Spend your money when you want, where you want with a debit card

A debit card lets you spend your own money everyday, online and overseas.

Bank Account Offer

NAB Classic Banking

Bank Account Offer

$0 monthly account fees.
Tap and pay with your NAB Visa Debit card, NAB Pay for Android or NAB PayTag for iPhone.

  • Account keeping fee: $0.00
  • Linked debit card: Visa
  • ATM withdrawal fee: $0.00
  • Overseas EFTPOS fee: 3%
Go to site

Accounts with debit cards you can apply for in 15 minutes

Rates last updated November 21st, 2017
$
Name Product Debit Card Access ATM Withdrawal Fee Fee Free Deposit p.m. Monthly Account Fee Short Description
NAB Classic Banking
Visa
$0
$0
No monthly account fees ever and get a NAB Visa Debit card with payWave at no extra cost.
ING Orange Everyday Account
Visa
$0
$1,000
$75 cash bonus when you open an Orange Everyday Account. Limited time only, T&C's apply.
Bankwest Easy Transaction Account
Mastercard
$0
$2,000
No monthly account fees when you deposit at least $2,000 per month (e.g. salary). Pay no ATM fees at over 10,000 ATMs Australia wide including CBA, ANZ, NAB, Westpac (conditions apply).
HSBC Day to Day Transaction Account
Visa
$0
$0
No monthly account fee with no minimum deposit. Your Visa debit card unlocks special privileges worldwide with the HSBC home&Away Privilege Program.
Bankwest Qantas Transaction Account
Mastercard
$0
$2,000
Earn Qantas Points on your account balance 365 days a year.
Westpac Choice
Mastercard
$0
$2,000
Access over 50,000 ATMs globally with no overseas ATM fee.
ANZ Access Advantage
Visa
$0
$2,000
Open ANZ Access Advantage account and enjoy unlimited transactions at ANZ ATMs, EFTPOS, Internet, Mobile and Phone Banking.
BankSA Complete Freedom Account
Visa
$0
$2,000
An everyday transaction account with unlimited free transactions and a linked debit card.
Bank of Melbourne Complete Freedom
Visa
$0
$2,000
A flexible transaction account with optional VISA debit card which can be used at Westpac, St.George, BankSA and Bank of Melbourne ATMs for free.
St.George Complete Freedom Account
Visa
$0
$2,000
Flexible bank account with Visa Debit card and SMS and email alert system.

Compare up to 4 providers

What is a debit card and what does it allow you to do?

When you open an Australian bank account, the bank will issue you a debit card to use as a way to access your money. You can use your debit card to get cash, make purchases and manage your money. The debit card is linked to your transaction account and the terms and conditions associated with your account explains how you can spend your money.

Your debit card is linked to your everyday bank account and can be used to make withdrawals from ATMs, EFTPOS, payWave or PayPass.

How is a debit card different to a credit card?

A debit card works similarly to a credit card, except that you’re using your own money instead of the banks' money, which means you don't need to worry about interest payments. With a debit card, you're using your money in real time.

Debit cards are a good way to take advantage of the accessibility of a credit card, without having to pay any interest on the amount spent, or worry about your credit rating. It is also a good strategy to prevent you from racking up debt, as a debit card only allows you to spend the money you have in the account at the time of purchase. A credit card, in comparison, will allow you to make purchases and send you a bill at the end of the month for you to pay back.

Can I choose my own PIN for my debit card?

Yes, in fact, most banks recommend that you change your PIN regularly for security reasons. When you receive your debit card in the mail, your bank will provide you with a pre-selected PIN and instructions on how to change it.

What bank accounts can I link to my debit card?

You can link almost any everyday transaction account to a debit card. The account needs to have an Australian BSB and account number and the account must be in the same name as what's on the card. It can also be a joint account if desired.

How do I get a debit card?

To get a debit card you first need to open a transaction account. You can open a transaction account directly from our site, finder.com.au. Once you've selected the transaction account, click 'go to site' to complete an application. A debit card is typically sent to your residential address within two weeks of completing the application.

Do you compare joint accounts?

Yes, our joint bank accounts page lets you compare different types of joint bank accounts.

What does it mean if I overdraw on my debit card?

Overdrawing usually occurs when you've used your debit card when your transaction account balance is zero, which usually brings your account into a negative balance. If you have an overdraft attached to your account, this balance starts to attract interest. It's important to try and avoid overdrawing your account because the fees can be high, usually up to $20.

Can I use my debit card when I have no money in my account?

If you have an overdraft attached to your account, you will be able to use your debit card when your balance is $0. However, this will attract interest and a hefty fee. It's important to always ensure you have enough money in your account for automatic payments, such as your phone bill, as if the issuer tries to deduct the money from your account and it's empty, you will likely be charged a penalty.

What is a cash back debit card?

