To be eligible for the $50 cashback, members must make a minimum of $1,000 worth of purchase transactions on the new account by the end of the promotional period (11:59pm on 30/09/2026). ‘Purchase transaction’ is defined as utilising a linked Visa Debit Card to make a purchase of goods or services, in person or online. Offer limited to one cashback per account and not available with any other offer. $50 cashback will be paid into the members account within 30 days of promotion period ending. IMB reserves the right to change or withdraw this offer at any time.

Travel Insurance

IMB trading as IMB Bank ABN 92 087 651 974, AFSL/Australian Credit License No. 237 391 arranges this insurance as agent for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Travel insurance is issued and managed by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631, trading as Allianz Global Assistance (AGA), for the insurer Allianz. IMB, Allianz and AGA do not provide any advice based on any consideration of your objectives, financial situation or needs. Policy terms, conditions, limits and applicable sub-limits, and exclusions apply. Before making a decision, consider the relevant Travel Insurance Product Disclosure Statement. The relevant Target Market Determination is also available at Policies & Services . If you buy this insurance, IMB Bank and AGA will receive a commission that is a percentage of the premium as outlined in their Financial Services Guide. Ask IMB Bank for more details before it provides you with services.

General

Information current at date of appearance and subject to change. You should consider the Product Disclosure Statement before making a decision about IMB products and facilities. Target Market Determination available here. Fees and charges may apply, see the PDS – Fees, Charges and Limits for more details.  

Interest on all deposits is calculated on the daily balance at a daily rate equivalent to the annual rate divided by 365. A different rate applies to the portion of the balance in each tier. 

Rates and features

1. The Everyday 50PLUS Account is available to individuals aged 50 and over or in receipt of an eligible permanent pension.

® Osko is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518. Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Google Pay is a trademark of Google LLC. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd. Garmin Pay is a trademark of Garmin Ltd. or its subsidiaries.

Want $50 cashback?*

New members, open a new account by 31 August 2026, spend $1,000 using your Visa Debit Card by the end of September and $50 is yours.

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