Reduce my Fees

We want to help you avoid or reduce the amount you spend on fees so you can spend money on the things that matter.

Reduce my fees

STEP 1

Think about cash withdrawals

Did you know that Australian Military Bank account holders get free cash withdrawals and deposits at all our branches across Australia?
 
And, as an Australian Military Bank cardholder you’re eligible to useour fleet of ATMs free of direct charge. 
 
Hint: If you’re withdrawing cash from another provider’s ATM network, it might be a good idea to increase the amount of your withdrawal rather than the frequency of your withdrawals. This way you can keep your transaction costs at a minimum.


Find your nearest Australian Military Bank ATM

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STEP 2

For Visa DEBIT select CREDIT

Want to save money on your debit card purchases? Next time you’re out shopping and you use your Visa Debit card to make a transaction, select the ‘credit’ button instead of ‘savings’.
 
Pressing ‘credit’ doesn’t mean you’re paying by credit but it does mean you’ll save on transaction fees because your transaction will not incur an EFTPOS fee.
 
Hint: every time you use Visa payWave, the transaction automatically selects ‘credit’, meaning you save on transaction fees.

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STEP 3

Check your accounts!

Don’t get caught out by overdrawn fees because you’ve forgotten about your monthly car insurance payment. Check your accounts regularly, so you know exactly what’s in your account and how to plan for upcoming expenses. 
 
As an Australian Military Bank member, you can also opt in to receive SMS Alerts when your account balance falls below an agreed amount. Just log into Online Banking and access ‘More Services’ to set up your SMS Alerts.

Learn more about Online Banking

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STEP 4

Get rewarded

With the Australian Military Bank Relationship Reward program, the more you save and borrow, the less you pay in fees. 
 
That means, when you roll your loans and savings over to an Australian Military Bank account, you can help offset the amount you pay in fees. 
 
When your total average monthly balance (of savings and loans) falls between $5,000 and $19,999.00 you are eligible for a maximum rebate of $5 per month to cover ATM, EFTPOS, direct debits, BPAY® and online external transfers.

You can earn Relationship Reward Rebates of up to $50 per month that can offset or eliminate your eligible fees. These allowances are listed below and are dependent on the combined balance of your savings and loan accounts.

 

Combined balance of Loans & Deposits Maximum Rebate per month
$5,000.00 to $19,999.99 $5
$20,000.00 to $49,999.99 $10
$50,000.00 to $99,999.99 $20
$100,000.00 to $199,999.99  $35
$200,000.00+ $50
Junior Saver members Additional $5 per month, to maximum $50


Read more about our Relationship Reward.

Calculate your Relationship Rewards

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