Transaction Accounts
Find and compare transaction account rates, features and fees with Star Ratings. Transaction accounts are everyday accounts used to manage your finances. Most people tend to make many transactions during the month and thus, interest rates are negligible on most transaction accounts.
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Australia | New Zealand
Transaction Accounts Guide
Star Ratings
Star Ratings are a guide to help you if you are shopping for a new transaction account, or simply wish to find a transaction account that represents superior value for money. Only the top transaction accounts are given a Five Star rating.
Learn about transaction accounts
Star Ratings Library
Looking for a previous transaction account star ratings report? The Star Ratings Library lets you find the best rates, features, and star ratings from previous transaction account reports.
Visit the Star Ratings Library!
CANNEX star ratings are a benchmark to help you compare financial products based on their rates and features.
Only the top 5% of products are awarded the prestigious five star status.
Transaction Account Videos
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CANNEX Comments
Avoiding transaction fees |
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"The most effective way to avoid fees is to shop around. Some transaction accounts offer unlimited transactions for a fixed fee per month. These accounts can offer superior value if you are the type of person to withdraw $20 at a time from the ATM. Finding an account that caters to your transaction habits can be challenging, but it's worth it." - Steven Mickenbecker, CANNEX Head of Research, Product and Strategy. |
What's your monthly fee? |
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"If you have a transaction account, chances are you're being charged a monthly fee. It's a good idea to find out what fee you're paying, so you know if you're getting a good deal. Compare the fee to similar transaction accounts offered by other banks. Ask yourself, do I need an unlimited account or am I better off paying as I go?" - Peter Arnold, CANNEX Analyst. |