The Finance Algorithm
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Everyday Account

The IMB Everyday Account comes with a great range of access options and no monthly account keeping fee, you'll just pay for the transactions you do.

Savings & transaction accountsBank updated 22 Sept 2026
Apply at IMB Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Base rate
0.01%
Monthly fee
$1.60
IMB Visa Debit Card

Rates

The one rate IMB Bank publishes for this account.

TypeApplies toTermBandRateComparisonConditions
Variable---0.01%-paid every 6 mo

Fees

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

While you hold it1

  • Visa Cardholder Facility Fee

    Fee will be charged on the first day of each month for each Visa Card on issue. Visa Cardholder Facility Fee

    $1.60 a month

When you make a transaction33

  • Visa Debit Card - Cash advances (domestic & international)

    A transaction fee of the higher of $5 or 2.5% is charged for any international purchase made using a Visa Debit Card in: a) a currency other than $AUD (after conversion to $AUD); or b) $AUD (or any o… Visa Debit Card - Cash advances (domestic & international)

    2.50% of transaction
  • Bulk coin count

    Maximum charge

    $5
  • Foreign cheque conversion (value AU$10,000 and greater)

    Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties

    $50
  • Foreign cheque conversion (value less than AU$10,000)

    Minimum charge, subject to additional fees and charges. Charges either wholly or partly imposed by third parties

    $25
  • IMB ATM - Cheque deposit

    Fee applies to each account that a cheque is deposited into. If a cheque deposit is split across multiple accounts, the fee is applied to each account separately. IMB ATM - Cheque deposit

    $1
  • Manual deposit other institution
    $10
  • Other facilities - Cheque deposit

    Fee applies to each account that a cheque is deposited into. If a cheque deposit is split across multiple accounts, the fee is applied to each account separately. Other facilities - Cheque deposit

    $1
  • Over the counter - Cheque deposit

    Fee applies to each account that a cheque is deposited into. If a cheque deposit is split across multiple accounts, the fee is applied to each account separately. Over the counter - Cheque deposit

    $1
  • Visa Debit Card - International purchase

    A transaction fee of the higher of $5 or 2.5% is charged for any international purchase made using a Visa Debit Card in: a) a currency other than $AUD (after conversion to $AUD); or b) $AUD (or any o… Visa Debit Card - International purchase

    2.50% of transaction
  • Australia Post - Bank@Post deposit, enquiry & failed transactions

    Service availablility is at the discretion of the Australia post outlet Australia Post - Bank@Post deposit, enquiry & failed transactions

    $4.50
  • Cashcard - EFTPOS transaction, cash-out & decline

    Cashcard - EFTPOS transaction, cash-out & decline

    $0.85
  • IMB ATM - balance enquiry or failed transaction

    IMB ATM - balance enquiry or failed transaction

    $0.25
  • IMB ATM - Transfer to an IMB Account

    IMB ATM - Transfer to an IMB Account

    $0.25
  • Other ATM - International ATM

    Direct charge as determined by ATM Operator may also apply Other ATM - International ATM

    $5
  • Phone Banking - Operator Assisted - All other financial transactions

    Excludes phone enquiry, Cheque withdrawal/cheque bill payment. Phone Banking - Operator Assisted - All other financial transactions

    $0.50
  • Visa Debit Card - EFTPOS transaction, cash-out & decline

    Fee payable if the transaction is processed via EFTPOS at the merchant’s election, including contactless Visa debit card transactions. Visa Debit Card - EFTPOS transaction, cash-out & decline

    $0.85
  • Australia Post - Bank@Post withdrawal transaction

    Service availablility is at the discretion of the Australia post outlet Australia Post - Bank@Post withdrawal transaction

    $4.50
  • IMB ATM - ATM withdrawal (including Visa Debit Card)

    IMB ATM - ATM withdrawal (including Visa Debit Card)

    $0.70
  • Other facilities - Direct debit by another institution or entity

    Other facilities - Direct debit by another institution or entity

    $0.50
  • Other facilities - Personal cheque withdrawal

    Per cheque Other facilities - Personal cheque withdrawal

    $1.50
  • Other facilities - Scheduled cheque withdrawal

    Per cheque Other facilities - Scheduled cheque withdrawal

    $6
  • Other facilities - Scheduled electronic withdrawal

    Other facilities - Scheduled electronic withdrawal

    $0.50
  • Over the counter - BPAY

    Over the counter - BPAY

    $0.50
  • Over the counter - Branch cash withdrawal

    Over the counter - Branch cash withdrawal

    $2.25
  • Over the counter - Cheque bill payments

    Per cheque Over the counter - Cheque bill payments

    $6
  • Over the counter - Purchase Financial Institution Cheque

    Per cheque Over the counter - Purchase Financial Institution Cheque

    $6
  • Over the counter - Scheduled direct credit to another financial institution