Some debit cards offer cash back on Visa payWave or Mastercard PayPass purchases under $100 in Australia. You normally need to make a minimum deposit, usually $1,000 or $2,000, into your transaction account every month to get the cash back reward on eligible purchases. In the case of joint accounts, either account holder can make the deposit requirements for the cash back to apply.

How do I know if my debit card has PayPass or payWave?

Take a look at your debit card and see if it has the payWave or PayPass symbol on the front. If it doesn't you can call your bank to get a new card.

What are foreign transaction fees and which banks do not charge these?

Foreign transaction fees are applied when you use your debit card to make purchases overseas, or online with a website that doesn't accept Australian dollars. It's a fee charged for having to convert the currency, and it's usually around 3% of the value of the transaction. Currently, the Citibank Plus transaction account and the Macquarie Bank Platinum Transaction account do not charge this fee.

What is the CVV number on my debit card?

The Card Verification Value (CVV) is a three digit number found on the back of your debit card. On American Express debit cards, the CVV is four digits. This number is used to verify your debit card and helps to reduce fraud, by proving to the merchant that you have the physical debit card with you when making a purchase online or over the phone.

You may also be interested in

What are the features of a debit card?

When you are looking for a transaction account, the type of debit card that comes with it should play a role in your decision:

  • No monthly fees. You can compare fee-free bank accounts here to ensure you don't get charged for having a debit card.
  • Third party logo. Having either Visa or Mastercard stamped on the card will increase the flexibility and benefits in spending that a debit card provides.
  • One or multiple ATM networks for free. This is linked to the bank you choose, but you will want to find a debit card that has access to a large number of ATMs for free. Bankwest and Commonwealth Bank's ATM network is currently the largest in Australia.
  • Contactless technology. Some debit cards enable you to make purchases using Near Field Communication (NFC) without having to swipe your card or enter a pin. Called tap & go, the feature lets you pay for items, usually costing $100 or less, by holding your card to a reader.
  • Fraud protection. You need to protect your debit card from theft and improper use. Make sure you have a unique PIN number set and keep your debit card safe.
  • Other security measures. Check what security features your bank provides with your debit card. Your debit card should have secure PIN and chip technology. Also, check to see if you are responsible for unauthorised charges.
  • Debit cards for students. As a student, you can receive a range of benefits from your debit card, including no monthly fee.

Debit card fraud: is your money at risk?

What is debit card fraud?

When someone else obtains your card details and makes transactions on your card without you knowing. If you report a fraudulent transaction on your card, your bank should deactivate your card to prevent the person from making anymore transactions.

You should always check your debit card statement to make sure all the transactions listed are legitimate. This will help you identify any unusual activity.

Lost or stolen cards

If your card is lost or stolen, let your bank know straight away, even if your overseas. In most cases, you can get a replacement card as soon as possible and your bank can stop all transactions on your account.

Can I get a refund on fraudulent transactions?

This depends on your bank and the situation. Many of the bigger banks offer a 100% money-back guarantee on fraudulent transactions if you comply with the card's conditions of use. For more information, speak to your financial institution.

Back to top

What are the advantages of using a debit card?

  • You have easy access to cash. Your debit card allows you to withdraw money from your account without having to go to a bank.
  • You can make purchases overseas or at local shops. With a debit card you don’t need to carry cash in order to make purchases.
  • You can shop online. If your debit card has a credit card logo, you can use it to make purchases online.

What are the drawbacks of using a debit card?

  • There are usually monthly fees. Read the terms and conditions carefully to discover if your bank charges fees for using your debit card.
  • You have to use an ATM in your network. Banks have their own network of ATMs and using your debit card outside of the network could result in added charges to your account.
Back to top

What are the dangers of using a debit card?

As a link to your personal or business funds, you should be careful in the way that you use your debit card. Some things to avoid are:

  • Overdrawing too much and being charged dishonour fees. If you are not keeping careful track of the money available in your bank account, you may accidentally go over the limit which could result in bank fees.
  • Ensuring it doesn't get lost or stolen. If your debit card is lost or stolen and because your debit card is linked to your transaction account, you could have your funds withdrawn without your permission. Luckily, banks today have technology to identify unusual transactions and will typically notify you of the transaction.

What should I do if I’ve noticed my Visa or Mastercard accounts are displayed incorrectly online?

First check your recent receipts and transactions made by any of your additional cardholders. If there is still a discrepancy, contact your bank immediately in case someone is using your account fraudulently.

Why do banks approve transactions when I don’t have sufficient funds? Is there any way to stop this?

This could be the result of a direct debit that posts at the same time as a purchase or credits to the account not clearing as quickly as you thought. You can avoid paying overdrawn account fees by applying for an overdraft account.

I've tried to withdraw cash from my account using an ATM but it's miscalculated the money. What should I do?

If this occurs, try to contact your bank as soon as possible to notify them of the problem. They should be able to get in touch with the branch who takes care of the ATM and sort it out.

