---
title: "Safeguard Transaction Account — Border Bank"
description: "Transaction & Savings Accounts from Border Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/border-bank/products/0bbfd4d4-c301-46ce-8248-d5ad19055ef1
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-29T00:55:43.585Z
---

# Safeguard Transaction Account — Border Bank

> Transaction & Savings Accounts from Border Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts**

This account helps you avoid exception fees such as Overdrawn Service fee and Dishonour fees. Your funds are at call and earn daily interest. You
can set up bill payments and direct entries and use internet and phone
banking on this account.

## At a glance

- **Base rate:** 0.01%

## Apply

Applications are handled by the provider: [Apply at Border Bank](https://www.borderbank.com.au/online-membership-application/)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Balance $0 to $499) | 0% | Tier 1 | every 6 months |
| Variable (Balance $500 to $20,000) | 0.01% | Tier 2 | every 6 months |
| Variable (Balance $50,001 or more) | 0.01% | Tier 4 | every 6 months |
| Variable (Balance $20,001 to $50,000) | 0.01% | Tier 3 | every 6 months |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Document Retrieval Fee — Minimum $22.77 per hour retrieval fee and minimum $30 per hour administrative fee | Event | $0.00 |
| Coin Handling Fee — Fee can also be 2 % of the amount whichever is the greater. Payable whenever coins deposited in a single month reach an accumulated value in excess of $100 | Event | $12.00 |
| Third Party Costs — At Cost | Event | $0.00 |
| Replacement Card Fee — Payable for any second or subsequent request for the replacement of a Visa Card. | Event | $10.00 |
| Visa Overseas Emergency Fee — Payable when you request an emergency replacement Visa Card or emergency Cash Advance overseas | Event | $175.00 |
| Direct Debit Dishonour Fee — Direct Debit Dishonour Fee per transaction | Dishonour | $9.00 |
| Counter Cash withdrawal $25,000 and over — Per cash withdrawal $25,000 or over | Withdrawal | $50.00 |
| Bank@Post Cash Withdrawal fee — Charged daily · Per transaction | Ongoing | $2.00 |
| Visa International Fees — Payable if and when you use the Visa Card overseas and the transaction is in a foreign currency. All overseas transactions are converted to Australian dollars and are subject to this fee as a percentage of the value of the transaction. A proportion of the fee may be retained by Border Bank. The amount of this conversion is 3% fee is subject to change from time to time and we will advise you in advance. | Transaction | 3% of transaction |
| Dormant Accounts fee — After 3 years an account is classed as dormant if no Member transactions occur. Interest, fees and government charges are not classed as transactions. | Event | $10.00 |
| Additional Statement Fee — 1.50 per page | Event | $5.00 |
| External Electronic Periodical Payments — If part of the Reduced Fees program, the first 3 transactions are free | Transaction | $1.00 |
| Counter Cash withdrawal fee up to $24,999 — First 3 free if part of Reduced Fees program | Withdrawal | $2.00 |

## Features

- **Direct Debits. Set up Direct Debits from this account**
- **Real-time payments (NPP)** (NPP allows participating banks and financial institutions to process, clear and settle Osko® Fast Payments (which are payments made and received in near real-time) and NPP Quick Payments. )
- **Bill payment (BPAY)** — BPAY (BPAY - for your bill payments with access to the BPAY system*)
- **Digital wallet** — Samsung Pay (Pay with your Border Bank Visa Debit Cards using Samsung Pay)
- **Verified by Visa is a service designed to ensure you are protected while shopping online with your Visa card. As you make a purchase online, Border Bank assesses the risk of the transaction based on a number of factors. In some instances, you may be asked to confirm some personal details (date of birth, mother's maiden name, address details) so Border Bank can be sure the card isn't being used without your permission.**
- **Card access** — Visa Debit (A Border Bank Easy Access Account offers all the features you could ask from an everyday access facility)
- **ATM withdrawals. Up to $1,000**
- **Digital wallet** — Apple Pay (Pay with your Border Bank Visa Debit Cards using Apple Pay)
- **Contributes to Reduced Fees Program. Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions as well as qualify for fee rebates.**
- **Digital wallet** — Google Pay (Pay with your Border Bank Visa Debit Cards using Google Pay)
- **Direct Credits. Set regular payments like your pay sent straight to your account**
- **Digital banking** (Phone Banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere using our online with Internet Banking – service is free.)
- **Digital banking** (Internet Banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere using our online with Internet Banking – service is free.)
- **PayID** (Mobile Number. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.)
- **Our Debit Card is issued with the Visa PayWave ‘contactless’ payment feature. This allows you to pay for purchases under $100 without swiping, signing, or entering a PIN at participating merchants.**
- **Eftpos transactions are free if on the Reduced Fees program, otherwise 25 transactions are free per month, thereafter will cost 0.55 per Eftpos transaction**
- **Free transactions** — 10 (In addition 4 other Financial Institution ATM withdrawal fees are rebated, max $8 a month if on Reduced Fees program. 10 free RediATM transactions if on Reduced Fees program)
- **Account allows Periodical Payments via Cheque and can also make External Periodical Payments**
- **Bank@Post. Withdraw cash at any participating Australia Post outlets with Bank@POST™**
- **Visa Preferred Rewards. Our Visa Card provides access to the Visa Entertainment program. This gives you the opportunity to purchase unique deals including preferred seating at special events, discounts on retail as well as other exclusive offers**
- **Free transactions** — 4 (All Members receive 4 RediATM transactions and are therefore charged 1.37 per transaction. 4 without Reduced Fees Program)
- **PayID** (Email Address. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address.)
- **Direct Credits. Set regular payments like your pay sent straight to your account**
- **Real-time payments (NPP)** (Yes)
- **Interest-free period** — 55 days
- **ATM withdrawals. up to $1000**
- **Periodical Payments. Can set up Periodical Payments**
- **Verified by Visa. Verified by Visa is a service designed to ensure you are protected while shopping online with your Visa card. As you make a purchase online, Border Bank assesses the risk of the transaction based on a number of factors. In some instances, you may be asked to confirm some personal details (date of birth, mother's maiden name, address details) so Border Bank can be sure the card isn't being used without your permission.**
- **Card access** — Credit Card (Can be used at over 29 million Visa outlets in over 250 countries around the world)
- **Visa PayWave. Our Debit Card is issued with the Visa PayWave ‘contactless’ payment feature. This allows you to pay for purchases under $100 without swiping, signing, or entering a PIN at participating merchants.**
- **Confirmation Of Payee**

## Eligibility

- **Residency status** — Australian Citizens
- **Individuals only** (Individual)
- **Residency status** — Australian Residents

## More information from Border Bank

- [Overview](https://www.borderbank.com.au/banking)
- [Terms & conditions](https://www.borderbank.com.au/important-documents)
- [Eligibility](https://cdn.mediavalet.com/aunsw/policebank/8Ha7VmkjWEm50sdypqbiyA/8ZmMkhi5AkeaqW5rxgRigA/Original/BBS11_Safeguard-Account-TMD.pdf)
- [Fees & pricing](https://www.borderbank.com.au/wp-content/uploads/2023/07/Schedule_of_fees_and_charges.pdf)

## Data provenance

- Published by Border Bank under the Consumer Data Right
- Product ID: `0bbfd4d4-c301-46ce-8248-d5ad19055ef1`
- Last updated by the provider: 29 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/border-bank/0bbfd4d4-c301-46ce-8248-d5ad19055ef1
- Provider page: https://www.cdrcompare.au/brands/border-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000392

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/border-bank/products/0bbfd4d4-c301-46ce-8248-d5ad19055ef1) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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