Eligible concession card holders will be exempt from paying some fees on their Everyday Transaction Account.
We believe in helping all Australians get ahead, so customers eligible for our Benefit Everyday Transaction Account won't be charged certain fees.
To be eligible, you’ll need to hold:
When a payment from your Everyday Transaction Account is dishonoured (due to lack of funds in your account).
When your Everyday Transaction Account is overdrawn1.
When a cheque written by you is dishonoured (due to a lack of cleared funds in your account).
Direct entry (payment) dishonour fee
usually $10
Overdrawn account fee
usually $15
Cheque dishonour fee
International ATM balance enquiry
Free
International ATM withdrawal fee
$4 (may also incur a fee charged by the ATM operator)
International fee
1.5%
Mastercard cross-border fee
0.8%
Cheque book (50 cheques)
$10
Buying a bank cheque
$6
Reversing a bank cheque
Replacing a bank cheque
Stopping a payment on a personal cheque
Special answer
$15
EFTPOS (purchases or cash out)
Request to change colour of card
Emergency replacement card
Emergency cash
Duplicate or interim statement
$5 per statement
Telegraphic transfer (within Australia only)
$30
Voucher retrieval
$0 account-keeping fees, $0 minimum deposits. $0 is something worth celebrating with ME.
Get hit with a transaction fee for using an Australian ATM? We’ll refund it2.
Having different accounts in different colours helps you live within your means and keep on track for your goals.
You'll need to be: At least 16 years old and an Australian citizen, permanent resident or resident for tax purposes
Be sure to select your concession card from the drop down when completing your application.
Then, if you’re eligible, we’ll apply the fee waivers to your Everyday Transaction Account.
Let us know which concession card you hold by;
The Benefit Everyday Transaction Account is only available for accounts opened in one name (sole account), not joint accounts. Terms, conditions, fees and charges apply.
This is general information only and you should consider if this product is appropriate for you.
Mastercard is a registered trademark, the circles design, and tap & go are trademarks of Mastercard International Incorporated.