Everyday accounts

Concession Account

A basic, low-cost account for individuals who hold a Concession or Health Care card, receive an Australian Government benefit payment that makes you eligible to hold a card, or are a low or no income earner.

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An everyday bank account with features to help you access your money with ease

$0 account-keeping fee
We’ve removed our account-keeping fee for all our customers, so there’s no need to make a minimum deposit each month 
$0 dishonour & overdrawn fees
If you have insufficient funds in your account to cover the transaction amount or your account is overdrawn
$0 ATM fees
ATM cash withdrawals in Australia (ATM providers may charge a fee – watch out for that!)
Fraud Protection
We’ll refund you 100% of any money taken from your account if you’re a victim of fraud provided you let us know right away1

Easy access to your money at home and overseas
 

Visa Debit Card

With a Visa Debit card you can use your own money to shop instore, online or over the phone. You can also use Visa payWave for purchases under $2003, so you all need to do is wave and go without needing to enter a PIN.

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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.

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.

Find out more

Features to help you keep track of your money

Spend Tracker

All your transactions grouped into categories to help you track your spending habit2

Quick Balance

Know exactly how much money you have on hand at a glance on your smartphone or watch

Card Lock

Misplaced your card? You can place a temporary lock on your card for up to 15 days while you look for it

Fees and charges

  • $0.00 Account-keeping fee
  • $0.00 Cash withdrawals on major bank ATMs in Australia (Certain ATM providers may still charge a fee)
  • $5.00
    Overseas withdrawal fee ($0 when you use our Global Alliance ATMs)
  • 3.00% Foreign currency conversion
  • $0.00 Overdrawn fee

Other fees and charges may apply. Please refer to the Terms and Conditions (PDF 692KB)

In detail

Before making a decision, please read the terms and conditions and ensure you're aware of all fees and charges.
T&Cs and Fees
Internet and Mobile banking T&Cs

How to apply?

To be eligible for this account with certain features applied (e.g. waiver of account–keeping fees), you’ll need to hold a Concession or Health Care card holder, receive an Australian Government benefit payment or be a low or no income earner.

A list of eligible payments can be found at Service Australia and Department of Veterans' Affairs.

Apply now online or apply in branch or over the phone

Concession Account​

Open now

Call us

13 22 66

Say "New account"  when prompted

Visit a branch

Find your nearest branch or mobile lender.

Find a branch

Not right? Try these.

Complete Freedom

Smart banking

Retirement Access Plus

For retirees

The Detail

1. To be eligible for a Visa Debit Card, you must have an Australian residential address and be 14 years old or over.

2. My Offers Hub is available to eligible consumer debit and credit card customers only.

3. Our Bank of Melbourne Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted St.George promptly. Refer to your card’s conditions of use for full details, including when a customer will be liable.

To be eligible for a Visa Debit Card, you must have an Australian residential address and be 14 years old or over.​

Read the Terms and Conditions (PDF 1MB) (PDF 692KB), including for fees and charges that may apply, before making a decision and consider if it is right for you.

Read the  Apple Pay Terms and Conditions (PDF 31KB) before making a decision and consider if it is right for you. To use Apple Pay you will need an eligible card and a compatible device with a supported operating system. See our  Apple Pay FAQs for more information. Apple, the Apple logo, Apple Pay, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

Read the Google Pay Terms and Conditions (PDF 54KB) (PDF 30KB) before making a decision and consider if it is right for you. To use Google Pay you will need to use a compatible device with a supported operating system. See our Google Pay FAQs for more information.

Read the Samsung Pay Terms and Conditions (PDF 54KB) (PDF 29KB) before making a decision and consider if it is right for you. To use Samsung Pay you will need to use a compatible device with a supported operating system. See our Samsung Pay FAQs for more information.

Internet connection may be needed to make purchases using Apple Pay, Google Pay or Samsung Pay and normal mobile data charges apply.
 
Android, Google Pay and Google Play are trademarks of Google Inc. 
 
Samsung and Samsung Pay are trademarks or registered trademarks of Samsung Electronics Co., Ltd.