The MyState Bank Everyday Account has a number of features that make banking in the modern world even easier, including things like, access to Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay, 24/7 online access to your account and money transfers in less than 60 seconds with PayID. Plus if you’re under 23 years old, or depositing at least $2,000 into the account each month, there are no account fees to worry about.
If you don't want to pay the $6 monthly account fee with the Everyday Account from MyState Bank, you'll need to deposit at least $2,000 a month or be under 23 years of age. This is easy to do if you set up a direct salary deposit from your employer.
The account also has great accessibility at ATMs; if you link your phone up to either Samsung, Apple or Google Pay, you can use your phone for in store purchases or to get cash out of ATMs. And whether you’re using your phone or your card, almost every ATM in Australia will be fee free to use.
MyState Bank also allows you to sign up for PayID, which means transferring money to a mate or family member will happen in a flash, taking less than 60 seconds and only requires their email or phone number.
If you travel internationally, there are no overseas ATM fees with the card but you will pay a 2% foreign exchange margin. There is an optional Visa debit card option with this account but if you use this overseas you'll pay a $5 overseas ATM fee and the foreign exchange margin is 3% for international transactions.
The MyState Bank Everyday Account is best for someone who is able to avoid the monthly fee, either by being under 23 years old, or by depositing at least $2,000 into the account each month.
If you sign up for the account, then turn 23 years old, be aware that you’ll no longer avoid the $6 account fee by default.
And if you’ve got plans to spend up big, keep an eye on the $1,000 daily ATM withdrawal limit.
Balances from $0: 0.00% p.a.
n/a
n/a
$6.00
$0 monthly account fee if you deposit min. $2,000 per month or are under 23 years.
Unlimited free transactions from network ATM, EFTPOS, cheque, counter deposits and withdrawals, phone and internet
$0.00
MyState
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
n/a
$5.00
3.00%
$0.00
$1.00
$1.00
$1,000.00
yes
no
yes
yes
no
yes
yes
none
none
$0.00
$0.00
2.00%
$5.00
$0.00
3.00%
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
MyState Bank staff are very courteous and helpful. Twice they have taken the initiative and stopped payment on scams of up to $3,000. Looking after me and my account makes me feel secure and I would recommend them to anyone who wants to know they and their money will be secure. I have had no problems with this bank.
Read full reviewMyState Bank staff are very courteous and helpful. Twice they have taken the initiative and stopped payment on scams of up to $3,000. Looking after me and my account makes me feel secure and I would recommend them to anyone who wants to know they and their money will be secure. I have had no problems with this bank.
My little family and i adore our lovely Mystate assistants. They are always polite, friendly and fast. Very frendly with my daughters. My youngest is wheelchair bound and everytime she comes to a branch with me she is welcomed with stickers, stamps ect, the happy smiles makes banking a different experience. I have always and will always bank with Mystate. I have never had any problems and they always make sure myself and my children are completely happy with our visits.
Read full reviewMy little family and i adore our lovely Mystate assistants. They are always polite, friendly and fast. Very frendly with my daughters. My youngest is wheelchair bound and everytime she comes to a branch with me she is welcomed with stickers, stamps ect, the happy smiles makes banking a different experience. I have always and will always bank with Mystate. I have never had any problems and they always make sure myself and my children are completely happy with our visits.
Had to close accounts as I still like face to face customer services.
Read full reviewHad to close accounts as I still like face to face customer services.
I like the fact that there is a local bank where I can go to speak in person to the staff. The phone staff are always helpful when called. I dislike that the home loans were not competitive and switched/refinanced home loan with another bank.
Read full reviewI like the fact that there is a local bank where I can go to speak in person to the staff. The phone staff are always helpful when called. I dislike that the home loans were not competitive and switched/refinanced home loan with another bank.
They still operate as a local bank and the staff do all they can to help.
Read full reviewThey still operate as a local bank and the staff do all they can to help.
MyState Bank is an Authorised Deposit-taking Institution and a national diversified financial services group headquartered in Tasmania. MyState Bank has strong roots in the Tasmanian community, offering lending, savings accounts, financial planning and insurance.
MyState Bank
Glide Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
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.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
NAB
Visa Debit or
EFTPOS
