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If you hold a senior’s card or Commonwealth Government Health Concession card, BankSA has an everyday banking account that takes your needs into consideration. Pay no monthly fees, yet still benefit from total access to your money in a variety of ways. This includes a Visa debit card which permits you to make purchases and withdrawals wherever Visa is normally accepted.
$0
Account keeping fee
$0
ATM withdrawal fee
$5
Overseas ATM withdrawal fee
3%
Overseas transaction fee
of transaction value
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Product Name | BankSA Concession Account |
---|---|
Monthly account fee | $0 |
Card access | Visa |
ATM Withdrawal Fee | $0 |
Internatonal ATM Fee | $5 |
International transaction fee | 3% |
Monthly deposit required to waive account fee | N/A |
Contactless payments | Google Pay, Apple Pay, Samsung Pay |
Review by
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
This account has all the same features and benefits of the BankSA Complete Freedom Account, except there’s no monthly account keeping fee and no ongoing balance requirements or deposit conditions to meet.
There are strict eligibility requirements, though, so this account isn’t available to all customers. To be eligible for this account you need to be a concession card holder with a senior’s card or a Commonwealth Government Health Concession Card.
If you’re a full-time student, you'll get the monthly account fee waived with the BankSA Complete Freedom Account.