Your everyday account is where your salary lands and bills get paid from. Most major providers now waive the monthly fee if you meet simple conditions (or charge nothing at all) — check ATM and overseas transaction fees too, since those vary more than the headline monthly fee.
9 options
Everyday
$0 monthly fee, no fees at major domestic bank ATMs, with built-in budgeting and spend-tracking tools in the ANZ Plus app.
App-only account (no physical branch product). A $10 fee only applies if you link it as an offset to an ANZ Plus home loan.
Easy Transaction Account
$0 monthly fee, $0 overseas transaction fee, and free access to 10,000+ ATMs across the Bankwest, CommBank, Westpac, NAB and ANZ networks.
None — no monthly fee, no opening deposit or minimum balance.
Smart Access
$4 monthly fee, waived if you deposit $2,000+/month or are under 30 — plus a current $50 cashback on new accounts.
Fee waived if: under 30, deposit $2,000+ in the calendar month, or meet another exemption (e.g. eligible pension, $50k+ balance, home loan holder).
Also available to newcomers without an Australian address — ID check happens in-branch on arrival.
Orange Everyday
5.50% interest on savings — one of the highest you can get without citizenship/PR — plus 1% cashback on utility bills. Conditions: deposit $1,000 + 5 card transactions + grow your balance each month (bonus up to a $100k balance).
Referral code: Jmx362
Passport or AU licence, Australian address, Australian TFN
Transaction Account
$0 monthly fee, refunds all Australian ATM operator fees, and pays 2.75% p.a. interest on the account balance.
None — no monthly fee or minimum deposit. Overseas ATM operator fees aren't refunded.
Interest rate effective 22 May 2026 — check the current rate before relying on it.
Classic Banking
$0 monthly fee with no conditions to meet, plus fee-free withdrawals at 4,000+ NAB ATMs.
None — no monthly fee or minimum deposit. Must be 14+ and living in Australia with a verifiable address.
Spend Account
$0 monthly fee, no international transaction or overseas ATM fees, and comes paired with a linked Save account plus multi-bank spending tracking.
None — comes bundled with a linked 'Save' account to earn interest on your balance.
Operates under NAB's banking licence; deposits are covered by the same $250,000 government guarantee.
Everyday Account
$0 monthly fee, no international transaction fees, and free withdrawals at major bank ATMs in Australia and overseas — fully app-based digital bank.
Must be 16+. Only $1 needed to open. App-only, no physical branches.
Choice
Fee-free for newcomers and expats for the first 12 months, then waived by depositing $2,000+/month, being under 30, or holding an eligible concession/student card.
New-to-Australia/expat customers get the fee waived for 12 months; after that, waived by $2,000+/month deposit, under-30, student or eligible concession card.