Everyday Account + Visa Debit Card for Young Adults & Students
You could get $50 cashback with our no-account-keeping fee, feature-packed Complete Freedom account. Minimum spend required. Read on to find out more.
Get $50 cashback on your new account
Open a new Complete Freedom account by 30 September 2025. Add your new Bank of Melbourne Visa Debit Card to your mobile wallet.
For new account holders who’ve not held a Complete Freedom account in the past 2 years.
Within 15 days of opening your account, spend a total of at least $50. The purchase(s) must be in person and contactless.
Mobile wallet only, through Tap & Pay.
Then, within 60 days of you meeting the spend requirements we'll deposit $50 into your Complete Freedom account.
Customers aged 18+ only. T&Cs apply*

Easy access to your money
Visa Debit Card
In a store, overseas, online or on the phone – pay for what you need with your own money using a Visa Debit card (if you are 14 years and over)2. If you’re heading overseas you can also use it for your travel expenses – from tickets and accommodation, to shopping worldwide anywhere Visa is accepted.
Mobile Banking
Manage your money on the go with the Bank of Melbourne mobile banking app. Not only can you check your account balance with just a swipe, you can also transfer money between accounts or to someone else, find your nearest ATM and keep tabs on your transactions.
Apple Pay
Fast, secure, contactless. Apple Pay lets you pay in-store and online with your Bank of Melbourne Visa Debit card using your favourite Apple device. Find out more
Young adult or tertiary student looking for an everyday account
Access to offers and benefits on popular lifestyle brands just for being an eligible4 cardholder

Shop through ShopBack. Get Cashback.
Link and pay with your eligible Bank of Melbourne debit card to get exclusive bonus Cashback when you shop on the new Bank of Melbourne Lounge on the ShopBack app.
Here are some clever ways you can manage your money
The legal stuff
Here’s how to get started
Types of ID you can use
Before making a decision, please read the terms and conditions and ensure you're aware of all fees and charges.
Terms and conditions including fees for Transaction, Savings and Investment Accounts (PDF 681KB)
4. Refer to Terms and Conditions for more details
*The $50 Cashback Promotion Terms and Conditions
This promotion runs from 30 June 2025 to 30 September 2025.
To be eligible you must:
- Be 18 years of age or older
- Not have held a transaction account with Bank of Melbourne in the last 2 years (applies to both account holders for joint accounts)
- Open a new Complete Freedom account (excludes Concession account) with a linked Visa Debit
- Add your new Visa Debit to a mobile wallet. Then, within 15 days of opening your new account use it to make in-person contactless payments that:
- Total $50 or more
- Are settled (not pending).
- Keep the account open for a minimum of 60 days after your eligible contactless payment.
Transactions that are not eligible:
- Using the physical card in-store, online or in-app
- ATM transactions
- BPAY
- EFTPOS cash out only transactions
- Gambling transactions
- Transactions made by credit card.
If you meet the above:
- You're eligible for a one-time $50 payment, regardless of the number of accounts you hold
- The $50 payment will be made to your Complete Freedom account within 60 days of you meeting all Terms and Conditions and eligibility criteria.
- If you open more than one Complete Freedom account, the $50 cashback will be made to one account only. It will be to the first one opened and active, whether a sole or joint account.
This promotion may be varied or withdrawn at any time. It is available in conjunction with any other offer.