Australian Mutual Bank
Everyday Direct Account
Your everyday transaction account with VISA Debit access.
Savings & transaction accountsBank updated 16 Sept 2026
At a glance
- Base rate
- 0.00%
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableThe overdraft (RediCredit) interest rate that applies to any overdrawn amounts. | — | — | — | 12.64% | — | — |
| Variable | — | — | up to $10,000 | 0.00% | — | paid every 1 mo |
| Variable | — | — | $10,000–$20,000 | 0.00% | — | paid every 1 mo |
| Variable | — | — | $20,000–$50,000 | 0.00% | — | paid every 1 mo |
| Variable | — | — | $50,000+ | 0.00% | — | paid every 1 mo |
§ 02 — Fees · 6
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| CASH_ADVANCES_FEE | Cash advance | $4 | — | Visa Debit and Visa Credit card cash advances at other financial institutions in Australia and overseas. Individual bank branches may not offer this service and may charge additional fees (at cost). |
| OTHER_SERVICE_RELATED_FEES_AND_CHARGES | Event | No fee | — | Other service related fees and charges may apply depending on the services you use in relation to your account. See our Fees and Charges brochure for full details. |
| TELE_TRANSFER | Event | $13 | — | Tele transfer within Australia to an account at another financial institution. |
| EDVEST_MEMBERSHIP | Periodic | $30 | Every 1 yr | An annual charge debited from the Everyday Direct account on each Edvest membership in January and on a pro-rata basis for new Edvest members. |
| ATM_WITHDRAWALS_OVERSEAS | Transaction | $4 | — | — |
| INTERNATIONAL_CONVERSION_FEE | Transaction | 2.90% of transaction | — | 2.90% of transaction value in $AUD collected by Cuscal Limited - 0.90% paid to Us; 1.00% retained by Cuscal; 1.00% paid to Visa International. Payable when you transact in a foreign currency using yo… |
§ 03 — Features
PayIDDigital bankingUnlimited transactionsApple PayGoogle PaySamsung Pay
- · Our sweep service automatically transfers funds from certain savings accounts to cover most transactions which would otherwise exceed your transaction account's available balance.
- · Make deposits and withdrawals through a Bank@Post facility at Australia Post outlets. For full details refer to our Conditions of Use. Fees and charges apply.
§ 04 — Eligibility & limits
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · You must be a member.
§ 05 — Compare
§ 06 — Run the numbers
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Published by Australian Mutual Bank LTD under the Consumer Data Right, last changed by them on 16 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.