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MyState Everyday Account

Alison Banney
Alison Banney
Last updated:  

A flexible, everyday account with Apple Pay, Google Pay and Samsung Pay available.

The MyState Everyday Account is a flexible transaction account for day-to-day spending. Plus, with Apple Pay, Google Pay and Samsung Pay available you can use your smartphone to make payments in-store or online without the need for your debit card.

You'll pay no monthly account keeping fee each month you deposit at least $2,000, or if you're under 23 years old.

$2,000

Fee Free Deposit

$6

Account keeping fee

$0

ATM withdrawal fee

$5

Overseas ATM withdrawal fee

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Details

Product NameMyState Bank Everyday Account
Monthly account fee$6
Card accessVisa
ATM Withdrawal Fee$0
Internatonal ATM Fee$5
International transaction fee3%
Monthly deposit required to waive account fee$2,000
Contactless paymentsGoogle Pay, Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Expert review

Alison Banney

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.

Expert review

This account has a $6 monthly account keeping fee, which is higher than most other transaction accounts. It can be waived if you’re under 23 or if you deposit $2,000 a month (such as your salary, for example).

It comes with a Visa Debit Card which you can use to make unlimited free EFTPOS, Internet or mobile banking transactions in Australia, and you can make free ATM withdrawals at Big Four ATMs in Australia too. There is, however, a $5 withdrawal fee when using overseas ATMs as well as a 3% international transaction fee when making overseas purchases with the debit card. If you’re looking for a card to take when travelling, there’s a few cards available that waive these fees.

This account offers lots of different ways to pay, including Apple Pay, Google Pay, Samsung Pay, Fitbit Pay and Garmin Pay. You can also set up a PayID and receive money instantly from friends and family without needing to use your BSB and Account Number.

Key features

$0 account keeping fee if you deposit $2,000 per month

This account has a $6 monthly account maintenance fee which is waivable each month you deposit at least $2,000, or if you're under 23 years old.

Linked Visa debit card

This account comes with a linked Visa debit card that allows you to use your own money to make daily transactions in-store and online, both in Australia and internationally.

How to apply

You can apply online in less than ten minutes. Before beginning your application, make sure you meet the following eligibility requirements and have the below documentation handy.

Eligibility

  • Over 14 years old. You must be older than 14 years to apply for this account.
  • Australian resident. You must be an Australian resident with an Australian address.

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