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Customer alert update: Due to a technical issue monthly interest payments have not been paid to Bonus Saver and mySaver accounts. The problem has been identified and the bonus interest payments issue will be resolved overnight (1 June 2020). We will pay bonus interest at the previous interest rates (1.34%p.a. for Bonus Saver or 1.54% for mySaver + 0.01%p.a. base rate) effective to 31 May 2020 to all eligible account holders. The new interest rates announced on 28 May 2020 will now apply from 1 June 2020. The interest payment for May will now appear on your June statement, and in Internet Banking and the App. Again, we are very sorry for the delay in paying your interest and any inconvenience caused. View details

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Align your banking with your values 

Do you make choices to create positive change, like switching to clean energy, buying organic food or reducing plastic waste?

Did you know your choice of bank can have a huge impact on the world? 

This is because the money you put in your account is used by banks to make loans and investments. The types of loans banks make can go to industries that do good or those that do harm. So where your money goes ultimately shapes the world we all live in.

What we don't invest in 

At Bank Australia we say our money is clean because it is never loaned to those industries that do harm.

We don't lend to these industries:
 

 > Fossil Fuels 
 > Live animal export
 > Gambling
 > Arms industry
 > Tobacco

What we do invest in 

We also use money to help create positive impact for people, their communities and the planet.

We do this by lending money to:

 > Individual customers 
 > Housing for people with disability
 > Better housing developments
 > Renewable energy projects
 > Not-for-profit organisations

Do you
know 
what
your bank 
does with 
your money?

 

Ask your bank or go discover for yourself. There are many independent not-for-profit organisations that track who banks lend their money to. 

Okay I'm in, how do I join? 

Join over 140,000 Australians whose money is making a positive difference to the lives of people and the planet. It only takes five minutes to join us, all you need is your drivers licence or passport, and a Medicare card. 

Join now

The fine print

General advice warning
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 before making a decision to apply for products with Bank Australia.

How to bank fee free

The Everyday Access monthly account fee^ is waived if one of these applies;

  • You're under 25 years of age
  • You add $2000 or more in external deposits to your Everyday Access account each month (like your salary)
  • You support the bank with combined loans, savings and investments over $50,000
  • You receive government benefits such as a pension - Find out more

^As part of our COVID-19 response package, from 31 March 2020 through to 31 August 2020, we are waiving the monthly account fee.

If you don't qualify for fee free banking, the monthly fee^ on your Everyday Access account is $5 for unlimited transactions.