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Rates and fees
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Everyday account rates and fees

Our transaction accounts are mostly without fees, with some exceptions and waivers. Includes personal, pension and business customers.

SavingsTransactionsTerm deposits

What's on this page

What's on this page

Basic Access

Effective 1 June 2024
Balance
Interest (p.a.)
Any balance
0.00%

Fees and charges

Monthly account fee
$0
Exceeding available funds fee
$0
Domestic (“press credit”) cash withdrawal fee
$0
Visa foreign cash withdrawal fee
$0
International transaction fee
3% of the transaction value
Staff assisted withdrawal fee
$0

Everyday Access

Effective 1 June 2024
Balance
Interest (p.a.)
$0-$4,999
0.00
%
$5,000-$9,999
0.05
%
$10,000-$19,999
0.05
%
$20,000-$49,999
0.05
%
$50,000-$99,999
0.10
%
$100,000+
0.10
%

Interest rate is variable and is calculated daily on whole of balance and credited quarterly.

Fees and charges

Monthly account fee
$0
All standard fees

Commercial Access

Effective 1 June 2024
Balance
Interest (p.a.)
$0-$4,999
0.00
%
$5,000-$9,999
0.05
%
$10,000-$19,999
0.05
%
$20,000-$49,999
0.05
%
$50,000-$99,999
0.10
%
$100,000+
0.10
%

Interest rate is variable and is calculated daily on whole of balance and credited quarterly.

Fees and charges

The $8 account monthly fee will be waived for:

Monthly account fee
$8 (unless waived as listed above)
All standard fees

Community Access

Effective 1 June 2024
Balance
Interest (p.a.)
$0-$4,999.99
0.00
%
$5,000-$149,999.99
1.00
%
$150,000-$499,999.99
1.00
%
$500,000+
1.00
%

Interest rate is variable and is calculated daily on whole of balance and credited monthly.

Fees and charges

Monthly account fee
$0
All standard fees

Pension Access

Effective 1 June 2024
Balance
Interest (p.a.)
$0 - $4,999.99
0.60
%
$5,000 - $50,000
1.65
%
$50,001+
1.90
%

Interest rate is variable, calculated daily on whole of balance within each interest tier and credited quarterly.

Fees and charges

Monthly account fee
$0
All standard fees

General fees and charges

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

Important information

General advice

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 and Target Market Determination before making a decision to apply for products with Bank Australia.

Terms, conditions, fees and charges may be applicable as outlined below.

Product disclosure documents

Account Access facility conditions of use

Deposit fees, charges and transaction limits

Summary of accounts

Everyday accounts Target Market Determination