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Netlink Direct Account

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Pros and Cons

Pros:
  • Has branch access
  • Has no ongoing fees
  • Has no minimum balances
Cons:

    Features

    Fees

    FAQs

    It’s not usually possible to set up a direct debit from your savings account to cover ongoing expenses or bills, as savings accounts are structured around growing your wealth by earning interest on regular deposits, and discouraging withdrawals.

    Some transaction accounts allow you to set up direct debits and also earn interest, though you may not enjoy as much flexibility as a dedicated transaction account, or get as high an interest rate as a dedicated savings account.

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