    Over the counter - Scheduled direct credit to another financial institution

    $0.50
  • Over the counter - Single direct credit to another financial institution

    Over the counter - Single direct credit to another financial institution

    $0.50
  • Over the counter - Transfer to an IMB account

    Over the counter - Transfer to an IMB account

    $0.50
  • Phone Banking - Operator Assisted – Cheque bill payments

    Per cheque Phone Banking - Operator Assisted – Cheque bill payments

    $6
  • Phone Banking - Operator Assisted – Purchase Financial Institution Cheque

    Per cheque Phone Banking - Operator Assisted – Purchase Financial Institution Cheque

    $6
  • Purchase of foreign currency

    $10 or 1% of the value of the total order (whichever is greater).

    1.00% of transaction
  • Total cash withdrawal over $2,000 in a day

    A fee of 0.2% of total cash withdrawals is charged for total cash withdrawals over $2000 in a day.

    0.20% of transaction

When particular things happen28

  • Audit Certificate

    Per certificate

    $30
  • BPAY payment return
    $5
  • Card replacement (in excess of 1 p.a.)
    $10
  • Copy of Financial Institution cheque

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $16
  • Copy of personal cheque
    $15
  • Copy of withdrawal or deposit form
    $15
  • Default fee

    When your savings account is overdrawn for 20 days, a Default fee will be debited from your account on the 20th day and a further Default fee debited each month thereafter while your account remains…

    $25
  • Default Notice fee

    A Default Notice fee of $30 will be debited from your deposit account or Personal Credit Line facility, where you are in breach of the PDS and/or the schedule and IMB issues a notice to you demanding…

    $30
  • Interest statement - Electronic

    Per page

    $2.50
  • Pin replacement (in excess of 1 p.a.)
    $5
  • Recalculation of interest

    Per page

    $30
  • Rejected post-dated BPAY
    $5
  • Research fee

    Per page

    $30
  • Retrieval of archived documents

    Per page

    $20
  • SMS Alerts

    Per alert

    $0.25
  • Special clearance on cheques

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $16
  • Stop payment fee (IMB cheques)

    Maximum charge. Charges either wholly or partly imposed by third parties.

    $12.50
  • Stop payment personal cheque
    $15
  • Trace on Electronic Debit/Credit
    $20
  • Trace on Financial Institution cheque

    Charges either wholly or partly imposed by third parties.

    $50
  • Trace on personal cheque

    Charges either wholly or partly imposed by third parties.

    $50
  • Transaction Listing - Electronic - 10 pages and over

    Per page

    $0.50
  • Transaction Listing - Electronic - up to 10 pages
    $5
  • Transfers between accounts to cover overdrawn balance
    $15
  • Unclaimed monies/dormant account

    Maximum charge per account

    $40
  • Urgent Visa card mailing
    $20
  • Visa voucher request

    Per request. Charges either wholly or partly imposed by third parties, such as Visa.

    $15
  • Overseas Visa card replacement

    Charges either wholly or partly imposed by third parties.

    $150

Features

Instant paymentsPayIDDigital bankingFraud protectionOverdraftApple Pay.Google Pay.Samsung Pay.Garmin Pay.
  • Direct debit is available on this account type.
  • Direct Credit is available on this account type.
  • Schedule Electronic Funds Transfers or Periodic Payments via internet banking, in branch or telephone banking
  • Make and receive Electronic Funds Transfers (EFT) from this account type.
  • Do your day to day banking with your IMB transaction account at Australia Post Offices where Bank@Post is available.
  • IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
  • IMB's Phone Banking Service gives you 24 hour access to your accounts from any touchphone.
  • IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
  • As of 1 June 2021, IMB will not offer a cheque facility to customers that become Members on or after that date, or to existing Members who have not been issued a cheque facility before that date
  • PayTo is available on this account type.

Eligibility and limits

  • Available to individuals
  • Opening balance $1

Published by IMB Bank under the Consumer Data Right, last changed by them on 22 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.