What type of saver are you? Bank accounts that might suit your personality type

Last year has been a bit of a bumpy ride, and economically we’re not out of the woods just yet. What you can do is make sure you’ve got the financial tools that are built for your lifestyle.

Love going on a trip? FX conversion and ATM fees can usually make your trip a big hassle. Thankfully some account providers (especially international ones) offer accounts that have no fees at all. 

ING Orange Everyday Account

• No international transaction fees if you deposit $1000 into the account within the first month and make at least 5 card purchases.
• $5 international or free domestic ATM withdrawal fees.
• No account fees.

HSBC Everyday Global Account

• Pay like a local at home and overseas with an option to keep up to 10 currencies in your account at a time.
• No overseas ATM fees in select locations.
• No international transaction fees.

Want to get rewarded for spending? Some account providers offer cashback and point rewards for eligible purchases. So, if you’re a big shopper, these accounts might be of interest.

NAB Classic Banking Account (with Platinum Visa Debit Card)

• 1% cashback on contactless payments up to $10/month.

Bankwest Qantas Transaction Account

• Earn 3 Qantas Points per eligible purchase and 0.3 Qantas Points per $100 on your account balance each day, up to $50,000.
• Monthly maintenance fee of $6 (waived when a minimum of $2,000 is deposited per month).

*HSBC Everyday Global Account

• A 2.00% cashback up to $50 per month on tap and pay eligible purchases under $100 available with deposits of $2,000 each month. 
• $0 HSBC fee to send money overseas.

*See the above section or HSBC review page for more information

Looking to take advantage of high interest rates? The determined saver is always looking for the best savings account on the block. Below are some of the highest rate bank accounts currently listed in our comparison database. 

MOVE Bank Growth Saver | 5.70% p.a.

• Highest rate Bonus rate savings account for accounts up to $250,000
• If conditions are not met, then a base rate of 0.10% p.a. applies. 
• Requires a minimum monthly deposit of $200 with no withdrawals

Macquarie Transaction Account | 4.75% p.a.

• Highest rate transaction account with no age restrictions for balances up to $1 million 
• Unlimited free transactions from ATMs, phone, internet, BPAY and direct debits
• Domestic ATM withdrawals carry a $2,000 daily limit. 

Rabobank Rabobank High Interest Savings Account| 5.75% p.a.

• Highest rate introductory rate for balances up to $250,000
• 5.75% p.a. rate for the first 4 months
• Ongoing rate of 4.40% p.a.

We all know that recycling, reusing and sourcing locally are great ways of being environmentally friendly, but have you ever considered how ethical your bank might be? 

Financial institutions have to make a profit, but what they do with this profit and whether it has a positive environmental impact is something to consider when choosing a bank account. Does your provider tick any ethical boxes?

Teachers Mutual Bank Everyday Direct Account

• Committed to not using customer funds to invest in greenhouse polluting activities, Teachers Mutual Bank is also a certified B corporation, so you know there’s no greenwashing going on. 
• Get fast access to your money through the advanced internet banking and mobile app.
• No monthly account fee or electronic fees
• Unlimited free transactions from network ATMs.

Bank Australia Everyday Access Account

• Bank Australia focuses on ethical and sustainable banking with commitments to make no advances to the fossil fuel industry, and direct 4% of their after-tax profits to projects that help people and the environment.
• No monthly account fee if you deposit $2000 into the account each month. Monthly fee is waived for under 25s.
• Unlimited transfers between your Bank Australia accounts.

With uni season right around the corner, take charge of your bank account and start living the student life. As a student you’re exposed to a range of discounts and extras that makes studying that little bit easier, so shouldn’t the same go for your bank account?

UniBank Everyday Direct Account

• Only open for full time university students  aged 17 years and over.
• No monthly account keeping fee for students.
• Play with your funds online with 24/7 access via the internet, mobile app and phone banking.
• $0 minimum balance or opening amount. 

Bendigo Bank Student Account

• No monthly service fee.
• Access to ATMs and branches across Australia.
• Easy access to your account balance with e-banking and phone banking available anywhere and anytime.

Most banking providers have apps that allow you to transfer money between accounts and manage your day to day finances and bill payments, but some have taken it a step further with spend tracker features.

Commonwealth Bank Smart Access - Spend Tracker

• Spend Tracker allows you to see exactly what you’re spending your money on. Categories your transactions to show you what you spend your money on most, and see the impact your spending decisions have on your daily finances.
• $0 monthly account fee if you deposit min. $2,000 per month or are under 30
• Get cash out at an ATM with or without your card using the Cardless Cash feature.

NAB Classic Banking Account - Money Tracker

• The Money Tracker feature shows a visual representation of your spending behaviour. Set up a budget or savings goal to track your income and expenses.
• No monthly fees and no minimum monthly deposits
• No ATM withdrawal fees from any NAB ATM.

Want to see other options available? We compare over 100 bank accounts so check out our bank account search tool or head to our main bank account comparison hub to read our helpful guides or tips.