I just joined up with Bankwest and although I'm not really sure whether you would consider it a bargain… it is for me, as it will save me about $20 per month in 'other banks' ATM fees.
Its the Bankwest Zero transaction account…
There's no monthly charges, unlimited phone/internet banking, free chequebook access and best of all… no ATM charges, irrespective of the bank or ATM you use. I was previously with Citibank and was restricted to using Citi or Westpac ATM's after the new ATM legislation came into effect.
As far as I am aware (and I would be interested if anyone could prove otherwise), its the only transaction account still avaliable post-March 2 that has unlimited free transactions on any ATM in the country. And its owned by the Commonwealth Bank.
- Pay no ATM fees Australia wide.
- Deposit a minimum of $2,000 per month (eg. your salary).
- Unlimited transactions and no monthly maintenance fees.
- No account fees.
- Bankwest or MasterCard Debit Card access.
- Cheque book access.
- Online Banking.
- Phone Banking
Interested in your comments…
You will still get charged ATM fees by the ATM provider.