BENEFITS
🇦🇺 Australian Owned · For Australian Residents Only
WHAT MAKES YOUR HEALTH WALLET DIFFERENT
Fees Locked Forever
Set at registration. Never increases.
No April 1st surprises.
$199/yr
platform fee — locked in for life
Your Money Earns Interest
Unspent balance earns interest. Rolls over. Builds over time.
3% p.a.
avg interest on balance
Pass It On
Gift your balance to family. Your health savings can outlive you.
Family
share with loved ones
No Waiting Periods
Claim from day one. Dental, optical, physio — all covered immediately.
0 days
waiting period on everything
No Annual Limits
Use as much as you’ve saved. No $300 dental cap. No limits.
Unlimited
use your full balance
Cancel Anytime
No lock-in contracts. Cancel any time. Unused balance refunded per PDS.
No Lock-In
your money, your choice
General information only, not financial advice. Read the PDS and FSG before deciding. Issued by Xtras Health Plan Pty Ltd (AFSL 500574, ARSN 627 076 411).
Health Wallet Benefits: A Smarter, Fairer Alternative to Health Insurance Extras.
All health wallet benefits work for you — not your fund. A smarter, fairer way to manage your health spending.
Rollover annually
Unspent extras roll over every year. Your balance accumulates for your future health needs — not the fund's profit.
Earn interest
Your balance earns interest, just like a savings account. One dedicated for health needs. Held by a NAB-approved custodian.
Gift to family
Share your extras with family members or anyone you care about.
Pet health cover
After 12 months, use up to 25% of your account balance on pet insurance or vet bills.
Eliminate gap fees
Cover hospital and GP gap payments — something traditional extras cover often can't do.
Balance refund
If you cancel, your remaining balance is refunded subject to a cancellation fee based on your membership period: 20% for memberships up to 10 years, 10% for 10–15 years, and 5% for over 15 years. The longer you stay, the more you keep. See PDS for full terms.
Fees locked at registration
All platform, contribution, and management fees are set at scheme registration and cannot be changed without registering a new scheme. No April 1st surprises. Ever.
No waiting periods
Your balance is available from day one. No waiting periods on any claim type.
ASIC licensed
A licensed financial product. Your money is protected and independently audited.
⏱ FEES LOCKED AT REGISTRATION — THE SOONER YOU JOIN, THE BETTER YOUR RATE
These benefits don’t work for your health fund.
They work for you.
No rate hikes. No waiting periods. No lock-in. Your balance rolls over every year and earns interest. Cancel anytime — unused balance refunded.
🔓 Open Your Health Wallet — From $5/day
🇦🇺 Open to Australian residents only · Not available to temporary visa holders · Read the PDS before deciding · General information only, not financial advice · Issued by Xtras Health Plan Pty Ltd (AFSL 500574)