Everyday Transaction Account
A flexible daily account with contactless card, instant payments, and no minimum balance.
Rates and Fees
| Interest rate | 0.05% p.a. variable |
| Monthly account fee | $0 (waived permanently) |
| Domestic ATM withdrawals | $0 at partner network, $2 elsewhere |
| International transaction fee | 2.0% of transaction amount |
Features
- Instant payments, scheduled transfers, and direct debits.
- Real-time spend notifications and budgeting insights.
- Digital wallet support (Apple Pay, Google Pay).
- Card controls (freeze, set limits) in app.
- Overdraft available on application and approval.
Eligibility and Target Market
Designed for everyday banking needs of individuals 14+ years, including students and workers.
How interest is calculated
Interest is calculated daily on the closing balance and paid monthly.