Great Southern Bank Everyday 50+ Account
The Great Southern Bank Everyday 50+ Account ongoing benefits include a $0 monthly fee, interest earning of up to 2.20% p.a. on balances, FX Fee of 2.95%.
Updated 16 September 2025
Fact checked and verified. Updated 16 September 2025
Product Details
A Great Southern Bank Everyday 50+ is an interest-earning account, packed with features designed to make your everyday banking a little easier."
- Great Southern Bank
Fees
Account Fees
•
$0monthly account fee
Transaction Fees
•
2.95% overseas transaction fee
Interest on deposits
(% p.a.)
Deposit balance
Interest
$0 to $4,999
0.10%
$5,000 to $49,999
1.10%
$50,000+
2.20%
Interest rates for this product only apply to the portion of the account balance that falls within the given balance tier, not the whole account balance.
Features
•
For anyone aged 50 and over
•
No annual fee
TMD
Before applying for this product, you should read the Target Market Determination (TMD) available here on the Great Southern Bank website.
More information
^ Different interest rates may apply to different account balances. The interest rate displayed is the minimum rate applicable. Higher interest rates may apply when certain conditions are met. Rates are subject to change.
* A foreign currency (FX) fee may be charged on international transactions such as those made while travelling overseas or when shopping online with a overseas merchant.
While the fee is usually charged as a % of the transaction value, in some circumstances such as small value transactions there may be a minimum flat fee applied (eg. $5).
While the fee is usually charged as a % of the transaction value, in some circumstances such as small value transactions there may be a minimum flat fee applied (eg. $5).
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