Flexibility - that’s exactly what the Bank Australia Everyday Access account offers. Whether that’s the freedom to tap and go with a linked Visa Debit Card or to pay through the 2019 Mozo Experts Choice Award-winning Bank Australia app via either Apple Pay, Google Pay, PayID or Samsung Pay, Bank Australia provides plenty of options.
Plus, Bank Australia Everyday Access account-holders who deposit $2,000 into their account each month (a regular salary, for instance) will have the $5 monthly account fee waived.
Who likes paying fees? Nobody! Which is why Bank Australia give their Everyday Access account holders the chance to have the $5.00 monthly account fee waived when they deposit at least $2,000 into the account each month. Under the age of 25? Then the monthly account fee will be waived automatically.
Speaking of fees, customers can avoid ATM fees altogether with free withdrawals from Bank Australia ATMs as well as ATMs of all the major banks.
Being a transaction account, the Bank Australia Everyday Access account doesn't offer any interest gains, so it might be more rewarding to stash the bulk of your savings in an account like Bank Australia’s Bonus Saver account instead.
Where the Bank Australia Everyday Access account really shines is in its range of payment features. Aside from a regular linked Visa Debit Card or EFTPOS card, account-holders will also be able to make payments using Apple Pay, Google Pay, or Samsung Pay through the award-winning Bank Australia banking app, or make near-instant transfers with PayID.
Jetsetters will even be able to use the Everyday Access account while they’re overseas, though it’s worth noting that they may be hit with a 3.00% foreign exchange commission for purchases and a $3.50 fee for overseas ATM withdrawals.
The Bank Australia Everyday Access bank account might appeal to Aussies who love having a range of cutting edge payment methods at their disposal, not to mention, an award-winning banking app!
Before you sign up to the Bank Australia Everyday Access account, it may be worth weighing up whether you’ll be able to make a regular $2,000 monthly deposit into your account to avoid the $5 monthly account fee. Unless of course, you’re under the age of 25, in which case the monthly fee will be waived automatically!
Balances from $0: 0.00% p.a.
n/a
n/a
$5.00
$0 monthly account fee if you deposit min. $2,000 per month. Monthly account fee waived from 31 March 2020 through to 31 August 2020.
Unlimited transactions from phone, internet, network ATM, BPay, EFTPOS, Bank@Post and counter.
$0.00
rediATM
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.40
$3.50
3.00%
$0.00 monthly
$0.00
$0.00
$1,000.00
yes
no
yes
yes
yes
yes
yes
none
Optional roundup feature automatically rounds eligible purchases up to the nearest dollar and credits it to a nominated savings account, mortgage offset or credit card.
$3.50
$0.00
3.00%
$3.50
$0.00
3.00%
Apple Pay, Google Pay, PayID, Samsung Pay
Great app and online channels. Matches or betters all the products I used to have with a Big 4 bank, from mortgage to credit card to transaction account. Only one branch in Brisbane, but how often do you need one these days? Was easy to get to and very friendly when I did need the branch for some forex transactions. Love the ethics and sustainability strategy of this co-operative bank.
Read full reviewGreat app and online channels. Matches or betters all the products I used to have with a Big 4 bank, from mortgage to credit card to transaction account. Only one branch in Brisbane, but how often do you need one these days? Was easy to get to and very friendly when I did need the branch for some forex transactions. Love the ethics and sustainability strategy of this co-operative bank.
They are really good at everything and it is very easy to use.
Read full reviewThey are really good at everything and it is very easy to use.
A more ethical bank however the services are mostly online.
Read full reviewA more ethical bank however the services are mostly online.
I like this bank - it is not one of the big 4 and they don’t treat you like a number. They always bend over backwards to help you with any problems.
Read full reviewI like this bank - it is not one of the big 4 and they don’t treat you like a number. They always bend over backwards to help you with any problems.
I like Bank Australia because they are an ethical and sustainable bank. Bank Australia does not lend any money to the fossil fuel industry, the logging industry, the tobacco industry, the alcohol industry, live animal export or nuclear weapons industry. With something essential such as a bank account or a loan your decision can make a big impact on climate change. Bank Australia only lends money to sustainable and ethical companies. I love that I can call them up until 8pm if I have any questions. Bank Australia offers intuitive and safe Internet Banking just like other major banks. The only negative I found is the bank account fees. If you don't receive $2,000 per month into your bank account they charge an account fee of $5. If you earn more than $2,000 per month and make this your account into which your salary is paid, then there are no bank account fees. Also, as a customer of Bank Australia you become a part-owner in Bank Australia's 927 hectare Conservation Reserve. What a great bank to be a part of!
Read full reviewI like Bank Australia because they are an ethical and sustainable bank. Bank Australia does not lend any money to the fossil fuel industry, the logging industry, the tobacco industry, the alcohol industry, live animal export or nuclear weapons industry. With something essential such as a bank account or a loan your decision can make a big impact on climate change. Bank Australia only lends money to sustainable and ethical companies. I love that I can call them up until 8pm if I have any questions. Bank Australia offers intuitive and safe Internet Banking just like other major banks. The only negative I found is the bank account fees. If you don't receive $2,000 per month into your bank account they charge an account fee of $5. If you earn more than $2,000 per month and make this your account into which your salary is paid, then there are no bank account fees. Also, as a customer of Bank Australia you become a part-owner in Bank Australia's 927 hectare Conservation Reserve. What a great bank to be a part of!
Bank Australia is a customer owned bank. Formerly bankmecu, Bank Australia has over 130,000 customers which act as shareholders of the bank. It offers a full range of products including home loans, savings, credit cards and loan products, and because its shareholders are its customers, they benefit from lower rate and fees. Bank Australia also invests up to 4% of its profits in various community projects every year.
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Apple Pay, Google Pay, PayID, Samsung Pay
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Apple Pay, Google Pay, PayID, Samsung Pay
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NAB
Visa Debit or
EFTPOS