If you’re not happy with your current bank or wish to divest from a bank that invests your money in fossil fuels, there’s no reason to delay.
Three simple steps is all it takes to switch all of your banking over from your current bank to Bank Australia.
1) Open a Bank Australia transaction account
For your everyday banking, we’d recommend our Everyday Access account. This account is fee-free as long as you meet certain criteria, otherwise the fee is $5 per month. The account offers telephone and internet banking, a smartphone app, Visa or rediCARD access, monthly eStatements for internet banking and credit card customers and quarterly paper statements for everyone else.
Plus, by banking with us, you’ll be supporting our business model – a 100% customer owned bank that keeps its jobs in Australia and has a commitment to not lend to the fossil fuel industry. You’ll be supporting projects that benefit the community through the Impact Fund and you’ll become a part owner of our Conservation Reserve with which we offset some of the impact of our lending.
2) Transfer your credits and debits
If you ask Bank Australia, we can help you to transfer your credits (such as your salary and other payments to you) and your debits (such as your mortgage or rent payments). Please complete this form and we can transfer these regular transactions to your new Bank Australia account.
3) Close your old account
Once you’re sure all of your direct debits and credits have been transferred over, contact your previous bank and close the old account.
Once you’re on board with Bank Australia, make sure you receive our updates and follow us on social media so you can find out all of the ways your everyday banking is helping people, planet and prosperity.