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  4. Everyday Savings Account

Everyday Savings Account

  • App banking
  • Online banking
  • Visa debit card

Monthly fee

$0

Maximum interest rate

Everyday Savings Account

  • App banking
  • Online banking
  • Visa debit card

Monthly fee

$0

Maximum interest rate

Pros and Cons

For Everyday Savings Account

Benefits

  • $0 account keeping fee
  • Linked Visa debit card
  • App banking available
  • Apple Pay available
  • Send money using PayID

Drawbacks

  • 2.5% fees apply for overseas transactions

The Mac Rate Bank Account overview

For Everyday Savings Account

Account details

Minimum opening amount

$0

Min. age restrictions

18 years old

Minimum balance

Max. age restrictions

N/A

Interest calculation frequency

N/A

Interest payment frequency

N/A

Features

Linked account

Send money using PayID

Joint application available

Free international account transfer

Foreign currency

Target Market Determination

Visit The Mac to view Target Market Determination.

Methods of access

Internet banking

ATM access

Phone banking

EFTPOS facility

Branch access

Cheque services

App

App only

Fee details

Monthly fee

$0

Min. deposit for fee free

N/A

ATM & EFTPOS fees

ATM withdrawal fee

$2

Other bank ATM withdrawal fee

Daily ATM withdrawal limit

$1,050

EFTPOS fee

$0.1

Overseas fees

Overseas ATM withdrawal fee

Overseas eftpos fee

Foreign transaction fee

2.5%

Other transaction fees

Phone transaction fee

$0

Internet transaction fee

$0

Counter withdrawal fee

$2

Free counter transactions

Counter deposit fee

$0

Cheque fee

$0.3

Cheque dishonour fee

Electronic wallet service

Apple pay available

Google pay available

Samsung pay available

FAQs