Monthly Access Fees Ditched on Transaction Accounts

9 August 2023 | News

Here at Regional Australia Bank, we’re committed to helping improve your financial wellbeing, and providing you with the very best banking experience.

As such, we are continually looking for ways to evolve and enhance our offer to our Members, Over the past year, we’ve introduced a number of new initiatives, including our new banking app, and have taken decisions such as not passing on the full interest rate rises to our home loan customers, to directly help our Members.

From 1 August, we’re delighted to have removed all monthly fees from Everyday Transaction Accounts, as well as eliminating all over-the-counter and Bank@Post fees, too.

“We’re always looking for ways to improve our products and services, and scrapping transaction account, over-the-counter and Bank@Post fees seemed a simple thing to do that will have a big impact on our Members,” says David Heine, CEO at Regional Australia Bank.

“We understand the importance of keeping your financial journey smooth and hassle-free, and Members can now bank every day using Australia’s favourite transactions without incurring any additional fees.”

Check out Regional Australia Bank’s fee-free Everyday Transaction Account options, such as our Community Partnership Account, which enables you to support a local community partner just by doing your banking with Regional Australia Bank.