Border Bank
Safeguard Transaction Account
This account helps you avoid exception fees such as Overdrawn Service fee and Dishonour fees. Your funds are at call and earn daily interest. You can set up bill payments and direct entries and use internet and phone banking on this account.
Savings & transaction accountsBank updated 29 July 2026
At a glance
- Base rate
- 0.00%
§ 01 — Rates · 4
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableBalance $0 to $499 | — | — | up to $499 | 0.00% | — | paid every 6 mo |
| VariableBalance $20,001 to $50,000 | — | — | $20,001–$50,000 | 0.01% | — | paid every 6 mo |
| VariableBalance $500 to $20,000 | — | — | $500–$20,000 | 0.01% | — | paid every 6 mo |
| VariableBalance $50,001 or more | — | — | $50,000+ | 0.01% | — | paid every 6 mo |
§ 02 — Fees · 13
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Direct Debit Dishonour Fee | Dishonour | $9 | — | Direct Debit Dishonour Fee per transaction |
| Additional Statement Fee | Event | $5 | — | 1.50 per page |
| Coin Handling Fee | Event | $12 | — | Fee can also be 2 % of the amount whichever is the greater. Payable whenever coins deposited in a single month reach an accumulated value in excess of $100 |
| Document Retrieval Fee | Event | No fee | — | Minimum $22.77 per hour retrieval fee and minimum $30 per hour administrative fee |
| Dormant Accounts fee | Event | $10 | — | After 3 years an account is classed as dormant if no Member transactions occur. Interest, fees and government charges are not classed as transactions. |
| Replacement Card Fee | Event | $10 | — | Payable for any second or subsequent request for the replacement of a Visa Card. |
| Third Party Costs | Event | No fee | — | At Cost |
| Visa Overseas Emergency Fee | Event | $175 | — | Payable when you request an emergency replacement Visa Card or emergency Cash Advance overseas |
| Bank@Post Cash Withdrawal fee | Periodic | $2 | Every 1 days | Per transaction |
| External Electronic Periodical Payments | Transaction | $1 | — | If part of the Reduced Fees program, the first 3 transactions are free |
| Visa International Fees | Transaction | 3.00% of transaction | — | Payable if and when you use the Visa Card overseas and the transaction is in a foreign currency. All overseas transactions are converted to Australian dollars and are subject to this fee as a percent… |
| Counter Cash withdrawal $25,000 and over | Withdrawal | $50 | — | Per cash withdrawal $25,000 or over |
| Counter Cash withdrawal fee up to $24,999 | Withdrawal | $2 | — | First 3 free if part of Reduced Fees program |
§ 03 — Features
Instant paymentsPayIDDigital banking55 interest-free daysSamsung PayApple PayGoogle Pay
- · Direct Debits. Set up Direct Debits from this account
- · Verified by Visa is a service designed to ensure you are protected while shopping online with your Visa card. As you make a purchase online, Border Bank assesses the risk of the transaction based on…
- · ATM withdrawals. Up to $1,000
- · Contributes to Reduced Fees Program. Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions…
- · Direct Credits. Set regular payments like your pay sent straight to your account
- · Our Debit Card is issued with the Visa PayWave ‘contactless’ payment feature. This allows you to pay for purchases under $100 without swiping, signing, or entering a PIN at participating merchants.
- · Eftpos transactions are free if on the Reduced Fees program, otherwise 25 transactions are free per month, thereafter will cost 0.55 per Eftpos transaction
- · Account allows Periodical Payments via Cheque and can also make External Periodical Payments
- · Bank@Post. Withdraw cash at any participating Australia Post outlets with Bank@POST™
- · Visa Preferred Rewards. Our Visa Card provides access to the Visa Entertainment program. This gives you the opportunity to purchase unique deals including preferred seating at special events, discoun…
- · ATM withdrawals. up to $1000
- · Periodical Payments. Can set up Periodical Payments
§ 04 — Eligibility & limits
- · Residency: Australian Residents
- · Available to individuals
§ 05 — Compare
§ 06 — Run the numbers
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Published by Border Bank under the Consumer Data Right, last changed by them on 29 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.