Common questions about debit cards

Typically, you will need to link your savings account to the transaction account that your debit card is linked to. In most cases you will need to transfer the money into your transaction account first before you can use the debit card to withdraw it.
Notify the bank immediately so that they can put a stop on the card. They will then issue a new one as a replacement.
Yes, you can ask for additional cards (typically up to two cards) for family members or business associates, but as the primary account holder you will still be responsible for any actions taken using those cards.
You can use most debit cards overseas, but be mindful that fees and charges can apply so check the Product Disclosure Statement.
Australian minors who have a transaction account in their name can still get a debit card, but it may not be a Mastercard or Visa.

finder.com.au featured debit cards

Compare what the debit cards below have to offer

Debit cardContactless AppATM network details
NAB Classic BankingNAB Pay (Only compatible with Android 4.4+)NAB and RediATM (3,400 ATMs)
ANZ Access AdvantageApple Pay, Android Pay (Compatible Apple and Android devices)ANZ (2,600 ATMs)
ING Orange EverydayAndroid Pay (Compatible Android devices)Any ATM in Australia if you deposit $1,000+ that month
CommBank Smart AccessTap & Pay (Only compatible with Android 4.4+) and PayTag (iPhone)CommBank and Bankwest (4,000 ATMs)

Savings Account Offers

Learn about our information service
HSBC Serious Saver

Maximum Variable Rate

3.00

Standard Variable Rate

1.60
Bankwest Hero Saver

Maximum Variable Rate

2.60

Standard Variable Rate

0.01
Bank Australia Bonus Saver Account

Maximum Variable Rate

2.60

Standard Variable Rate

0.15

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.

12 Responses

  1. Default Gravatar
    ManuelaJuly 24, 2017

    hi
    Is there a debit/master card where I can have multi cards (a card for my partner and myself) and can earn Qantas points or rewards points?
    Thanks

    • Staff
      DanielleJuly 27, 2017Staff

      Hi there!

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.

      Cheers,
      Danielle

  2. Default Gravatar
    MaryJuly 1, 2017

    Are there any banks issuing access cards for everyday transactions that do not have the PayWave or contactless pay attached? I have been burnt already by Pay N Go type card and it’s very inconvenient. I don’t want it but my current bank said it can’t issue any card now without this as it’s set by Visa!

    • Default Gravatar
      JonathanJuly 1, 2017

      Hi Mary!

      Mastercard Paypass and Visa Paywave is an in-built credit and debit card technology that lets you make contactless payments. You can tap your card against the contactless reader and purchases under $100 are processed in seconds. There’s no need to enter your PIN. This also helps prevent card fraud.

      It will be hard pressed to find a debit card that is not contactless. However, there may be travel cards that don’t have this feature. You can find them right here including the full-guide as to how this may be an alternative.

      Hope this helps.

      Cheers,
      Jonathan

  3. Default Gravatar
    KevrubMarch 8, 2017

    Pl advise best debit card for use overseas with zero or min transaction and or other fees. Prefer ANZ, CBA or NAB but would like comparison of other inexpensive cards.
    Impending overseas trip to Asia including South Korea & Japan.
    Thanks

    • Staff
      AnndyMarch 8, 2017Staff

      Hi Kevrub,

      Thanks for your question.

      If you are travelling to Japan and other countries in Asia, you may want to compare your debit card options here. We also have useful travel money tips on the same page.

      Cheers,
      Anndy

  4. Default Gravatar
    DjrediFebruary 10, 2017

    I don’t have a drivers license and was hoping my DSP health care card from centrelink would suffice ? Or a NZ issued passport ? Thank you for your help ,

    • Staff
      AnndyFebruary 12, 2017Staff

      Hi Anton,

      Thanks for your question.

      If you are looking to apply for a debit card, the requirements may differ among the different providers. For most debit cards, you can use any two forms of the following identifications:

      - Driver’s licence
      - Passport
      - Medicare card
      - Birth certificate

      You can check the details of the requirements and eligibility criteria to apply for a particular card by clicking its name on our comparison table above.

      To check the card’s terms and conditions and open an account, you may click the ‘open’ button.

      Cheers,
      Anndy

  5. Default Gravatar
    KevinJanuary 26, 2017

    Does anz ATM machines have cardless withdrawal

    • Staff
      AnndyJanuary 26, 2017Staff

      Hi Kevin,

      Thanks for your question.

      Currently only Commonwealth Bank, Westpac and St.George have cardless cash withdrawal option.

      For more information about cardless cash withdrawal, please refer to this link.

      Cheers,
      Anndy

  6. Default Gravatar
    JimJuly 13, 2016

    What is the maximum amount that can be assigned to a debit card?

    • Staff
      ClarizzaJuly 13, 2016Staff

      Hi Jim,

      Thanks for your question.

      There’s generally no maximum amount for accounts linked to your debit card. Check the account terms and conditions with your bank if you’re unsure.

      Hope this helps.

      Clarizza

Ask a question