Yes. We’ve been in business since 1957 and we are one of the strongest small banks in Australia.
We are regulated in the same way as every bank in Australia. Deposits are guaranteed by the Australian Government. Learn more.
Have you recently learned about Bank Australia’s responsible approach to banking or perhaps learned that we have a commitment to never invest in the fossil fuel industry? Perhaps you’ve recently been approved for a home loan and you’d like us to help you move your everyday banking?
There are many reasons to switch to Bank Australia and the good news is - switching is probably not as hard as you think! Here are three simple steps to follow:
When you apply for an account you'll also order your Visa or rediCARD. Once your card arrives, activate it using the instructions within the letter and you’re ready to start spending. Find your nearest rediATM – with 3000 across Australia chances are there’s one near you.
Talk to us - we can help you to transfer your credits (such as your salary and other payments to you) and your debits (such as your mortgage or rent payments). Either call us on 132 888 or complete this form and we can transfer these regular transactions to your new Bank Australia account.
Once you’re sure all of your direct debits and credits have been transferred over, contact your previous bank and close the old account. Be sure to follow us on social media so you can find out all of the ways your everyday banking is helping people, planet and prosperity.
3.86% p.a. 3.90% p.a. comparison rate.