Features & benefits
From easy, fast payments to account notifications to saving money as you spend, our Transaction accounts offer so much more for your everyday banking.
Rates & Fees
For further information and details, see all Schedule of Fees, Accounts, and Access Facilities and Terms & Conditions.
Fees
| Monthly fee | $0 |
|---|---|
| Visa and PayWave purchases (domestic) | Free |
| Online/Internet payments | Free |
| eftpos cash out | Free |
Our Everyday Edge Account is designed for Australian residents aged 18 and above looking for a feature packed everyday transaction account.
If you’re new to Great Southern Bank simply fill out an online application and hit submit when done. If you’re already a customer, we’ll ask you to log in to Online Banking to start an application.
Once your account has been opened, your Great Southern Bank Visa Debit card should arrive in the mail within seven days^^.
Saving for something special?
Open a Home Saver Account and earn up to 5.25% p.a.+ bonus interest on balances up to $100,000, here’s how:
To be eligible, you must be:
- 18 years old or over
- A resident of Australia with an Australian residential address
If you are new to Great Southern Bank, please have the following ready:
- An email address and contact number.
- Proof of ID. This can include a Medicare card, Australian passport, driver licence or Centrelink card.
If you are an existing Great Southern Bank customer, please have the following ready:
- Your existing customer number
- Access to Great Southern Bank Online Banking
- Not set-up in online banking yet? Register Now!
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.
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 Edge Account does not earn interest.
* A fee rebate will be applied to your Everyday Edge Account on the first day of the next calendar month for all Great Southern Bank Visa Debit International Transaction Fees and Great Southern Bank Overseas ATM Cash Withdrawal Fees debited during the current calendar month if, prior to the last day of that calendar month: A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Edge Account; and B. At least 5 Visa Debit card purchases have been processed from your Everyday Edge Account and are not in pending status (excludes ATM withdrawals, eftpos cash out, balance enquiries and Bank@Post transactions). International non-Great Southern Bank fees may apply. Excludes eftpos Debit Card international transaction fees.
+ Rates current as at 05 November 2024. Rates and bonus interest criteria are subject to change. Interest is calculated daily and paid monthly.
Home Saver Account : The base rate of interest is payable on the whole balance held in your Home Saver Account. Bonus interest is applied on top of the base rate on balances up to $100,000 in a calendar month if, prior to the last day of that calendar month:
A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Edge Account/s; and
B. At least 5 settled (not pending) Visa Debit card purchase transactions (card present and card not present transactions but excluding ATM withdrawals, balance enquiries, Bank@Post transactions, cash advances and EFTPOS cash out only transactions) have been processed from your Everyday Edge Account.
Goal Saver Account : The base rate of interest is payable on the whole balance held in your Goal Saver Account. Bonus interest is applied on top of the base rate on balances up to $50,000 in a calendar month if, prior to the last day of that calendar month:
A. You receive funds of $500 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank bank account into your Everyday Edge Account; and
B. At least 5 settled (not pending) Visa Debit card purchase transactions (card present and card not present transactions but excluding ATM withdrawals, balance enquiries, Bank@Post transactions, cash advances and EFTPOS cash out only transactions) have been processed from your Everyday Edge Account.
^ 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 Edge Account has been designed for customers aged 18+ who want a low fee product with features such as international card transaction fee rebates.
This product may not be right for you, if you:
- Want to offset your account balance against a Great Southern Bank Home Loan. Our Everyday account may be more suited to you.