Bank of us Go to
Fee can be waived
A low cost, super value everyday banking account and if you deposit more than $1000 into it a month (think your pay) then you?ll pay zero monthly account fee. Monthly account fee exemptions also apply
- Overseas spending fee
- 2.5%
- Overseas ATM fee
- $5
- Digital wallets
- Apple, Google
Monthly fee
How to avoid the monthly fee
Fee waived if you are under 21 or are a student.
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Apple Pay, Google Pay
- PayID
- Yes
- Overdraft available
- Not listed
Who can open it
- Age to open
- Any
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Monthly fee
$6
Most accounts that say charge none.
Overseas spending fee
2.5%
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
- PayID. People can pay you with your phone number or email instead of a BSB and account number.
- Phone payments. Works with Apple Pay and Google Pay, so you can pay with your phone or watch.
Cons
- A monthly fee. $6, above the typical None. You can avoid it if you meet the conditions, such as a minimum deposit each month.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- $6
- Overseas spending fee
- 2.5%
- Monthly fee
- $6
- Overseas spending fee
- 3%
- Monthly fee
- $6
- Overseas spending fee
- 3.65%
