Everyday Account
The IMB Everyday Account comes with a great range of access options and no monthly account keeping fee, you'll just pay for the transactions you do.
- Base rate
- 0.01%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0.01% | Up to $4,999.99$5,000 to $19,999.99$20,000 to $49,999.99$50,000 to $99,999.99$100,000 and over | every 6 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Special clearance on cheques Maximum charge. Charges either wholly or partly imposed by third parties. | Event | $16.00 |
| BPAY payment return | Event | $5.00 |
| Rejected post-dated BPAY | Event | $5.00 |
| Trace on Electronic Debit/Credit | Event | $20.00 |
| Default Notice fee A Default Notice fee of $30 will be debited from your deposit account or Personal Credit Line facility, where you are in breach of the PDS and/or the schedule and IMB issues a notice to you demanding monies. Refer to the PDS Member Guide to Transactional Banking for further information. | Event | $30.00 |
| Transfers between accounts to cover overdrawn balance | Event | $15.00 |
| Stop payment personal cheque | Event | $15.00 |
Features
- Card access — IMB Visa Debit Card and Cashcard available
- Visa Debit Card is not available to individuals under 15
- Additional cards
- Account holders may hold both a Visa Debit and Cashcard per eligible account
- Free transaction allowance
- IMB's Member Transaction Allowance applies to offset transaction fees on this account.
- Overdraft available
- A Personal Credit Line can be linked to this account type for eligible members. IMB lending criteria, terms and conditions, fees and charges apply.
- Digital banking
- Internet Banking and Mobile Banking App.
- PayID
- Create a PayID through IMB’s Internet Banking or Mobile Banking App to receive Osko payments.
Eligibility
- Pension recipients
- Individuals only
Constraints
- Opening balance — $1.00
Bundles
Online Term Deposit
Opening a Term Deposit online will also open an Everyday Online Term Link Account for you to deposit funds, if you don't already have one, which is an Everyday Account with added benefits.
An Everyday Online Term Link Account is an Everyday Account with the added benefit of a transaction fee free period. Not all product options are available online. Other interest rates, investment terms, minimum deposit amounts, interest payment frequencies, and interest payment options are available.
More Information
Published by IMB Bank under the Consumer Data Right · Last updated 28 May 2026 · Product ID TSA-4-1 · View on CDR.gov.au · View Source Data (JSON)