1 July 2025: updates to privacy and credit reporting policy - We have updated our privacy and credit reporting policy, effective 1 July 2025. Learn more.
2 July 2025 – Qantas cyber incident. We are aware of a cyber incident at Qantas that has resulted in the release of some Qantas customers’ personal information. Learn more.
Earn up to
The no-monthly-fee transaction account for organisations who do good for the world.
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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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Help your funds grow with a competitive interest rate on balances of $5,000 or more, plus no monthly fees.
Your funds are available ‘at call’, which means you can withdraw money from your account as soon as it has been deposited.
Our Visa Debit card is accepted worldwide and comes with 24/7 fraud monitoring.
Know your money is safe with 24/7 fraud monitoring, card controls, security alerts and more.
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.
Move money across borders quickly, easily and securely. It’s all done through the app and internet banking.
Balance | Interest (p.a.) |
|---|---|
$0-$4,999.99 | 0.00 % |
$5,000-$149,999.99 | 0.60 % |
$150,000-$499,999.99 | 0.60 % |
$500,000+ | 0.60 % |
Interest rate is variable and is calculated daily on whole of balance and credited monthly.
People aged 18+
People living in Australia as a permanent resident or with a relevant work visa
Be a school or not for profit organisation
Monthly account fee | $0 |
|---|---|
Dishonour fee | $0 |
Exceeding available funds fee | $0 plus Debit interest charge rate |
Debit interest charge rate | 12.39% |
Visa foreign cash withdrawal fee | $0 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.
“We have a wide range of members from across the country who support this growing network of cooperatives … It’s why we’re a Bank Australia customer. These kinds of democratic enterprises – like credit unions and customer-owned banks – are essential for us to build a more just and sustainable economy."
