Safeguard is a special purpose savings account to help you avoid penalty charges such as overdrawn service fees and dishonour fees. Your funds are at call and earn daily interest.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 0.00% | Variable · $0–$499 | CDR | 1 Nov 2026 | |
| 0.01% | Variable · $500–$20,000 | CDR | 1 Nov 2026 | |
| 0.01% | Variable · $20,001–$50,000 | CDR | 1 Nov 2026 | |
| 0.01% | Variable · $50,001 or more | CDR | 1 Nov 2026 |
Report an error
Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://public.cdr.prd.policebank.com.au/cds-au/v1/banking/products/4198e705-fe5c-4253-a666-6e19e97ee0da- Content hash
sha256 1ad311325226c7814134c630d2341512706a5fa625b23eba4c8114160314c6aa- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_1ad311325226c781_bc0322bcShow details
- Checked
- 1 Nov 2026
- URL
https://public.cdr.prd.policebank.com.au/cds-au/v1/banking/products/4198e705-fe5c-4253-a666-6e19e97ee0da- Content hash
sha256 1ad311325226c7814134c630d2341512706a5fa625b23eba4c8114160314c6aa- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Bank@Post Cash Withdrawal fee | Periodic | $2.00 |
| Direct Debit Dishonour Fee | Dishonour | $9.00 |
| Counter Cash withdrawal $25,000 and over | Withdrawal | $50.00 |
| Coin Handling Fee | Event | $12.00 |
| Dormant Accounts fee | Event | $10.00 |
| Additional Statement Fee | Event | $5.00 |
| Third Party Costs | Event | $0.00 |
| Document Retrieval Fee | Event | $0.00 |
| Visa Overseas Emergency Fee | Event | $175.00 |
| External Electronic Periodical Payments | Transaction | $1.00 |
| Replacement Card Fee | Event | $10.00 |
| Counter Cash withdrawal fee up to $24,999 | Withdrawal | $2.00 |
| Visa International Fees | Transaction | 3.00% |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Npp payid | Email Address. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address. | |
| Free txns | 4 | All Members receive 4 RediATM transactions and are therefore charged 1.37 per transaction. 4 without Reduced Fees Program |
| Other | Direct Debits. Set up Direct Debits from this account | |
| Other | Periodical Payments. Account allows Periodical Payments via Cheque and can also make External Periodical Payments | |
| Digital wallet | Apple Pay | Pay with your Police Bank Visa Debit Cards using Apple Pay |
| Digital banking | Phone Banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere online with Internet Banking – the service is free. | |
| Bill payment | BPAY | BPAY - for your bill payments with access to the BPAY system* |
| Digital wallet | Samsung Pay | Pay with your Police Bank Visa Debit Cards using Samsung Pay |
| Other | Visa PayWave. Our Debit Card is issued with the Visa PayWave ‘contactless’ payment feature. This allows you to pay for purchases under $100 without swiping, signing, or entering a PIN at participating merchants. | |
| Other | Verified by Visa. Verified by Visa is a service designed to ensure you are protected while shopping online with your Visa card. As you make a purchase online, Police Bank assesses the risk of the transaction based on a number of factors. In some instances, you may be asked to confirm some personal details (date of birth, mother's maiden name, address details) so Police Bank can be sure the card isn't being used without your permission. | |
| Other | Visa Preferred Rewards. Our Visa Card provides access to the Visa Entertainment program. This gives you the opportunity to purchase unique deals including preferred seating at special events, discounts on retail as well as other exclusive offers | |
| Digital banking | Internet Banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere online with Internet Banking – the service is free. | |
| Npp payid | Mobile Number. Select the Contact Method that you would like to use for your PayID i.e. your mobile number or email address. | |
| Other | Contributes to Reduced Fees Program. Simply maintain a combined monthly balance of $5000 or more worth of savings, investments or loans and you will receive more fee free ATM and EFTPOS transactions as well as qualify for fee rebates. | |
| Free txns | 10 | In addition 4 other Financial Institution ATM withdrawal fees are rebated, max $8 a month if on Reduced Fees program. 10 free RediATM transactions if on Reduced Fees program |
| Other | Bank@Post. Withdraw cash at any participating Australia Post outlets with Bank@POST™ | |
| Digital wallet | Google Pay | Pay with your Police Bank Visa Debit Cards using Google Pay |
| Other | Direct Credits. Set regular payments like your pay sent straight to your account | |
| Other | ATM withdrawals up to $1,000 | |
| Npp enabled | NPP allows participating banks and financial institutions to process, clear and settle Osko® Fast Payments (which are payments made and received in near real-time) and NPP Quick Payments. | |
| Card access | Visa Debit | A Police Bank Easy Access Account offers all the features you could ask from an everyday access facility |
| Other | Eftpos transactions. Eftpos transactions are free if on the Reduced Fees program, otherwise 25 transactions are free per month, thereafter will cost 0.55 per Eftpos transaction | |
| Other | Periodical Payments. Can set up Periodical Payments | |
| Interest free | P55D | |
| Other | Direct Credits. Set regular payments like your pay sent straight to your account | |
| Npp enabled | Yes | |
| Card access | Credit Card | Can be used at over 29 million Visa outlets in over 250 countries around the world |
| Digital banking | Internet Banking. You can pay bills via BPAY and check your account details or make transfers anytime or anywhere using our online with Internet Banking – the service is free. | |
| Other | Visa Preferred Rewards. Our Visa Card provides access to the Visa Entertainment program. This gives you the opportunity to purchase unique deals including preferred seating at special events, discounts on retail as well as other exclusive offers | |
| Other | ATM withdrawals. up to $1000 | |
| Other | Visa PayWave. Our Debit Card is issued with the Visa PayWave ‘contactless’ payment feature. This allows you to pay for purchases under $100 without swiping, signing, or entering a PIN at participating merchants. | |
| Other | Confirmation Of Payee | |
| Eligibility: residency status | Australian Citizens | |
| Eligibility: natural person | Individual | |
| Eligibility: residency status | Australian Residents |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Variable · $20,001–$50,000 | 1 Nov 2026 | Current | 0.01% |
| Variable · $50,001 or more | 1 Nov 2026 | Current | 0.01% |
| Variable · $0–$499 | 1 Nov 2026 | Current | 0.00% |
| Variable · $500–$20,000 | 1 Nov 2026 | Current | 0.01% |
Registered channels
Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.People registered for this product
No one is registered for this product yet. Lender staff and brokers can join through verification.