Interest rate announcement - 12 August 2022. Bank Australia will increase variable home loan and commercial variable rates in response the RBA’s recent decision to raise the official cash rate. From 18 August 2022, interest rates will increase by 0.50% for variable rate owner-occupier and investor loans, while commercial variable rate loans will also increase by 0.50%. For existing home loan customers, repayment changes will be effective from 1 October 2022. Read more here.
While it’s life admin when switching your banking and direct debits, it’s worth it to know your money is doing good, not harm, for people and the planet.
We invest in industries that do good, not harm. No fossil fuels, weapons, tobacco or gambling.
Rest assured that your money is not supporting industries that do harm, like fossil fuels or animal exports.
Manage your money 24/7 with our app and internet banking, plus over 10,000 free ATMs.
Open an Everyday Access account online. It’ll take you 5 minutes. If you want a savings account, open one of those too.
Download the Bank Australia App from the App Store or Google Play. Once you’re in, set up your Round UP, card controls and change your PIN.
Jump into your old bank’s app and transfer your money over, both your every transaction account and your savings.
Email HR, fill in the form, text your boss – however your work manages personal details, update yours to make sure your pay finds you.
Send us this switch regular payments form and we can transfer direct credits and debits to your new Bank Australia account. (We can’t move recurring payments or credit card payments.)
Streaming services, online shopping
Memberships e.g. gym, news sites
Your bills and payments e.g. paypal
Government services e.g. Medicare, ATO
Contact your old bank and close those accounts. Also ask your bank to provide a list of all your direct debits and recurring payments from the last 13 months.
Text your friends and family your new BSB (313 140) and account number. When your card arrives, set up Apple/Samsung Pay on your phone.
At Bank Australia we respectfully acknowledge the Traditional Custodians of all the lands on which we work and pay our respects to the elders past present and emerging. Our head office is located on the land of the Wurundjeri people of the Kulin nation. We recognise their continued connection to the land, waters and culture and we acknowledge their sovereignty has never been ceded. We acknowledge the constant resistance and resilience of First Nations people in their fight for self-determination.
We support the Uluru Statement from the Heart to achieve justice, recognition and respect for First Nations people and a referendum to enshrine a First Nations Voice in the Constitution. We see reconciliation as a fundamental responsibility for Bank Australia and we are committed to advancing reconciliation with Australia’s First Peoples.
