Great Southern Bank
Everyday Youth Account
An award-winning everyday account for your first taste of financial freedom.
Savings & transaction accountsBank updated 30 Apr 2026
At a glance
- Base rate
- 0.00%
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableThere is no interest on this product | — | — | — | 0.00% | — | paid every 1 mo |
§ 02 — Fees · 32
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Foreign currency deposit (draft and cheque) | Deposit | Varies | — | Charged when you deposit drafts or cheques drawn on an overseas financial institution. Please note that the foreign agent may also charge a fee. Where a single cheque or draft converts to more than A… |
| Account Information Fee | Event | $20 | — | Account informaton fee is payable when customer request the following: - An annual audit certificate on a Great Southern Bank account - A copy of a cheque or Visa voucher - Personal information, trac… |
| Arrears Letter Fee | Event | $22 | — | Payable where Great Southern Bank sends you a letter in relation to arrears on your account. |
| Cheque Dishonour fee | Event | $11 | — | Where a cheque written against your account is dishonoured for any reason. |
| Cheque service fee | Event | $10 | — | Payable when you request the following: - Purchase of a financial institution cheque; Stop payment on a lost or stolen cheque; Special clearance on a cheque deposited to a Great Southern Bank account. |
| Debt Collection Fee | Event | Varies | — | Costs incurred in the recovery of outstanding debts vary depending on the nature of the default. These costs are applied by the Solicitors or independent contractors engaged to undertake action to re… |
| Default Notice Fee | Event | $33 | — | Default notice fee is payable where Great Southern Bank sends you a default notice in relation to outstanding arrears on your account. |
| Direct Debit Dishonour fee | Event | $0.12 | — | Where an inward direct debit is dishonoured due to insufficient funds being in your account to meet the amount of the debit. This fee does not apply to Everyday Edge. |
| Other fees | Event | Varies | — | All other Great Southern Bank fees are detailed within our Schedule of Fees |
| Overdrawn or Over limit fee | Event | $6 | — | Payable where you exceed the actual balance or authorised limit of your overdraft facility and the debt is caused by a cheque withdrawal or electronic transaction (including ATM, EFTPOS and Bank@Post… |
| Replacement Visa Debit Card | Event | Varies | — | Fee applies where a replacement card is requested by a customer. |
| Telegraphic transfer fee within Australia | Event | $35 | — | Local telegraphic transfer to an account at a financial institution within Australia. Payable where you request a local telegraphic transfer to an account at a financial institution within Australia. |
| Excess coin fee | Other | Varies | — | Personal accounts: Free, Business accounts & non-account holders - Under $100: Free, $100 and over: 5% of coin amount. Where coin is deposited or exchanged for notes at a GSB branch. |
| Telegraphic Transfer inward | Other | Varies | — | Where funds are received via telegraphic transfer for credit to your GSB account, the other financial institutions involved in the transfer may charge a fee, which will be deducted from the amount of… |
| Periodical payment | Payment | No fee | — | — |
| Monthly Service Fee | Periodic | No fee | — | $0 monthly account keeping fees |
| Visa Domestic ("press credit") transaction | Purchase | No fee | — | — |
| Bank@Post Deposit | Transaction | Varies | — | — |
| BPAY | Transaction | Varies | — | — |
| eftpos Debit Card International | Transaction | Varies | — | Payable on all transactions made in currencies other than Australian Dollars. |
| eftpos purchases and cash out | Transaction | Varies | — | — |
| Great Southern Bank Branch Deposits | Transaction | Varies | — | — |
| Outward overseas telegraphic transfer in Australian dollars (overseas payment) | Transaction | $50 | — | Applies when you request that funds (sent in AUD) be electronically transferred for credit to another account with an overseas financial institution. Additional fees may be deducted by other financia… |
| Outward overseas telegraphic transfer in foreign currency (overseas payment) performed by GSB staff | Transaction | $20 | — | Applies when you request that funds (sent in the requested foreign currency) be electronically transferred for credit to another account with an overseas financial institution. Additional fees may be… |
| Outward overseas telegraphic transfer in foreign currency (overseas payment) performed in Online Banking | Transaction | No fee | — | Applies when you request, via GSB Online Banking, that funds (sent in the requested foreign currency) be electronically transferred for credit to another account with an overseas financial institutio… |
| Payments using Online Banking | Transaction | Varies | — | — |
| Staff assisted transfer | Transaction | Varies | — | — |
| Visa Debit International | Transaction | Varies | — | Payable for all of the following transactions made using your Visa Debit Card: • All transactions made overseas, • All transactions in a currency other than Australian dollars, • All transactions mad… |
| Agency withdrawal | Withdrawal | $15 | — | Where account holders at another credit union requests that GSB process a withdrawal on their behalf. |
| Bank@Post | Withdrawal | Varies | — | — |
| Great Southern Bank Branch | Withdrawal | Varies | — | — |
| Overseas cash withdrawal | Withdrawal | $4.50 | — | Applies to any cash withdrawal transaction made outside Australia. |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsApple PayGoogle PaySamsung Pay
- · Account Nicknames - Add a personal touch to your personal accounts
- · Mobile Banking App. For banking on the go, anywhere anytime from the convenience of your phone.
- · The Boost. If you're looking for a way to achieve your savings goals faster, we've got a clever solution. We call it The Boost, and it'll help you save money as you're spending it!
§ 04 — Eligibility & limits
- · Minimum age 10
- · Maximum age 17
- · Residency: You must be an Australian citizen or Australian resident to hold an account with Great Southern Bank
- · Available to individuals
- · Opening balance $1
§ 05 — Compare
§ 06 — Run the numbers
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Published by Great Southern Bank under the Consumer Data Right, last changed by them on 30 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.