| Card | Name | Monthly Fees | Account Details | Apply |
|---|---|---|---|---|
 |
HSBC Day to Day | $0* |
|
 |
 |
Woolworths Reloadable Prepaid | $0* |
|
|
 |
Citibank Plus Account | $0* |
|
|
 |
NAB Classic | $0* |
|
|
 |
ING Orange EveryDay | $0* |
|
|
 |
Bankwest Zero Account | $0* |
|
|
 |
Bankwest Hero Account | $0* |
|
|
 |
St. George Complete Freedom | $0* |
|
|
 |
ANZ Access Advantage | $5* |
|
|
While debit cards and ATM cards are often considered one and the same, there are several differences between these banking tools.
Most people use ATMs and EFTPOS facilities to access funds or pay for purchases on a daily basis, but not everyone thinks about how the card they are using could affect their options.
Most banks have switched from offering the more basic ATM cards to a MasterCard or Visa debit card option but some everyday account options will provide both.
Visa debit cards come with a number of NAB accounts but there is still a few steps to go through before you get the card in your hand.
The main everyday transaction accounts from NAB all come with debit cards, so anyone with a Classic, Gold or Retirement account will also be issues with a Visa option.
Most banks in Australia will advise customers of a 5-10 working day wait between applying for a debit card and receiving it, but NAB says it should only take 3-5 days for people to receive their cards.
Frequent Flyer reward programs are one of the most popular credit card features and it may only be a matter of time before debit cards add these point-based programs to their arsenal.
Bit by bit banks are bridging the gap between using your own money and using credit with features previously exclusive to credit cards.
Things like complimentary international travel insurance and exclusive promotions and discounts for MasterCard or Visa cardholders have become a staple of more premium debit card options.
Debit cards often get compared to credit cards in terms of convenience and access to funds but when it comes to fees there can be significant differences.
While debit cards do not have annual fees, unlike most credit cards, they can sometimes lead to monthly account fees that add up as the year goes on.
These fees tend to depend on the bank and the kind of account that is chosen, rather than the actual debit card.