There's no single bank account that's best for everyone as all our needs are different - and what's best for you might not be best for someone else.
We currently don't have that product, but here are others to consider:
How we picked theseMost bank accounts are fairly similar. Here are 5 great bank accounts that offer something a bit different:
Consider the following features when researching your options to help you find the best bank account for you.
It's ideal to look for a bank account with no monthly account keeping fees. If there are account fees, ask yourself if there are any extra features with the account to justify the fee.
If there are monthly deposit conditions to meet, make sure it's an amount that you're comfortable with.
If you like to bank in branch, the best bank account for you will likely be one that has branch access as some online banks don't. Or, if you do all your banking on your phone, check that the bank account can be accessed via a good mobile banking app.
If you like to travel regularly, the best bank account for you could be one that doesn't charge overseas ATM fees and international transaction fees.
If you're planning to open a linked savings account with the same bank, it's a good idea to look for one with a competitive interest rate.
Make sure the bank account offers the payment options that you want, for example BPAY, Apple Pay, Google Pay, Samsung Pay, PayID, tap and go with Visa payWave or Mastercard PayPass.
If you use cash and cheques, a bank account with a large ATM network and smart ATMs that accept cash and cheques might be best for you.
The best bank account will usually have some or all of the following features:
Ultimately, the right bank account for you will depend on your personal situation and how you plan to use the account. If you need more help deciding on the best bank account for you, consider the following:
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