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Scam alert: NEVER share your one-time password (OTP) with anyone, even if they claim to work for Bank Australia. Read more on how to protect yourself.

2023-12-22 2:05 pm
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Alert: We are experiencing intermittent issues affecting app card management, Osko payments and PayID features such updating account details. Learn more.

2023-06-23 12:09 pm

Everyday Access

The full-featured transaction account — with no monthly account fees.

Existing customer? Login to internet banking

Two Bank Australia customers talking to each other

Simple and great value

Tap, transfer or pay online: make your everyday transactions without paying any monthly account fees.

Finder Green Bank of the year 2024

What you get

StarStarStarStarStar
"Extremely Helpful and Efficient. Went in to set up my bank account and it was pretty much sorted in record time! Highly recommend."
Review by Monica A.

Digital wallet

When you open an everyday transaction account and order a card, you can use digital wallet straight away for purchases on your mobile device.

Instant, easy payments

Move money and pay people instantly with Osko. And use PayID to pay and be paid the simple way.

Low-cost international transfers

Move money across borders quickly, easily and securely. It’s all done through the app and internet banking. Learn more about low-cost international transfers.

Joint accounts

Open an account with another person. Joint transaction accounts are available with any of our everyday or savings accounts.

Visa Debit card

Our Visa Debit card is accepted worldwide and comes with 24/7 fraud monitoring.

Fee-free ATMs

Withdraw cash fee-free at Bank Australia ATMs and those of all the major banks – all around Australia.

Round up

Grow your savings with small change. Eligible purchases on your Visa Debit card are rounded up to the nearest dollar.

Security

Know your money is safe with card controls, security alerts and more.

Rates, fees, terms and conditions

Eligibility criteria

People aged 13+
Aged under 13? Read about in our in trust account

People living in Australia as a permanent resident or with a relevant work visa

Single and joint account holders

Current rates

Effective 1 October 2024
Balance
Interest (p.a.)
Any balance
0.00%

Fees and charges

Monthly account fee
$0
Exceeding available funds fee
$10 plus Debit interest charge rate
Debit interest charge rate
12.39%
Domestic (“press credit”) cash withdrawal fee
$3.50
Visa foreign cash withdrawal fee
$3.50 plus the International transaction fee
International transaction fee
3% of the transaction value
Staff assisted withdrawal fee
$0

For all fees and charges please refer to Deposit fees, charges and transaction limits

General advice

Information provided is of a general nature only. 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 consult the Product Disclosure Documents below and Target Market Determination before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable as outlined below.

Product disclosure documents

Things to consider

  • There is currently no interest earned on this account

Why us?

What if the money in your bank account helped other people and the planet? When you bank with us, it does.

Rest assured that your money is not supporting industries that do harm, like fossil fuels or animal exports.

Manage your money 24/7 with our app and internet banking, plus fee-free ATMs.

Join online now

  • Have your smartphone and your Australian driver's licence or Australian passport handy when you apply.

    You will need to be 18+ to join online. If you are under 18 please contact us to open an account.

  • Complete your online ID verification and account application

  • Start using your new account

Join an ethical bank

Get started in less than 5 minutes – all you need is your smartphone and your Australian driver’s licence or Australian passport.

Open now

Everyday account support

Need support with banking?
Head to our help section for more information.