How to reduce your fees
Your everyday banking shouldn't cost a lot. There are so many ways to minimise your fees.
Choose an appropriate account
Save on banking fees by choosing the right account for you. For further assistance, visit any Bendigo Bank branch or telephone Customer Contact and Care on 1300 236 344.
Use fee free services
You can make withdrawals and deposits that are free of transaction fees. The free transactions are detailed in the Schedule of Fees, Charges and Transaction Account Rebates (personal customers) or Business Fees and Charges (business customers).
Debit Mastercard® - press Credit when using EFTPOS
You will pay no transaction fees on your purchase if you press the credit button when using EFTPOS.
Reduce the number of accounts you have
Do you really need all those accounts? Consolidate your accounts and stop paying extra fees. If you have a number of accounts, you may be incurring fees on each. You may want to consider consolidating your accounts.
Use Bendigo Bank ATMs
If you make a deposit or check your Bendigo Bank account balance at a Bendigo Bank ATM, it's free. Don't pay the fees charged by other banks' ATMs.
Reduce the number of withdrawals you make
If you select the cheque or savings button when you make an EFTPOS purchase, you can also withdraw cash - in one, simple transaction.
Learn more about account rebates
You may be eligible for transaction rebates. Learn more or refer to the Schedule of Fees, Charges and Transaction Account Rebates (personal customers) or Business Fees and Charges (business customers).
Browse our help topics
- What is PayID?
- What are the benefits of PayID?
- Who can create a PayID?
- What happens if I lock my PayID?
- What if I don't like my PayID name?
- What happens if the PayID I want to use is already registered by someone else?
- What should I do if I don't receive the six digit verification code when creating a PayID?
- Is it safe to share my PayID?
- Do I need a PayID to make a fast payment?
- Can one PayID be linked to more than one account?
- Can a PayID be used to withdraw money from an account?
- Who can make fast payments?
- How safe and secure is this?
- What time will recurring fast payments be sent?
- How long do I have to approve a payment on a two to sign account?
- Is Osko by BPay different from BPay? Will it replace BPay or BPay View?
- What PayID types can be used?
- Will PayID replace BSBs and account numbers?
- Is PayID secure?
- Can I transfer my PayID to a Bendigo Bank account from another financial institution?
- Do you have to be registered for e-banking to create a PayID?
- Why might an account not be visible when creating a PayID in e-banking?
- Can a PayID be created on a term deposit account?
- What happens if I lose my mobile phone and that number was also my PayID?
- When using a PayID, how do I know I'm paying the right person?
- Can I have multiple PayIDs?
- Can a PayID be used to make or receive overseas payments?
- Who can receive fast payments?
- Can you give me an example of when I might need to use a fast payment?
- Do I have a different payment limit for fast payments?
- Where am I able to see transaction references over 280 characters?
- e-banking help
- Financial difficulty assistance
- Financial abuse
- Deceased estates
- Regular payments
- Affordable banking
- How to reduce your fees
- Closing your account
- Credit and Debit Cards
- Osko and PayID FAQs
- Unclaimed money
- Lost superannuation
- Australian Taxation Office
- Foreign tax resident reporting
- Comprehensive credit reporting