Australian Unity Healthy Banking Everyday Account

Australian Unity Healthy Banking Everyday Account

Maximum Variable Rate

0.00

Account Keeping Fee

5

A healthier bank account with a linked Visa debit card to access your money from all around the world.

  • 10% discount off Australian Unity health insurance
  • $5 account keeping fee when you deposit $1,000 per month
  • No ATM fees when withdrawing from the rediATM network
  • Dedicated mobile banking app for Android and Apple devices

Product details

With the Australian Unity Healthy Banking Everyday account, there are $0 account-keeping fees when you deposit at least $1,000 into the account every month. The account also provides easy access to your money 24/7 with no withdrawal fees at more than 3,800 rediATMs around Australia, and you can conveniently manage your account through the Australian Unity smartphone banking app. This account is simple if you deposit your salary into it every month, so you don’t need to be worried about meeting the deposit requirements.

Product Name
Australian Unity Healthy Banking Everyday Account
Monthly Account Fee
$5
Debit Card Access
Visa
ATM Withdrawal Fee
$0
Details
$0 monthly account keeping fees when linked to a home loan with Australian Unity or when you deposit $1000 per month.

What are the features of the Australian Unity Healthy Banking Everyday account?

The Australian Unity Healthy Banking Everyday account offers the following:

$5 account-keeping fees if you don't meet the deposit requirements

When you deposit at least $1,000 per month into your Australian Unity Healthy Banking Everyday account, you will not have to pay any ongoing account-keeping fees. If you deposit less than this amount in any calendar month, a monthly fee of $5 applies.

Fee-free ATM withdrawals at rediATMs

Account holders can enjoy free access to more than 3,800 ATMs around Australia through the rediATM network. This provides easy access to cash at convenient locations right around the country without incurring any transaction fees.

Smartphone app

Australian Unity’s smartphone banking app offers a simple and convenient way to manage your finances on the go. It’s completely secure and allows you to manage your account, pay bills via BPAY and transfer funds to other accounts. It also allows you to change your PIN and replace cards that have been lost or stolen.

Digital wallet technology

When you open an Australian Unity Healthy Banking Everyday account, you can pay for purchases by tapping your Android smartphone on the merchant’s contactless payment terminal. This feature is available for smartphones running Android 4.4 KitKat or above and on purchases up to $100.

Visa debit card

The Australian Unity Healthy Banking Everyday account comes with a linked Visa debit card. The card has payWave functionality for contactless transactions and allows you to make purchases in-store, online and even overseas.

Health insurance discount

When you open an Australian Unity Healthy Banking Everyday account, you can take advantage of a 10% discount off Australian Unity health insurance. The discount applies to hospital and extras cover.

Pros

  • Manage your finances from day to day
  • Visa debit card with payWave
  • No account keeping fee

Cons

  • Need at least $1,000 a month to avoid monthly service fee of $5.

What you’ll need to know before applying

Eligibility to apply

You should first ensure that you satisfy the criteria to open an account:

  • Minimum age. You need to be 16 years or older.
  • Residency requirements. You must be a permanent resident of Australia.
  • Depository requirements. You will need to deposit at least $1,000 a month to avoid paying the monthly service fee of $5.

Documentation

You will also need to provide a wide range of information and documentation to support your application, including:

  • Your driver’s licence. Supply your current Australian driver’s licence.
  • Your passport. A valid Australian passport is important to prove your identity.
  • Your Medicare card. Australian Unity will also require your Medicare details in order to verify your identity.

What happens after I apply?

It shouldn’t take any more than five minutes to complete and submit your application. Once your application has been successfully completed, Australian Unity will assess and approve your application to open an account. Your linked Visa debit card should then arrive within 5-7 business days, allowing you to make purchases online and in-store, and to withdraw money from rediATMs around Australia.

The Australian Unity Healthy Banking Everyday account offers a wide range of useful features to help you manage your finances from day to day. Compare this account with other everyday transaction accounts at finder.com.au and take control of your money.

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