Features & benefits
Rates & Fees
For further information and details, see all Schedule of Fees, Accounts, and Access Facilities and Terms & Conditions.
Fees
- You must be aged 18 or over
- You must be an Australian resident
- An email address and a mobile number
- One form of ID such as your driver’s licence, passport or Medicare card
- Your existing customer number
- Access to Great Southern Bank Online Banking
Frequently asked questions
Great Southern Bank is the trading name of Credit Union Australia Limited. You may have previously known us as CUA.
For over 75 years we’ve helped our customers manage their money. We do this by providing clever products and smart tools that help you reach your financial goals sooner. Plus, being customer-owned means that our profits go back into our products and services, not shareholders.
We love helping people reach their financial goals and we can’t wait to help you reach yours, whatever they may be. Contact us to get started, we’re here to help!
Switching to Great Southern Bank is easier than you think and takes less than five minutes! All you need to do is open an account. It’s that simple.
Plus, we can help you switch your salary, direct debits, and regular payments to your brand-new Everyday Edge Account.
Everyone is different, so it makes sense that we have more than one type of bank account.
Follow the links below to view our other bank accounts and find the one that suits you best.
Yes. Money placed in a transaction account with a bank, building society or credit union is protected by the Australian Government’s Financial Claims Scheme (FCS).
The scheme protects deposits up to $250,000 per person, per financial institution. In the unlikely event that a financial institution closes you’ll have the peace-of-mind that your money is safe.
Yes. You’ll get a Visa Debit Card with your Everyday Transaction account that can also be used with Google PayTM, Apple Pay and Samsung Pay.
You’ll never feel weighed down by your wallet when you can use your phone to tap and pay securely at the checkout.
Absolutely. Simply download our mobile banking app to do your banking anywhere from the convenience of your phone.
Yes. Great Southern Bank Online Banking is easy to use, convenient and secure. As a new customer you'll be set up with online banking as soon as you apply.
If you are already a customer, you can register for online banking in less than a minute and get started straight away.
We take security very seriously and have several features to keep your online and mobile banking safe and secure.
For starters, you’ll always need your customer number and password to log in to digital banking. You can also take advantage of our special features for extra security and peace of mind.
Our key security features include:
- Fingerprint login
- Facial login
- Transaction notifications
- Security questions
- Change your password anytime
While we take proactive steps to fight fraud, it’s important that our customers also take an active role in keeping their accounts secure.
Our online security checklist contains more tips and tricks to keep your account secure. And as always, never share your password with anyone.
Reach your dream of homeownership sooner with bonus interest on your savings.
Competitive interest rate with no bonus interest conditions
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.
Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.
The Everyday Account does not earn interest.
#To request an offset account be linked to your eligible home loan, contact us on 133 282, visit your nearest branch or send us a secure message in Online Banking as a Home Loan Enquiry. Refer to your Essential guide to your Great Southern Bank loan document for mortgage offset terms and conditions and the Terms and Conditions (T&Cs) booklet.
^ Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd. Mobile network provider charges may apply. Access is subject to availability and maintenance, refer to our website for more information.
^^ To view the Target Market Determination for Debit Cards, please click here.
To view the Target Market Determination for this product, please click here.
The Everyday Account has been designed for customers aged 18+, who want a low fee product and access to their available cash funds with features such as mortgage offset eligibility.
This product may not be right for you, if you:
- Do not wish to offset your account balance against a Great Southern Bank Home Loan. Our Everyday Edge Account may be more suited to you.