IMB Bank Everyday Account
Fee can be waived
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.
- Overseas spending fee
- 2.5%
- Overseas ATM fee
- $5
- Digital wallets
- Apple, Google, Samsung
Monthly fee
How to avoid the monthly fee
Not applicable to an Everyday Online Term Link Account for the period that an investment amount is held in an Online Term Deposit or Reinvested Online Term Deposit (refer to the Product Disclosure Statement (PDS)).
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Apple Pay, Google Pay, Samsung Pay
- PayID
- Yes
- Overdraft available
- Yes
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
$2
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
- Pays interest. 0.01% on your balance, which most everyday accounts don't.
- PayID. People can pay you with your phone number or email instead of a BSB and account number.
- 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
- $3
- Overseas spending fee
- 2.9%
- Monthly fee
- $2
- Overseas spending fee
- Not published
- Monthly fee
- $3
- Overseas spending fee
- Not published
