5 features to look for in an Everyday Bank Account this year

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Discover how having the right account features in place can help your everyday banking become a breeze.

When you're picking an everyday account, it's important to get the right features in place. After all, they're not all created equal!

Get started with Newcastle Permanent


👋 Hey there! We've partnered with Newcastle Permanent for this article, so we'll be using some examples of its products throughout. However, you should always read the product terms and conditions before signing up for a financial product

1. No monthly account-keeping fee

Account-keeping fees can chip away at your funds and leave you out of pocket.

For example, $5 a month adds up to $60 a year!

Sure, some accounts let you avoid them if you follow a very specific set of rules.

But you might be better off looking for an account that just doesn't have account-keeping fees.

By contrast, Newcastle Permanent doesn't have any hoops to jump through.

In fact, Newcastle Permanent doesn't charge monthly account-keeping fees on its Everyday Account.

This means more of your money is going where it needs to.

Ditch monthly fees


2. Unlimited free everyday transactions

Transaction fees are another place where you can really get stung.

So opting for an account that doesn't require transaction fees can be a great way to avoid excess costs.

The Newcastle Permanent Everyday Account has no fees on everyday transactions.

So you can purchase as you need to, without worrying about being charged extra.


3. Digital card access

In a smartphone-driven world, there's no real need to carry a wallet any more, is there?

Well, not with the right account.

The Newcastle Permanent app allows you to get access to an instant digital card linked to an Everyday Account.

There's no more need to worry about transferring money to friends later if you forgot your card at home.

You can just tap and pay on the go, using your phone.


4. Use mobile payments

Mobile payment systems like Apple Pay have taken on a new prominence in recent years.

Having a card that syncs with mobile payment systems – like the one included with a Newcastle Permanent Everyday Account – can make life much more convenient.

Eligible Visa Debit or credit cards can be added to both Google Pay and Apple Pay.

This makes it even easier to pay for a range of everyday expenses, both in-store and online.


5. 24/7 online access

We live in a 24/7 world. So it makes sense that you'd want 24/7 access to your money, too!

Newcastle Permanent's smart and secure app allows you round-the-clock access to your funds.

You're able to transfer money, make payments and organise your finances in a secure digital environment.


Get started with a Newcastle Permanent Everyday Account today

Newcastle Permanent, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273

Image: @Robert Kneschke via Canva.com
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