Account fee
$0.00
Payment options
Interest rate
0.01% p.a.

Mozo editorial review RAMS Action Account - last updated: 9 March 2021

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What's hot
  • No account keeping fees
  • No minimum balance
What's not
  • 0.01% p.a. interest rate
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. 

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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 (although the ATM network in question may charge a fee). Plus $0 fees apply to overseas purchases. 

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


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Who is it 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.

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Any catches

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

Details

Rates and fees information correct as at 26 October 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.01% p.a.

n/a

n/a

Fees

$0.00

n/a

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

n/a

n/a

n/a

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

Payment options

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