Apex Everyday Account — Product Guide¶

Product Disclosure Statement
Effective Date: January 15, 2026
Product Issuer: Apex Bank Ltd (ABN 12 345 678 901, AFSL 234567)

The Apex Everyday Account is a fee-free transaction account designed for daily banking. Whether you are receiving your salary, paying bills, shopping in-store or online, or transferring money to friends and family, the Apex Everyday Account gives you complete control over your finances with no monthly account-keeping fees and real-time visibility of every transaction.

Overview¶

The Apex Everyday Account is a core transactional banking product that comes with a complimentary Visa Debit card accepted at millions of merchants worldwide. The account supports all modern payment methods including contactless tap-and-go, mobile wallets, BPAY, PayID, and international wire transfers. Customers receive real-time push notifications for every transaction, helping to monitor spending and detect unauthorised activity immediately.

There is no minimum balance requirement, no monthly fee, and no limit on the number of electronic transactions you can make each month. The Apex Everyday Account integrates seamlessly with the Apex Savings Account and other Apex products for a unified banking experience.

Key Features¶

• $0 Monthly Account-Keeping Fee: No ongoing fees to hold or operate the account, regardless of balance or transaction volume.
• Visa Debit Card: A complimentary Visa Debit card is issued with the account, enabling purchases at any Visa-accepting merchant globally. The card also functions as an ATM card across the Apex and partner ATM networks.
• Apple Pay & Google Pay: Add your Apex Visa Debit card to Apple Pay, Google Pay, Samsung Pay, or Fitbit Pay for fast, secure contactless payments from your smartphone or wearable device.
• Real-Time Transaction Notifications: Receive instant push notifications through the Apex Mobile App for every debit and credit transaction, including merchant name, amount, and remaining balance.
• Fee-Free ATMs (Apex Network): Withdraw cash from over 2,500 Apex-branded ATMs and partner ATMs (including Armaguard and other rediATM network locations) at no charge.
• PayID: Link your mobile number or email address to your Apex Everyday Account for instant person-to-person payments through the New Payments Platform (NPP).
• Scheduled Payments & Direct Debits: Set up recurring payments, scheduled transfers, and direct debit authorities through Apex Internet Banking or the Apex Mobile App.
• Card Controls: Temporarily lock and unlock your Visa Debit card, set transaction limits, and enable or disable international transactions and online purchases directly from the Apex Mobile App.
• Overdraft Facility (Optional): An arranged overdraft of up to $2,000 is available on application, subject to credit approval. Interest is charged at 15.99% p.a. on the overdrawn balance only.

Fees & Charges¶

Account Limits¶

Default limits apply and can be adjusted by contacting Apex Bank or through the Apex Mobile App (for eligible limit types).

Eligibility¶

The Apex Everyday Account is available to:

• Individuals aged 14 years and over (applicants aged 14-17 must have a parent or guardian as a joint account holder or provide parental consent).
• Australian citizens, permanent residents, and holders of eligible visa classes including student visas, working holiday visas, and skilled worker visas.
• Sole traders for personal banking purposes (business transaction accounts are available through Apex Business Banking).

How to Apply¶

1. Apply Online: Open an Apex Everyday Account at apexfinancial.company in under 3 minutes. Existing Apex customers can open an additional Everyday Account instantly through Internet Banking.
2. Verify Your Identity: New customers must provide identification via the Apex Mobile App (scan your driver's licence or passport) or in person at any Apex branch. Provide your Tax File Number to avoid withholding tax on any interest earned on linked savings accounts.
3. Receive Your Card: Your Visa Debit card will be delivered to your registered address within 5-7 business days. Activate it via the Apex Mobile App, at any Apex ATM, or by calling 1300 273 956.
4. Set Up Your Banking: Add your card to your preferred mobile wallet, set up PayID, configure transaction notifications, and schedule any recurring payments or direct debits through Internet Banking.
5. Start Transacting: Your account is ready to use immediately for electronic transfers and BPAY payments. In-store and ATM transactions are available once your Visa Debit card is activated.

For more information, visit apexfinancial.company or call 1300 273 956.