Product comparison

Take a look at the features of our transaction and savings accounts.

If you need more help in choosing the right product for you, one of our calculators or tools may help.

Calculators and tools to help you decide

Transaction accounts

Passbook or Statement Statement Statement Statement Statement
Min to open $1 $1 $1 $1
Interest calculated Daily Daily Daily Daily
Interest credited Half Yearly Monthly Monthly Annually
Interest rates 0.00%pa Tiered rates up to 0.30%pa Stepped rates up to pa** 0.00% pa

Monthly service fee

Waived if $2,000 deposited monthly or home loan held

Waived if $2,000 deposited monthly, home loan held, eligible CGU insurance policy2 held or Sandhurst Trustees Managed Funds held

Account rebate1 No Full Rebate No No
Additional rebate1 No No No No
Phone banking# Yes Yes Yes Yes
Internet Banking# Yes Yes Yes Yes
Debit card# Yes Yes Yes Yes
Cashcard# Yes Yes Yes Yes
Comments Transaction account is designed to easily manage your money. Offers Debit Mastercard®^, 24 hour ATM, EFTPOS access and unlimited e-banking transactions. Offset facility available. If you're a full-time student, apprentice or trainee this account will help you save on bank fees. The interest rate on this account increases as your balance grows. Ideal if you're a retiree aged 55 or over. An easy to use transaction account for customers with an eligible Commonwealth Government concession card. Designed for everyday banking with free e-banking transactions, 24 hour ATM and EFTPOS access via your choice of card.

Savings accounts

Passbook or Statement Statement Statement  Statement Statement or optional Passbook
Min to open $1 $1  $1 $1
Interest calculated Daily Daily Daily Daily
Interest credited Monthly Monthly Monthly November
Interest rates 1.00% pa 1.00% pa 1.00% pa 0.20% pa
Monthly fee No No No No
Account rebate1 2 free in branch withdrawals* Full Rebate 2 free in branch
Full Rebate during access periods
Additional rebate1 No No No No
Phone banking# Yes Yes Yes Yes
Internet Banking# Yes Yes Yes Yes
Debit card# No No No No
Cashcard# No No No No
Comments This no-fuss way to save combines attractive interest with free e-banking transactions and two free in branch withdrawals per month. The fun way for children under 12 to catch the saving bug. Account holders aged between 4 and 10 years old receive a card and gift on their birthday. This dual-purpose savings account will help you reach your savings goals whilst connecting you to a community minded organisation. It works just like a regular savings account except you select a partner from our list of eligible organisations to donate a portion of your interest to (10%, 25%, 50% or 100%). Put more jingle in your pocket and take the worry out of your next festive season. Save as much as you like during the year and access your money from 1 November until the end of January. Early withdrawal fees apply.

1 On eligible transactions. For more information refer to the Schedule of Fees, Charges and Transaction Account Rebates.

2Eligible Bendigo Bank insurance policies include Home, Contents, Motor Vehicle, Landlords, Boat and Caravan Insurance underwritten by Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance.

# Age restrictions apply. Subject to approval.

^ The Debit Mastercard® is available to persons aged 16 years and over who are Australian Citizens or residents

* In branch withdrawals will accrue during the month and be charged to your account on the first day of the following month. A maximum of 2 in branch transactions will be rebated to your account at this time. All other transactions will incur a fee at the time of the transaction.

** For more information refer to the Schedule of interest rates for Personal Accounts.

Mastercard and Priceless are registered trademarks and the circles design and Tap & Go are trademarks of Mastercard International Incorporated.

This information does not take your personal objectives, financial situations or needs into account. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.