People’s Choice Everyday Account

Make People’s Choice Credit Union your primary financial institution and you can benefit with a flexible everyday account for no monthly fee.

The People’s Choice Everyday Account links with a Visa debit card, giving you complete access to your money at rediATMs all over Australia. You also get around the clock access through internet and phone banking and the People’s Choice app. There is a monthly fee for maintaining this account, which you can have waived by taking advantage of other products offered by the financial institution.

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Shirley Liu

Last Updated Jan 5, 2021

$6.5

Account keeping fee

ATM withdrawal fee

Overseas ATM withdrawal fee

Overseas transaction fee

of transaction value

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Details

Product Name	People's Choice Everyday Account
Monthly account fee	$6.50
Card access	Visa
ATM Withdrawal Fee	$0
International ATM Fee	$5
International transaction fee	3%
Monthly deposit required to waive account fee	N/A
Contactless Payments	Google Pay, Apple Pay, Samsung Pay

Minimum Age	25
Joint account availability	Yes
Minimum opening deposit	N/A

Pros

Easy access of your account thru online, mobile and phone banking
Linked Visa Debit card with PayWave
Access to 3,400 RediATMs

Cons

Lack of branches in Australia

Review by

Shirley Liu

shirley@finder.com.au

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.

Expert review

A flexible transaction account with unlimited RediATM transactions, Visa Debit card purchases, Direct Debits, BPAY transactions as well as branch, agency, Bank@Post transactions.

Key features

Fees

There is a $6.50 monthly fee charged for this account. You can have that fee waived if you also have at least three of the following products; a term investment balance of at least $5,000, eligible pension, overdraft, Visa Credit Card, personal loan, mutual aid on your personal loan, motor vehicle insurance with the credit union, a home loan, investment loan, line of credit, mortgage repayment insurance with the credit union, home insurance through the credit union, a business banking relationship, member for at least 25 years or People's Choice life insurance. The fee is also waived if you have a financial planning relationship with People's Choice Credit Union.

Linked debit card

The account comes linked to a Visa debit card, which can also be linked with a Visa Pay Tag or a redi2PAY app.

ATM access

The Visa debit card can be used fee free for any number of transactions at all 3,400 rediATMs around Australia.

Other transactions

The Visa debit card can also be used to make point of sale purchases at any EFTPOS check-out and online. Visa payWave is also available, allowing you to make certain purchases without having to swipe your card or sign the receipt.

Accessibility

You can access the account at a branch, agency, Bank@Post, online, over the phone and through the People's Choice Credit Union app.

Direct debit

You can set up direct debit and BPAY to this account.

Other access

You can also set up a cheque book or overdraft facility to the everyday account.

How to apply

Eligibility

If you are already a member of the People's Choice Credit Union, you can login into internet banking and click on open an account to apply for the Everyday Account. If not, you will first have to fill out an application for membership. Before you begin your application, read the following eligibility requirements to make sure that this account is right for you:

Minimum age. This account is available for all members between the ages of 25 to 54.
Residency requirements. Australian permanent residents may apply for this account as well as temporary residents with a valid work visa.

Depository requirements. There is no minimum deposit required to open the account.

Documentation needed

Before continuing to the application page you should also gather together the following documentation in order to efficiently fill out the forms:

Tax file number. A tax file number (TFN) or TFN exemption code is not mandatory, but is used to ensure that any taxes on interest earnings is being withheld at the correct amount.
Identification. People's Choice Credit Union will attempt to confirm your identity online using one of the following identification documents; driver's licence, Australian passport, Medibank Private health insurance, or your employment visa and foreign passport.
Membership ID. Becoming a member of the People's Choice Credit Union requires a $2 fee and is open to any Australian resident.

What happens after I submit my application?

After reviewing the information submitted by you online, you will be notified of the details of your account, and the Visa debit card will be sent to the address that you provided. Once activated, you can begin to make your everyday banking transactions through your new account.

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People’s Choice Everyday Account