If you love the convenience of everyday banking with your smartphone, then look no further than the Pay Account from Australian neobank 84 600. With this transaction account, you’ll be able to transfer money and make regular purchases with either a linked 86 400 Visa Debit Card or a digital wallet, including Apple Pay, Google Pay, PayID, Samsung Pay, Fitbit Pay.
What’s more, the 86 400 Pay Account doesn’t charge you any ongoing monthly fees to keep it open, which is just one more reason why it took out a Mozo Experts Choice Award for being an Exceptional Everyday Account.
Starting with everyday transaction account basics, the 86 400 Pay Account has no minimum opening deposits or minimum balance requirements – and you won’t have to worry about any ongoing monthly service fees.
Because the 86 400 Pay Account is completely app-based and accessible only through an iOS or Android app, it doesn't offer any branch access, so it will suit users who prefer to do their banking on their smartphone rather than through a traditional brick and mortar bank.
With the 86 400 Pay Account, you won’t even need to bring your physical debit card with you while you shop. That’s because the account lets you pay with your smartphone after you link it to any of the following digital wallets: Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay.
The account is also compatible with PayID, which means you’ll be able to transfer money almost instantly to friends and family with other eligible accounts.
If you’re in need of physical cash, the 86 400 Pay Account lets users withdraw a maximum $2,000 a day from the ATM, though ATM operator fees may apply.
The 86 400 card could also be a handy travel companion, as it gives you access to international ATMs at no extra cost (ATM provider fees may apply though) and you'll be able to make international transactions – whether that's on holiday overseas or during an online shopping spree – without a fee!
The 86 400 Pay Account is a good choice for tech-savvy Aussies who want to bank and make transactions with their smartphone and digital wallets, without having to worry about any pesky monthly service fees.
Just bear in mind that you might be charged an ATM fee with your 86 400 debit card unless you withdraw money at a major bank (ANZ, Commbank, NAB, Westpac) ATM.
The 86 400 Pay Account also has a $2,000 ATM daily withdrawal limit, so you’ll need to plan in advance if you’re going to make any big purchases.
| Balances from $0: 0.00% p.a. | |
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| $0.00 | |
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| Unlimited eftpos, debit, ATM, and banking app transactions using the 86400 iOS or Android app. | |
| $0.00 | |
| none | |
| $0.00 | |
| n/a | |
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| $0.00 | |
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| $0.00 | |
| 0% | |
| $0.00 monthly |
| $0.00 | |
| $0.00 |
| $2,000.00 | |
| no | |
| no | |
| yes | |
| no | |
| no | |
| no | |
| no | |
| Bank and saving account only accessible through iOS or Android app. | |
| none |
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| none | |
| none | |
| none |
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| $0.00 | |
| $0.00 | |
| 0% |
Apple Pay, Google Pay, PayID, Samsung Pay, Fitbit Pay, Garmin Pay
It’s very disappointing to confirmation of account details from a bank you have never spoken to. I called at 11.07 am today 20/8/2021 was on hold for 28 mins to find out someone was applying for a loan in my account. They asked me for my number in case they lost the call, I gave it to them and got no call back. I call back and 29 mins later I get through. Speak to a guy who knows how to aggravate someone by not answering questions when asked. In total I have spent 1 hour and 20 mins to be rudely hung up on because someone is fraudulently using my name to get a loan from the bank. If someone doesn’t return my call by 5 pm today 20/8/21.
Read full reviewIt’s very disappointing to confirmation of account details from a bank you have never spoken to. I called at 11.07 am today 20/8/2021 was on hold for 28 mins to find out someone was applying for a loan in my account. They asked me for my number in case they lost the call, I gave it to them and got no call back. I call back and 29 mins later I get through. Speak to a guy who knows how to aggravate someone by not answering questions when asked. In total I have spent 1 hour and 20 mins to be rudely hung up on because someone is fraudulently using my name to get a loan from the bank. If someone doesn’t return my call by 5 pm today 20/8/21.
86400 is a great online bank. My only complaint is when you need customer service In Perth l and the call centre in Sydney is closed.
Read full review86400 is a great online bank. My only complaint is when you need customer service In Perth l and the call centre in Sydney is closed.
Using 86 400 was an experiment for me as I had never used a neobank. The user interface was a bit confusing to start with but I started to get the hang of it. The interest rate of 1.2% at the time of writing this is the best in the market and the use of OSKO for real time transfer is amazing. There were limits to the amount of money I could pay out of the account which was annoying but I think they increased the limits by a bit. One other con of 86 400 is they only allow you to earn the 1.2% up to $50K per account (max of 3 accounts) which is annoying and probably done to inflate their numbers of new accounts IMO. Other than that, it's been great to use and better than Up and Volt.
Read full reviewUsing 86 400 was an experiment for me as I had never used a neobank. The user interface was a bit confusing to start with but I started to get the hang of it. The interest rate of 1.2% at the time of writing this is the best in the market and the use of OSKO for real time transfer is amazing. There were limits to the amount of money I could pay out of the account which was annoying but I think they increased the limits by a bit. One other con of 86 400 is they only allow you to earn the 1.2% up to $50K per account (max of 3 accounts) which is annoying and probably done to inflate their numbers of new accounts IMO. Other than that, it's been great to use and better than Up and Volt.
The app is easy to use and I can view all my bank accounts from the one app. It offers instant payment and very easy to navigate. I would recommend this to anyone with a smart phone.
Read full reviewThe app is easy to use and I can view all my bank accounts from the one app. It offers instant payment and very easy to navigate. I would recommend this to anyone with a smart phone.
This bank has a user friendly app and customer service is quite possibly the best I've encountered ever. My only issues are that the call centre is only open during business hours Monday to Friday and there are no physical branches. Other than that, A1 for service.
Read full reviewThis bank has a user friendly app and customer service is quite possibly the best I've encountered ever. My only issues are that the call centre is only open during business hours Monday to Friday and there are no physical branches. Other than that, A1 for service.
Great Southern Bank
Everyday Snap Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0% p.a.
Great Southern Bank
Everyday Youth Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0% p.a.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
