The Finance Algorithm
BNK Bank (Goldfields Money/BCHL) logoBNK Bank (Goldfields Money/BCHL)

Goldfields Essential Account

An everyday transaction account for savvy savers.

Savings & transaction accountsBank updated 20 Apr 2026

At a glance

Base rate
0.00%

Rates

The one rate BNK Bank (Goldfields Money/BCHL) publishes for this account.

TypeApplies toTermBandRateComparisonConditions
VariableThe interest rate applied to Essential and Team zone Accounts---0.00%-paid every 1 mo; The interest rate applied to existing transaction and team zone customer accounts; The interest rate applied to new transaction Accounts only

Fees

9 fees published, grouped by when they're charged.

When you make a transaction5

  • Direct Debit Facility Dishonour
    $25
  • Payment Honour
    $20
  • RTGS/IPEX (incoming)
    $10
  • RTGS/IPEX (outgoing)
    $35
  • Overseas VISA debit card ATM withdrawal
    $5

When particular things happen4

  • Direct Debit Double Handling Fee
    $5
  • Formal Overdraft Product Fee (Quarterly)
    $27.50
  • Payment Dishonour
    $25
  • VISA or EFT Chargeback Request
    $25

Features

Digital bankingUnlimited transactionsApple PayGoogle Pay
  • ATM withdrawals - There is an ATM daily limit of $1,000

Eligibility and limits

  • Minimum age 18
  • Residency: An Australian citizen, permanent resident or Australian resident for tax purposes
  • Available to individuals
  • Have access to an electronic device with a working internet connection

Published by BNK Bank (Goldfields Money/BCHL) under the Consumer Data Right, last changed by them on 20 Apr 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.