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GO SiXTY PLUS

Unique benefits, services and products designed for those over 60.

What is GO SiXTY PLUS?

A product package designed for over 60s…

These days, we are living longer and healthier lives but, one challenge we face, is how to afford it. Many retirees find themselves asset rich and cash flow poor due to a significant amount of their wealth being tied up in their family home or retirement village unit. If this is you, consider GO SiXTY PLUS. It has unique benefits, services and products to help you maximise the potential of your assets, so you can live life, better.

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Meet the Relationship Manager

Linda Ginever has worked in the financial services industry since 1990, and first joined Police Credit Union in 2010 as a financial planner.

She is passionate about assisting seniors, and is a dedicated advisor of our unique product package for over 60s.

Get in touch

Call Linda directly on 8208 5628 or 0438 859 797, or email her at [email protected].

Bridge to Retirement

This product is specifically designed to facilitate a simple, smooth transition into a smaller property, retirement village or to pay for entry into an aged care facility. This is a bridging finance option secured against your existing home property.

Funds (up to 75% of the value of your existing home) are provided in advance, allowing up to a 12 month (maximum) term to sell your existing home, at which time the bridging loan (and any interest that has capitalised to the loan) is repaid in full. 

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Home Care Services Loan

This home loan is tailored to help you remain in your own home for as long as possible, with the support of service providers.

If you own or are close to owning your property freehold, you can access some of this wealth to fund for example, home care services, home improvements, new or replacement vehicles, travel or medical expenses.

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Reverse Mortgage

Financed through Heartland Seniors Finance (HSF)2, this loan allows you to borrow money using equity in your home as security.

  • Maximum loan amount determined by your age and property value
  • Funds can be used for almost anything that helps you live a more comfortable retirement (e.g. home improvements, day to day expenses, new or replacement vehicles, debt consolidation, mortgage refinance or medical expenses).
  • Funds can be issued via lump sum, regular income stream, cash reserve (like a ‘line of credit’) or a combination of these
  • No repayments required until end of the loan
  • Interest compounds monthly and is added to loan balance
  • Remain the owner of your property and continue living there as long as you choose
  • Can provide more flexibility than the Federal Government’s Pension Loan Scheme
  • HSF guarantee no negative equity – the amount required to repay the loan will never exceed the net sale proceeds of the property

Obtaining legal advice is mandatory before committing to a Reverse Mortgage. We recommend you obtain advice from appropriate services such as a Centrelink Financial Information Service (FIS) officer and/or a financial planner. Please also consider any impact on your Social Security benefits, future aged care needs and leaving your home to beneficiaries with or without a mortgage.

See Reverse Mortgage Information Statement.

Lifestyle Personal Loan

This loan is ideal for those residing in an approved retirement village, wishing to access equity secured against their ‘license to occupy’ for any worthwhile purpose (excluding debt consolidation).

Exclusive to Police Credit Union, this loan includes the following key features:

Master Club

Flexible everyday access accounts with better rates, less fees and benefits such as:

  • No monthly or account keeping fees
  • Fee-free over-the-counter branch withdrawals, direct credits (pension, superannuation etc)
  • 24/7 secure Phone Banking and Online Banking access including our Banking App
  • Competitive, stepped interest rates with funds at call
  • 0.05% bonus interest on all standard fixed term deposits3
  • No minimum deposit, withdrawal or account balance

Fee Free Bill Payment Service

Aged 60 years and over? Need help paying your bills? We can help…

Pay your bills ‘fee free’ from the comfort of your home. Simply call and we’ll assist you to pay your bills using BPAY® for free* by waiving the manual service fee.

It’s easy! Call us on 1300 131 844.

View Only Access

Set up View Only Access for both Online Banking and the Banking App. It allows you to view your account balance as much as you like, without the function of online payments and transfers.

Not confident using Online Banking or our Banking App? Call us on 1300 131 844 to register and we can guide you through the process.

Bridges Financial Planning

Financial planning is about helping you plan for a future lifestyle that is as good as it can possibly be. No matter your age, the advice of a professional financial planner is crucial in helping you achieve your financial goals by developing a strategy specifically for you.

Police Credit Union holds regular free seminars on retirement planning, financial planning (information provided by Bridges Financial Services4) and other retirement related topics. The seminars are run by highly professional presenters and allows for questions and further discussion on key topics.

Get in touch

Call 1300 131 844, email us at [email protected] or visit us in branch.