Paying with a debit card is often quicker and more convenient that any other option but it could cost you a lot with the wrong card in hand.
Despite access at almost every store and countless ATMs along the streets, there are still all kinds of fees you may pay for using a debit card.
Unfortunately, the more regularly you use your card, the greater chance there is of being charged for things like non-bank ATM transactions or overdrawn accounts.
But if you wish your debit card could do more for you and steer clear of fees, here are three accounts you may want to consider.
Citibank has made this debit card account completely fee free for use in Australia.
Unlike some of the other banks offering fee free everyday debit cards, Citibank does not require any minimum monthly deposits – it is always fee free.
You also get membership to the exclusive Citibank Dining Program, which offers cardholders an award-winning bottle of wine when dining at participating restaurants around Australia, taking debit card convenience to a whole new level.
HSBC Day To Day
The HSBC Day To Day Visa debit card is another fee-free account option currently offering no monthly fees.
This debit card account can also be easily linked to other HSBC banking products like savings accounts to make banking as easy as possible.
The NAB Classic debit card account is another fee free option, even going so far as to waive overdrawn fees that other banks may charge.
This means you can use your debit card without worrying about extra charges if you accidentally spend more than the balance in your account. NAB has also developed convenient mobile banking options so that you can access account details in as many ways as possible.
These three debit cards are great examples of the ways banks are adapting to suit frequent debit card users.
By comparing cards like these, you should be able to find the best ways to manage your money without paying more for the convenience.