Affordable Banking

Australian banks believe that all Australians should have access to affordable banking services. Currently, some Australian banks offer ‘basic bank accounts’ that are suitable for disadvantaged and low-income customers.

A basic bank account is a transaction account that does not charge many of the standard bank fees other accounts typically do.

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Making banking affordable
and accessible to
all Australians


What's New


ASIC has a website to help you make smart choices about money. For more information about managing your money, you can read this article or visit Money Smart.

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