Bank Australia
Community Access
The no-monthly-fee transaction account for organisations who do good for the world
Savings & transaction accountsBank updated 3 July 2026
At a glance
- Base rate
- 0.00%
- Monthly fee
- $0
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInterest rate is variable and is calculated daily on whole of balance and credited monthly. | — | — | up to $5,000 | 0.00% | — | paid every 1 mo |
| VariableInterest rate is variable and is calculated daily on whole of balance and credited monthly. | — | — | $150,000–$500,000 | 1.25% | — | paid every 1 mo |
| VariableInterest rate is variable and is calculated daily on whole of balance and credited monthly. | — | — | $5,000–$150,000 | 1.25% | — | paid every 1 mo |
| VariableInterest rate is variable and is calculated daily on whole of balance and credited monthly. | — | — | $500,000+ | 1.25% | — | paid every 1 mo |
§ 02 — Fees · 19
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Inwards Payment fee | Deposit | No fee | — | International money transfer from overseas (other fees may be charged by participating banks involved in the transaction or settlement). The cost is per transaction. |
| Dishonour Fee | Dishonour | No fee | — | A fee charged where a debit presented to us is dishonoured because there aren't enough available funds in your account. |
| Certificates supplied by the bank | Event | $5 | — | A fee for comprehensive certificates supplied for audit. The cost is $5 per page and $25 per hour. |
| Company/business name searches | Event | $40 | — | When we conduct a search of the ASIC register to obtain information about the ownership of a company in administration of an account. The cost is per search. |
| Debit interest charge rate | Event | 12.39% of transaction | — | Additional interest charged on overdrawn account. |
| Duplicate statement fee | Event | $5 | — | $5 per statement (for period more than 3 months before request). A fee that may be charged if you order a copy of a statement that has already been issued on your account. This fee per statement and… |
| Exceeding available funds fee | Event | No fee | — | A fee charged when you exceed the actual balance or authorised limit of your savings account, transaction account, or overdraft facility greater than $100 payable on the day the event occurs or next… |
| Security token fee | Event | $50 | — | When you request that we provide you with a physical Token to provide an additional layer of security when you engage in transactions that carry a higher risk. We do not charge for the virtual token. |
| SMS alert fee | Event | $0.25 | — | This fee is charged when you elect to receive notifications about your account via SMS messages to a mobile telephone number you have given us for contacting you. The cost is per SMS. |
| Staff assisted withdrawal fee | Event | No fee | — | A fee charged for taking money out of your account with the assistance of a staff member, charged on the day the service is provided. |
| Online international payment in foreign currency | Payment | $10 | — | This fee is charged when you make an International Payment in foreign currency on-line via Internet banking or Bank Australia app. The cost is per transfer. |
| Staff assisted international payment in AUD | Payment | $30 | — | This fee is charged when you make an International Payment in AUD via a Branch or the Contact Centre. The cost is per transfer. |
| Dormancy Fee | Periodic | $10 | Every 1 yr | Administration fee where account has been transferred to dormancy status. |
| Monthly Fee | Periodic | No fee | Every 1 mo | A flat fee payable on the last day of each month. |
| International transaction fee (ITF) | Transaction | 3.00% of transaction | — | When you undertake an International transaction on a Bank Australia Visa Debit Card you will be charged the fee. An International transaction is any purchase, withdrawal or credit in a currency other… |
| Same day funds transfers within Australia fee (RTGS) | Transaction | $20 | — | This fee is for a Real Time Gross Settlement (RTGS) payment which refers to the process of transferring money from one bank to another in Australia on a real time and gross basis. The cost is per tra… |
| Staff assisted international payment in foreign currency | Transaction | $30 | — | This fee is charged when you make an International Payment in foreign currency via a Branch or the Contact Centre. The cost is per transfer. |
| Domestic ("press credit") cash withdrawal fee | Withdrawal | No fee | — | A fee that applies to any cash withdrawal transaction within Australia made using the "credit" option on a Bank Australia Visa Debit card. |
| Visa foreign cash withdrawal fee | Withdrawal | No fee | — | A fee that applies to any cash withdrawal transaction made with your Bank Australia Visa Debit Card outside Australia. |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsGoogle, Samsung and Apple Pay available
- · PayTo Payments: You can make recurring and one-off payments with any participating PayTo merchant, business or service provider and keep track of all the payments in the Bank Australia app or Interne…
- · Bank@Post: Customers with a Bank Australia Visa debit card can make cash deposits up to $9,999.95 per day.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: AU
- · Available to businesses
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Bank Australia under the Consumer Data Right, last changed by them on 3 July 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.