RAMS Action Account

$0.00

Westpac, St George, Bank of Melbourne, BankSA

EFTPOS

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RAMS Action Account Review

Rates and fees information correct as at 21 August 2018.

Review published: 1 December 2014

What's hot:

  • No account keeping fees

  • No minimum balance

  • 2018 Mozo Experts Choice Award

What's not:

  • Account earns no interest

Mozo snapshot:

The RAMS Action account is a great everyday bank account, with combined Debit Card to have in your wallet whether you're shopping at home or overseas. With no ongoing account keeping fees, $0 overseas ATM withdrawal fees and a 0% foreign exchange fee, it's the type of account that lets you know you're in good hands. Plus it's a Mozo Experts Choice Award winner - taking out a 2018 Travel Money Award in the best Debit Card category. 

Key features:

The Rams Action account is fee free with no monthly account fees or minimum balance requirements. 

You can withdraw money for free from any Westpac, St.George, Bank of Melbourne or BankSA ATM Australia-wide. And regular travellers will be happy to hear that even when you're overseas, getting cash out from an ATM in a foreign currency is fee free and $0 fees apply to overseas purchases. 

There are also no minimum balance requirements and no daily ATM withdrawal limits. 


Who it's good for:

You'll need to be over 18 years to get the RAMS action account and an Australian resident for taxation purposes with an Australian residential address.

Any catches?

Like most everyday transaction accounts the bank account doesn't pay any interest so its best to keep most of your cash in a high interest savings account and transfer it across when needed. 

How are RAMS bank accounts rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
8.0

Based on 1
RAMS bank accounts reviews

9.0 4.0 8.0 8.0 9.0

Read RAMS bank account reviews by the Mozo community

Latest review of RAMS Action Account

RAMS

RAMS Action Account bank account review

Overall rating   9 / 10

Easy to use, simple

RAMS online saver was great. Simple, easy, no fees and user friendly online service. I couldn't ask for any more, apart from a higher interest rate!

Full review

RAMS online saver was great. Simple, easy, no fees and user friendly online service. I couldn't ask for any more, apart from a higher interest rate!

    Price   10 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   10 / 10

    Trust   8 / 10

Less

Tom (WA), reviewed about 5 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • Balances from $0: 0.01% p.a.

  • none

  • n/a

Fees

  • $0.00

  • none

  • Unlimited ATM withdrawals from Westpac Group ATMs, EFTPOS, BPay and internet transactions.

  • $0.00

  • Westpac, St George, Bank of Melbourne, BankSA

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • none

  • none

  • $0.00

Other financial bits

  • $0.00

  • $0.00

Features

  • $1,000.00

  • yes

  • no

  • no

  • no

  • no

  • yes

  • yes

  • none

  • none

Atm card

  • $0.00

  • $0.00

  • 0%

Debit card

  • none

  • none

  • none

About RAMS

RAMS home loans believe in the Australian dream of owning your own home and aim to make this dream come true. With their flexible options and innovative products, RAM home loans is making the dream a reality. RAMS home loans aim to provide home loan solutions to meet many different needs, including low deposit loans, no deposit loans, low doc loans, line of credit loans and low rate loans for members Australia wide.

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