In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other transaction accounts
  • Your reviews
  • Ask a question
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IMB Everyday Unlimited Account

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IMB Everyday Unlimited Account

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Fee Free Deposit
$2,000
Account keeping fee
$6
ATM withdrawal fee
$0
Overseas ATM withdrawal fee
$5

Summary

Keep a minimum balance in your transaction account and enjoy fee-free banking from IMB.

With IMB you have the advantage of an everyday spending account that waives your monthly fee if you keep the balance above the required amount. Use the linked Visa debit card the same as cash, even making withdrawals at over 3,000 ATMs across Australia. This is a transaction account that gives you a range of choices in how you are able to access your money.

Pros

  • Free internet and phone banking
  • Wide range of access of your money
  • Linked Visa debit card

Cons

  • There is $6 monthly account fee for accounts with monthly deposits of below $2000
  • international transaction fees apply
  • $5 overseas ATM withdrawal fee

In this guide

  • Review
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other transaction accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name IMB Everyday Unlimited Account
Monthly account fee $6
Card access Visa
Own network ATM fee $0
International ATM Fee $5
International transaction fee 2.5%
Monthly deposit required to waive account fee $2,000
Contactless Payments Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Eligibility

Minimum Age 18
Joint account availability Yes
Minimum opening deposit $1
Residency status Permanent Australian residents with an Australian address

Key features

Picture not described

Monthly account keeping fees

The $6 monthly account fee will be waived in months where you maintain a minimum balance of $2,000.

Transactions

Transactions are free using IMB channels.


How to apply

Eligibility

If you like the flexibility that the Everyday Unlimited Account affords, IMB makes it easy to apply right online. Before you begin your application, check to make sure that you are eligible for this account:

  • Minimum age. There is no specified age limit you need to be in order to open this account.
  • Residency requirements. In order to be a member of IMB you must be a resident of Victoria (VIC), Queensland (QLD), South Australia (SA) or the Australian Capital Territory (ACT). For the purpose of the Everyday Unlimited Account you must be a permanent resident, but not a tax resident or citizen of the United States.

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Alison Finder

Editor

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