Variable loan interest rate decrease: Bank Australia will decrease variable home loan and commercial rates in response the RBA’s recent decision to cut the official cash rate. Learn more.
Alert: scammers impersonating Bank Australia staff - Scammers are posing as Bank Australia via phone, attempting to gain information from customers to access their accounts or internet banking. Learn more
Bank Australia’s business transaction account for companies, SMEs, sole traders and more.
What if the money in your bank account helped other people and the planet? When you bank with us, it does.
Rest assured that your money is not supporting industries that do harm, like fossil fuels or animal exports.
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Manage your money 24/7 with internet banking and app, with your funds available whenever you need them.
Your funds are available ‘at call’, which means you can withdraw money from your account as soon as it has been deposited.
Your Visa Debit card is accepted worldwide and comes with 24/7 fraud monitoring.
Move money and pay people instantly with Osko. And use PayID to pay and be paid the simple way.
Withdraw cash fee-free at Bank Australia ATMs and those of all the major banks – all around Australia.
Make international transfers fast, easily and securely. It’s all done through the app and internet banking.
Know your money is safe with 24/7 fraud monitoring, card controls, security alerts and more.
Balance | Interest (p.a.) |
|---|---|
Any balance | 0.00% |
People aged 18+
People living in Australia as a permanent resident or with a relevant work visa
Be a sole trader, in a partnership, a Pty Ltd or public company, or in an association
We’ll waive the $8 monthly account fees if you:
Monthly account fee | $8 (unless waived as listed above) |
|---|
Exceeding available funds fee | $10 plus Debit interest charge rate |
|---|
Debit interest charge rate | 12.39% |
|---|
Domestic (“press credit”) cash withdrawal fee | $3.50 |
|---|
Visa foreign cash withdrawal fee | $3.50 plus the International transaction fee |
|---|
International transaction fee | 3% of the transaction value |
|---|
Staff assisted withdrawal fee | $0 |
|---|
For all fees and charges please refer to Deposit fees, charges and transaction limits
Information provided is of a general nature only. In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents below before making a decision to apply for products with Bank Australia.
Terms, conditions, fees and charges may be applicable as outlined below.
“[Bank Australia] complements our ethics and ethos really nicely. We put the environment at the forefront of everything we do at Sunbutter, so it made sense to switch our banking to Bank Australia"
