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.
An account with everything you need to do your daily banking. We offer fee free banking for eligible customers who are on low income.
Our Basic Access Account is a transaction account for eligible customers to receive their government benefit payment into and access free banking transactions at over 10,000 Bank Australia and major bank ATMs, every EFTPOS outlet, and at our branches. With VISA debit you have worldwide access to your savings, and 24/7 fraud monitoring.
Other account features are:
You can close your Bank Australia Account by calling 132 888 or visiting one of our branch locations.
* In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should refer to Bank Australia’s disclosure documents before making a decision to apply for products with Bank Australia.
Available to customers who have a current Pensioner Concession Card, Health Care Card or Commonwealth Seniors Health Card. Government benefits must be credited to this account.
Customers who hold a Health Care Card and do not receive Government benefits, must credit their low income earnings into this account.
Upon expiry of an eligible card customers must provide updated card details. If updated details are not provided within two months of card expiration the account will be converted to an Everyday Access account. Applicable fees and charges will apply. Cards may be presented in person or a copy sent via secure email or traditional mail.
The Basic Access Account will have an interest rate of 0% and does not allow certain transactions, such as cheque books or Bank@Post transactions.
Bank Australia is committed to delivering memorable and superior service to all customers. We welcome your feedback, compliments and/or complaints about our performance.
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® Terms, conditions, fees and charges may be applicable. Bank@Post and its device mark are registered trademarks of the Australian Postal Corporation. All rights reserved.