Finding a bank account that works hard for you

If you have a job, receive government benefits or want to pay your bills easily you’ll need a bank account. You may even need more than one. To join the 20 million customers who hold Australian bank accounts, take some time to find one that best suits your needs.

You can select a bank with a physical presence or an online bank. Credit: Handsome Bob/Getty Images

You can open an account in person or online.

• Online accounts might have less customer service but high interest rates.
• Avoid monthly fees by shopping around or sticking to the account conditions.
• The Australian government protects your account up to $250,000.