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Following the Reserve Bank’s decision to increase the cash rate by 0.25%, together with other factors that influence our pricing, we are currently reviewing interest rate adjustments to our loans and deposits. We will announce these changes along with effective dates shortly.

We’re removing monthly $2 Inactive Account Fees

Date published: 1 October 2026

We’ll no longer be charging a monthly $2 Inactive Fee on inactive transaction or savings accounts.

Fee simplicity

Effective October 2026, we will no longer be charging a monthly $2 Inactive Fee on any transaction or savings accounts that are deemed inactive. 

Previously, a monthly $2 Inactive Fee would be charged where an account is deemed as inactive (no member-generated transactions for 12 months or more). From this month, we’ll be removing this fee across all Easy Street transaction and savings accounts. 

As a member-owned bank, we’re always looking for opportunities to improve the banking experience for our members. 

Do you need to do anything?

Account holders will not need to do anything. This fee will automatically be removed from October 2026. 

Need help?

If you have questions about your account or would like to understand how this change may affect you, our friendly team is here to help. Contact us on 1300 13 14 65 or send us a secure message through online banking.

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