Our verdict

Community First Bank gives you plenty of options to customise your everyday account to meet your needs.

This account could be suited to customers who have another banking product with community First, for example a home loan, and want to link a day-to-day account they can easily access. However, there are quite a few additional fees charged with this account in comparison to other everyday transaction accounts.

There’s no monthly account keeping fees, but there is a $2 monthly fee if you choose to link a debit card to the account. However this fee is waived if you also have a home loan with Community First. There’s also a fee of $1.10 when you use your debit card for EFTPOS purchases, a $1.50 fee for all ATM withdrawals in Australia, a $5 fee for overseas ATM withdrawals and a 3% international transaction fee.

It is, however, free to use your debit card for purchases when you select ‘credit’ at the terminal, and all BPAY payments are free of charge.

Pros

$0 account keeping fee
Linked Visa debit card

Cons

international transaction fees apply
$5 Overseas ATM Withdrawal Fee
Fees may apply to transactions

With the Everyday Access Account you have the buying power of a Visa debit card plus you get to choose if you need an overdraft, cheque book or deposit. This lets you personalise your everyday banking account to suit you.

Details

Key details

Product Name	Community First Bank Everyday Access Account
Monthly account fee	$0
Card access	Visa
Own network ATM fee	$1.50
International ATM Fee	International ATM fee $5
International transaction fee	3%
Monthly deposit required to waive account fee	N/A
Contactless Payments	Apple Pay, Google Pay, Samsung Pay

Eligibility

Minimum Age	18
Joint account availability	Yes
Minimum opening deposit	N/A

Key features

Picture not described

Membership

In order to take advantage of the Community First Everyday Access Account you must first become a member of the Community First Bank. This step can be completed as a part of applying for the account.

Monthly account keeping fees

Community First does not charge a monthly service fee for this account.

Debit card

You have the choice of a Community First Debit Card or McGrath Visa debit card. With both cards you are able to access your account and make withdrawals at any of the 3,000 rediATMs in Australia.

Visa debit card

The Visa debit card gives you the same flexibility for making purchases and withdrawals as the credit card would, except the funds are withdrawn directly from your account. You can use this card when shopping in a store, online or even over the phone.

Options

To make the account more convenient for your circumstances, you can choose to add an overdraft account, personal cheque book or a personal deposit book.

Deposits

Deposits can be made electronically, at a Community First service centre or over the counter at a NAB branch.

How to apply

Eligibility

If you find that the features of the Community First Everyday Access Account are in line with your banking needs, you can apply online. There are some eligibility requirements you will need to have to meet first in order for your application to be considered:

Minimum age. Applicants will need to be at least 18 years of age in order to be considered for the Everyday Access Account.
Residency requirements. You can apply so long as you are an Australian resident with an Australian residential address in Sydney and the Central Coast Region.

Depository requirements. There are no deposit requirements made by Community First in order to open this account.

Documentation needed

If you are not already a member of Community First you will be directed to fill out a membership application first. This will also entail paying a onetime $2 fee to become a shareholder in the credit union. In addition to your new membership number you will also need the following documentation in order to complete the application in its entirety:

Tax file number. Your tax file number (TFN) or exemption code is not mandatory, but it does help in ensuring that your earned interest is having any taxes withheld at the correct rate.
Identification. Your passport, Medicare card or driver's licence will serve as identifying documents for filling out the application.

What happens after I submit my application?

While you are applying you will also be asked to choose the type of debit card you wish to have linked to the account as well as whether you need cheque book or passport access. After your application has been submitted and approved you will be notified of the details of the account and your debit card will be mailed to the address you provided.

Compare other transaction accounts

1 - 7 of 213

Name	Monthly fee	Govt. Guarantee	Own network ATM fee	Card type
Newcastle Permanent Everyday Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare
MyState Bank Glide Account Apple Pay Google Pay Samsung Pay Garmin Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare
St.George Complete Freedom Account Apple Pay Google Pay Samsung Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare
Suncorp Bank Everyday Options Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare	Eligible Visa Debit cardholders can get cashback when using their card to shop at partner retailers.
ING Orange Everyday Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa	Go to site More Info Compare	1% cashback on utility bills (T&Cs apply)
Revolut Account Apple Pay Google Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Visa and Mastercard	Go to site More Info Compare
Up Everyday Account Finder AwardApple Pay Google Pay Samsung Pay Garmin Pay	Monthly fee $0	Government Guarantee	Own network ATM fee $0	Card type Mastercard	Go to site More Info Compare

Showing 7 of 7 results

Sources

Your reviews

No reviews yet. Write a review

Ask a question

To ask a question simply log in via your email or create an account.

Ask a question

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

You are about to post a question on finder.com.au:

Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
finder.com.au is a financial comparison and information service, not a bank or product provider
We cannot provide you with personal advice or recommendations
Your answer might already be waiting – check previous questions below to see if yours has already been asked

Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Community First Everyday Access Account

Pros

Cons

Key features

Membership

Monthly account keeping fees

Debit card

Visa debit card

Options

Deposits

How to apply

Eligibility

Documentation needed

What happens after I submit my application?

Compare other transaction accounts

Your reviews

Important information about this website

Advertiser disclosure

How we make money

Sorting and ranking products

Terms of service and privacy policy