Essential account

We’ve got the essentials covered

If you’ve been looking for a bit more flexibility in your everyday banking, look no further. With this account by your side, you’ll be able to manage your money with ease. Think no monthly fees, online and mobile banking, an extensive ATM network, and unlimited free eftpos and electronic transactions. Too good!

Essential account

Unlimited free card and electronic transactions

Dig into the details

Does the Essential account sound like a good fit for you? The good news is, you can open an account at any time with our online form.

Already a Hume Bank customer? Open your new account today by logging in to iBank and selecting the ‘Products’ tab.

Why pick our Essential account

When our customers asked for a straightforward, good value transaction account, we listened. That’s why we designed the Essential account – to give you everyday banking with more flexibility and less fuss.

No monthly fees

We’ve said goodbye to monthly fees2 to help keep your costs down.

Free withdrawals & deposits

We give you the flexibility to withdraw and deposit at any of our branches with no extra cost1.

Digital wallet compatible

We’ll give you access to your money anytime, anywhere.

Great value, plain & simple

With our Essential account you’ll have the freedom to bank wherever and whenever you want. Whether it’s the flexibility of an extensive ATM network or the convenience of online and mobile banking, we’ve got your everyday needs covered.

Browse features

Essential account

No monthly account keeping fees
Unlimited free card and electronic transactions
Visa Debit card available free of charge3 for customers aged 12+
Free branch withdrawals1 and deposits
Fully featured iBank and the Hume Bank App
Use your card with Apple Pay, Google Pay, Samsung Wallet, Fitbit Pay and Garmin Pay

Make your money work

Our online iSave account is designed to make saving simple and convenient.

With it, you’ll be able to access your money online anytime. All while earning a competitive interest rate on the cash you’re saving. Too good!

The low-down on our fees2

ActionCharge
Withdrawal – Bank cheque (at branch)$5.00

Get the ball rolling

Being owned by you means meeting our customers wherever they’re at. And that means having lots of ways for you to open an account with us – online, in person, or on the phone.

Let’s figure it out

We think banks should be more than a place to store your cash. Our tools and guides are practical and straightforward, helping you cut through the banking jargon to find the information you need.

Simple solutions for everyday banking

There’s no getting around it – banking is part of life. But that doesn’t mean it has to be hard! We’ve put together a collection of resources to help you make the most of your finances, no matter where you are in life.

Things you should know

Fees and charges and other information correct as at 7 June 2024 and may change without notice.

Terms, conditions, fees, charges and eligibility criteria apply.

Please read the Product Disclosure Statement and Fees & Charges and consider whether this product is right for you. Also available in branch or at 1300 004 863.

To view the Target Market Determination for this product go to Target Market Determinations.

Find out how to reduce your fees and charges.

1 The following are classified as transactions included as unlimited transaction: deposits and cash withdrawals at a branch (excluding bank cheques), eftpos transactions, external transfers at counter and all non-ATM transactions (including paywave) or regular payments using your Visa Debit card.

2 Non-standard fees may apply – refer to ’non-standard fees and charges’ in our Fees & Charges Document for details.

3 Visa debit card is available on this account free of charge to customers aged 12 and over. Transaction fees may still apply.

4 You must be 18 years or over to open an account online. If you’re under the age of 18, please call us on 1300 004 863 for assistance.

Chequebook access only available for individuals over 18 years of age on accounts that have an existing cheque facility attached.