Great Southern Bank review

The monthly fee is AUD 0 on the everyday transaction account. The same figure shows at Monzo Flex (£0) and Wise (£0), so the account fee is not what separates this bank from the field; other charges matter more.

It is a debit card running on the visa network, issued by Great Southern Bank, which is based in Australia. Debit accounts for 74.7% of the card types in the comparison, so this is the mainstream pairing.

The transaction accounts are listed with multi-currency and travel features, so the everyday account suits people who hold or spend money in more than one currency. It is a debit card on the visa network from a bank based in Australia, so the card is the familiar type merchants already take.

The card and account come from Great Southern Bank, a bank founded in 1946 and based in Australia, so this is an Australian banking offer rather than a global one. The monthly fee of AUD 0 is listed against the everyday transaction account.

On monthly fee it sits at 1 among 379 brands compared, so it shares the lowest band. The account's own AUD 0 fee also matches Monzo Flex and Wise, which means the ranking is decided by what the card and account offer rather than by the fee.

It is not a crypto product. The card on offer is a debit card on visa, the account is listed with multi currency and travel, and the bank has been trading since 1946. Nothing here is aimed at spending crypto balances, so readers after that should weigh Bitpanda.

Monthly fees across the brands in the ranking run €0 to €148.23, so an account charging AUD 0 sits at the floor of the field. The choice then comes down to the account features, multi currency and travel, rather than the fee.