Everyday Edge Account
Features & benefits
One great benefit of the Everyday Edge Account is that you can earn bonus interest by pairing it with an eligible savings account and meeting certain criteria every month.
For more info on which savings accounts pay bonus interest, their respective eligibility criteria, and how to ensure you don’t miss out, check out our Bonus Interest Tracker guide.
From easy, fast payments to account notifications to saving money as you spend, our Transaction accounts offer so much more for your everyday banking.
Benefits of the Great Southern Bank App
Our mobile app is packed with features to make banking on the go a breeze. Downloading it is super-simple, after which you’ll immediately be able to:
- Temporarily lock your card, report it lost or stolen, change your PIN, and much more.
- Check your balance and last six months’ worth of transactions.
- Easily share your account details with prospective payers.
- Take the pain out of making and receiving payments with BPAY or PayID.
- Add your Visa Debit card to your digital wallet.
- View the latest interest rates for your accounts.
Rates & Fees
For further information and details, see all Schedule of Fees, Accounts, and Access Facilities and Terms & Conditions.
Fees
| Monthly fee | $0 |
|---|---|
| Visa and PayWave purchases (domestic) | Free |
| Online/Internet payments | Free |
| eftpos cash out | Free |
Start your application today
Our Everyday Edge Account is designed for Australian residents aged 18 and above looking for a feature packed everyday transaction account.
If you’re new to Great Southern Bank simply fill out an online application and hit submit when done. If you’re already a customer, we’ll ask you to log in to Online Banking to start an application.
Once your account has been opened, your Great Southern Bank Visa Debit card should arrive in the mail within seven days^^.
Saving for something special?
Open a Home Saver Account and earn up to 5.25% p.a.+ bonus interest on balances up to $100,000, here’s how:
Frequently asked questions
An Everyday Edge Account is a feature-packed transaction account with no monthly fees and the chance to earn bonus interest on your savings by meeting certain eligibility criteria.
The eligibility criteria are different for each savings account and can be found on the relevant product pages. To take Home Saver as an example, you need to deposit $2,000 or more (e.g. your salary) into your Everyday Edge Account from a non-Great Southern Bank account and make at least five eligible Visa Debit card transactions each month to qualify.
- Those new to Australia
- Those switching banks for a better digital experience or low fees
- Someone opening a joint account with a partner or housemate
- Teens or students aged 18+ taking their first step towards financial independence
In exactly the same way as you qualify for bonus interest. So, to use Home Saver as our example again, you need to deposit $2,000 or more into your Everyday Edge Account from a non-Great Southern Bank account and make at least five eligible Visa Debit card transactions each month.
You can open an Everyday Edge Account with as little as $1. There is no minimum or maximum balance amount required. All you need to do is ensure you have enough funds to cover the purchases you make.
You most certainly can. The first thing you’ll be asked when applying is whether you require a single or joint account, after which it’s a case of providing proof of ID for both applicants and answering a couple of simple questions. For more information about the benefits of a joint account, check out our blog.
Yes. Money placed in a transaction account with a bank, building society or credit union is protected by the Australian Government’s Financial Claims Scheme (FCS).
The scheme protects deposits up to $250,000 per person, per financial institution. In the unlikely event that a financial institution closes you’ll have the peace-of-mind that your money is safe.
Yes. You’ll get a Visa Debit card with your Everyday Edge Account that can also be used with Google PayTM, Apple Pay and Samsung Pay.
The limit for Fast Payments made via PayID and OSKO is fixed at $5,000 and can’t be increased. You can, however, increase your daily transfer limit for Pay Anyone payments to a maximum of $30,000 via online banking. For more information on how to do this, take a look at our how-to guide.
Simply register for online banking or download our mobile banking app and follow the prompts.
We take security very seriously and have several features to keep your online and mobile banking safe and secure.
For starters, you’ll always need your customer number and password to log in to digital banking. You can also take advantage of our special features for extra security and peace of mind.
Our key security features include:
- Biometric login.
- Transaction notifications
- Security questions
- Change your password anytime
While we take proactive steps to fight fraud, it’s important that our customers also take an active role in keeping their accounts secure.
Our online security checklist contains more tips and tricks to keep your account secure. And as always, never share your password with anyone.
Great Southern Bank, a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL 238317. Conditions, fees and charges apply. This is general information and does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information, including the Terms and Conditions (T&Cs) booklet, before acting on it. The Financial Claims Scheme may apply to this product; refer to the T&Cs for more information.
Deposits up to $250,000 per account holder are guaranteed by the Federal Government under the Financial Claims Scheme.
The Everyday Edge Account does not earn interest.
* A fee rebate will be applied to your Everyday Edge Account on the first day of the next calendar month for all Great Southern Bank Visa Debit International Transaction Fees and Great Southern Bank Overseas ATM Cash Withdrawal Fees debited during the current calendar month if, prior to the last day of that calendar month: A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Edge Account; and B. At least 5 Visa Debit card purchases have been processed from your Everyday Edge Account and are not in pending status (excludes ATM withdrawals, eftpos cash out, balance enquiries and Bank@Post transactions). International non-Great Southern Bank fees may apply. Excludes eftpos Debit Card international transaction fees.
+ Rates current as at 22 May 2026. Rates and bonus interest criteria are subject to change. Interest is calculated daily and paid monthly.
Home Saver Account : The base rate of interest is payable on the whole balance held in your Home Saver Account. Bonus interest is applied on top of the base rate on balances up to $100,000 in a calendar month if, prior to the last day of that calendar month:
A. You receive deposits totalling $2,000 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank account into your Everyday Edge Account/s; and
B. At least 5 settled (not pending) Visa Debit card purchase transactions (card present and card not present transactions but excluding ATM withdrawals, balance enquiries, Bank@Post transactions, cash advances and EFTPOS cash out only transactions) have been processed from your Everyday Edge Account.
Goal Saver Account : The base rate of interest is payable on the whole balance held in your Goal Saver Account. Bonus interest is applied on top of the base rate on balances up to $50,000 in a calendar month if, prior to the last day of that calendar month:
A. You receive funds of $500 or more by electronic transfer (excluding telegraphic transfer) from a non-Great Southern Bank bank account into your Everyday Edge Account; and
B. At least 5 settled (not pending) Visa Debit card purchase transactions (card present and card not present transactions but excluding ATM withdrawals, balance enquiries, Bank@Post transactions, cash advances and EFTPOS cash out only transactions) have been processed from your Everyday Edge Account.
^ Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Samsung Pay is a trademark or registered trademark of Samsung Electronics Co., Ltd. Mobile network provider charges may apply. Access is subject to availability and maintenance, refer to our website for more information.
^^ To view the Target Market Determination for Debit Cards, please click here.
To view the Target Market Determination for this product, please click here.
To be eligible, you must be:
- 18 years old or over
- A resident of Australia with an Australian residential address
If you are new to Great Southern Bank, please have the following ready:
- An email address and contact number.
- Proof of ID. This can include a Medicare card, Australian passport, driver licence or Centrelink card.
If you are an existing Great Southern Bank customer, please have the following ready:
- Your existing customer number
- Access to Great Southern Bank Online Banking
- Not set-up in online banking yet? Register Now!
The Everyday Edge Account has been designed for customers aged 18+ who want a low fee product with features such as international card transaction fee rebates.
This product may not be right for you, if you:
- Want to offset your account balance against a Great Southern Bank Home Loan. Our Everyday account may be more suited to you.