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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Rural Bank Everyday Community Account

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Rural Bank Everyday Community Account

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Account keeping fee
$0
ATM withdrawal fee
$0
Overseas ATM withdrawal fee
$4
Overseas transaction fee of transaction value
2%

Summary

If you run a not-for-profit organisation, you will want to read about the features of this account.

Designed for not-for-profit groups, the Rural Bank Everyday Community Account pays interest on your balance for no monthly fee. With multiple access methods, Rural Bank gives you plenty of ways to take care of your business and manage the organisation’s financial concerns.

Pros

  • $0 monthly service fee
  • Minimum opening balance of just $1
  • There is $1 minimum ongoing balance

Cons

  • Interest is variable and subject to change

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 Rural Bank Everyday Community Account
Monthly account fee $0
Card access Visa
Own network ATM fee $0
International ATM Fee $4
International transaction fee 2%
Monthly deposit required to waive account fee N/A
Contactless Payments N/A

Eligibility

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

Key features

$0 monthly service fee

There is no monthly account keeping fees with the Everyday Community Account.

Minimum account balance of $1

You must maintain an ongoing balance of at least $1.

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How to apply

If your community not-for-profit group or organisation would benefit from the Everyday Community Account you can request for a phone or email from a member of the Rural Bank customer service team. In order to deem whether or not you are eligible for this account they will ask you a few questions first. To help you prepare, below is a list of information that may come in handy when applying for the Everyday Community Account.

Eligibility

  • Minimum age. While there is no stated age requirement for this account you will need to be an authorised representative of a not-for-profit group or organisation, with the authority to open a banking account on its behalf.
  • Residency requirements. This account is designed for Australian residents for use with an established Australian not-for-profit organisation or community group.

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Alison Finder

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