Everyday accounts for...
New to Australia?
Sort out your day to day banking in Australia with an everyday bank account.
Concession
A basic, low-cost account for individuals who hold a Concession or Health Care card, receive an Australian Government benefit payment that makes you eligible to hold a card, or are a low or no income earner.
Retirees
An everyday account for eligible retirees aged 55 or older. Offers interest on your balance while still letting you deposit or withdraw funds.
Why BankSA?
No monthly fees
Pay zero account-keeping fees to manage your account, regardless of how little you deposit each month.
Bank wherever, whenever
Enjoy freedom and flexibility with the convenience of Internet Banking and Mobile Banking.
Rewards and offers
Check out all the extra value available to debit card holders1, in our My Offers Hub2 and ShopBack.
Savings & Transaction offers
4.40 % P.A.
Total
variable rate
Earn up to 4.40% p.a. with a variable base rate of 0.10% p.a., and a variable bonus* rate of 4.30% p.a. on an Incentive Saver account. Only on balances remaining below $250,000.
T&Cs apply#
$50
when you bank
and save together
Open a new Complete Freedom account with an eligible savings account by 20 April 2026.
Deposit $50 within 10 days, and we’ll drop $50 straight into your savings.
New customers only. T&Cs apply.^
Shop through ShopBack. Get Cashback.
Link and pay with your eligible BankSA debit card to get exclusive bonus Cashback when you shop on the new BankSA Lounge on the ShopBack app.
2. My Offers Hub available to all eligible consumer debit and credit card customers.
* Grow your account balance by at least $50 a month (for customers 21 or over) or $0.01 a month (for customers under 21), excluding interest paid, ensuring your account balance remains between $0 - $249,999.99.
This promotion runs from 1 February 2026 to 20 April 2026.
Eligibility criteria:
You must:
- Not have held either a transaction account or savings accounts with BankSA in the last 2 years (applies to both account holders for joint accounts)
- Open a new Complete Freedom Account AND, either an Incentive Saver OR Maxi Saver. Accounts must be in the same name, and active and ready to use.
- Open both accounts and deposit $50 or more into your Complete Freedom transaction account within 10 calendar days. Deposit(s) must be processed (not pending) by the 10th day.
- Deposit must be customer-initiated and does not include interest payments into the account.
- Keep the account open for a minimum of 60 days after your eligible deposit.
If you meet the above:
- You're eligible for a one-time $50 payment.
- The $50 payment will be made to your Incentive Saver / Maxi Saver account within 60 days of you meeting all Terms and Conditions and eligibility criteria.
- If you open more than one Incentive Saver / Maxi Saver account, the $50 cashback will be made to one account only. It will be the first savings account opened and active.
Read the Terms and Conditions (PDF 756KB), including for fees and charges that may apply, before making a decision and consider if it is right for you.
Read the Apple Pay Terms and Conditions (PDF 103KB) before making a decision and consider if it is right for you. To use Apple Pay you will need an eligible card and a compatible device with a supported operating system. See our Apple Pay FAQs for more information. Apple, the Apple logo, Apple Pay, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
Read the Google Pay Terms and Conditions (PDF 116KB) before making a decision and consider if it is right for you. To use Google Pay you will need to use a compatible device with a supported operating system. See our Google Pay FAQs for more information.
Read the Samsung Pay Terms and Conditions (PDF 63KB) before making a decision and consider if it is right for you. To use Samsung Pay you will need to use a compatible device with a supported operating system. See our Samsung Pay FAQs for more information.
Internet connection may be needed to make purchases using Google Pay and normal mobile data charges apply.
Android, Google Pay and Google Play are trademarks of Google Inc.
Samsung and Samsung Pay are trademarks or registered trademarks of Samsung Electronics Co., Ltd.