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The Australian Military Bank Military Rewards Account is an everyday account that gives you easy access to your money in different ways. If you meet a basic deposit criterion you don’t have to pay any account keeping fees. You stand to earn cash back when you use your Visa debit card to make payWave purchases. You, along with the bank, regularly contribute to a Defence related charity that you select.
$2,000
Fee Free Deposit
$4
Account keeping fee
$0
ATM withdrawal fee
$4.5
Overseas ATM withdrawal fee
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Product Name | Australian Military Bank Military Rewards Account |
---|---|
Monthly account fee | $4 |
Card access | Visa |
ATM Withdrawal Fee | $0 |
International ATM Fee | $4.50 |
International transaction fee | 2.95% |
Monthly deposit required to waive account fee | $2,000 |
Contactless Payments | Google Pay, Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay |
Review by
Alison Banney is the banking and superannuation editor at Finder. She has written about finance for more than 8 years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
This is one of only a few transaction accounts that offer cashback on purchases. You can earn 1% cashback on tap and go purchases under $100, up to the value of $25 a month.
To get this cashback perk you need to deposit $2,000 per month. When you deposit $2,000 a month you’ll also get the $4 account keeping fee waived.
The cashback offer is a cool perk, but make sure you don’t fall into the trap of spending just to get the cashback.