Bank of Melbourne Complete Freedom Account
$0 monthly fee
An everyday bank account that has all the features to help make managing your day-to-day money a breeze
$0
monthly fee
- Overseas spending fee
- 3%
- Overseas ATM fee
- $5
- Digital wallets
- Apple, Google, Samsung
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Apple Pay, Google Pay, Samsung Pay
- PayID
- Not listed
- Overdraft available
- Yes
Who can open it
- Age to open
- 14 and over
Who it's for
- If you are 55 years or over and retired, you may be eligible for a Retirement Access Account. If you have a Concession or Health Care Card you may be eligible for a Concession account.
Limits and conditions
- The card must be linked to an eligible Bank of Melbourne account.
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Monthly fee
None
Most accounts that say charge none.
Overseas spending fee
3%
Of what you spend in another currency. Typical is 3%.
Overseas ATM fee
$5
Each time you take cash out overseas. Typical is $5.
Pros and cons
Pros
- No monthly fee. Keeping the account costs nothing, whatever you deposit.
- Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.
Cons
Nothing stands out.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
- Monthly fee
- None
- Overseas spending fee
- 3%
