Wrap up
You contact Greg a few days later after using iSource to research retail products that may be suitable for his needs.
Click through the slides to discover how the story unfolds.
What we know
We know that Greg requires an account that will maximise his returns and reduce his fees, and still enable him to pay off an investment mortgage quickly. He will travel overseas soon and needs the ability to use more than one foreign currency without having to use cash and/or travellers’ cheques.

The right solution
Greg confirms the amount to be held in the account would typically exceed $50,000; he is 59 and retiring soon.
You went to iSource to confirm the best account options for Greg and discovered he may be eligible for a Pensioner Security Account as an appropriate personal solution as Greg is over the age of 55.
He may also like to consider an Everyday Off (EDO) linked to the mortgage as another means of paying off the investment property loan faster.

Personal needs met
You discuss the Pensioner Security account features with Greg. These include:
- No monthly account fee
- 15 free electronic withdrawals a month (default option)
- Full access option, 5 electronic and 2 fee-free assisted withdrawals a month
- Money is 100% security guaranteed if fraud occurs
- Tiered credit interest according to balance
- Manage the account online with NetBank or CommBank app.
You also introduce the Everyday Off (EDO) option and suggest that Greg consider a Travel Money Card (a reloadable prepaid card that can be loaded with multiple currencies) while overseas, as it removes the hassle of carrying cash and cheques while allowing access to an international network of ATMs.
Greg is pleased with this solution and finds them attractive options to manage his personal financial needs.