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Updated October 17, 2026 · VaultCue Editorial Team

Top current and checking accounts compared in Australia

526 accounts available in Australia, ranked for Australia.

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score. How we rank

Top current and checking accounts compared in Australia
OrderAccountScoreFeaturesKey factsActions
1
Kraken logo
KrakenTop pickPartner

Kraken+ free 30-day trial: 30 days free, then $4.99/mo

8.7/10
    Monthly fee:
    $4.99
    Licence type:
    Payment institution
    Deposit protection:
    EU DGS up to EUR 100,000
    		ReviewCompareVisit
    2
    Revolut AU logo
    Revolut AUPartner
    		9.1/10
    • Travelers
    • No monthly fee
    • Low FX
    • Free ATM
    • Joint account
    Monthly fee:
    £0
    Licence type:
    E money
    Deposit protection:
    FSCS up to GBP 85,000
    		ReviewCompareVisit
    3
    Revolut UK logo
    Revolut UKPartner
    		9.0/10
    • Travelers
    • No monthly fee
    • Free ATM
    • Joint account
    Monthly fee:
    £0
    Licence type:
    E money
    Deposit protection:
    FSCS up to GBP 85,000
    		ReviewCompareVisit
    4
    Moneycorp logo
    MoneycorpPartner
    		9.4/10
    • Expats
    • No monthly fee
    • Low FX
    Monthly fee:
    £0
    Licence type:
    E money
    Deposit protection:
    FSCS up to GBP 85,000
    		ReviewCompareSee alternatives
    5
    Up logo
    UpPartner

    Sign up & SCORE $10 with code UPYEAH10: $10 AUD

    		9.4/10
    • Travelers
    • No monthly fee
    • Low FX
    • Free ATM
    • Joint account
    Monthly fee:
    A$0
    Currency conversion fee:
    0%
    Free ATM withdrawals:
    A$0
    		ReviewCompareSee alternatives
    6
    Banreservas logo
    BanreservasPartner
    		9.3/10
      Monthly fee:
      DOP 20
      Currencies:
      2
      Transfer fee:
      2% to 5% of the send amount, plus a fixed US$2.00-7.00 fee on amounts up to US$100 with Ria
      		ReviewCompareSee alternatives
      7
      Jeton Wallet logo
      Jeton WalletPartner

      Get a 30% Cashback at Melbet: 30% cashback

      		9.3/10
      • Travelers
      • No monthly fee
      • Low FX
      Monthly fee:
      €0
      Currency conversion fee:
      0%
      Local account details:
      IBAN
      		ReviewCompareSee alternatives
      8
      Revolut ES logo
      Revolut ESPartner

      Banking app offering bank accounts, savings and share investing from a phone.

      		9.3/10
        Licence type:
        Bank
        Currency conversion fee:
        0% to 1%
        Currencies:
        30
        		ReviewCompareSee alternatives
        9
        AffinityPlus Credit Union logo
        AffinityPlus Credit UnionPartner
        		9.2/10
        • No monthly fee
        Monthly fee:
        $0
        Deposit protection:
        FDIC up to USD 250,000
        Legal entity:
        Affinity Plus Federal Credit Union
        		ReviewCompareSee alternatives
        10
        Alior Bank logo
        Alior BankPartner
        		9.2/10
          Monthly fee:
          PLN 0
          Currencies:
          4
          Local account details:
          IBAN
          		ReviewCompareSee alternatives

          Licensed in Australia

          Kraken
          AUSTRAC (independent remittance dealer, Bit Trade Pty Ltd)
          Kraken
          Australian Securities and Investments Commission (Beaufort Fiduciaries Pty Ltd)
          Up
          Australian Credit Licence
          Up
          Australian Financial Services Licence (AFSL)
          ING Australia
          Australian Prudential Regulation Authority (APRA)
          ING Australia
          Australian Securities and Investments Commission (ASIC) - Australian Financial Services Licence
          Payoneer
          Australian Securities & Investments Commission (ASIC)
          Papaya Global
          Australian Transaction Reports and Analysis Centre (AUSTRAC), AzimoPSP Pty Ltd
          Up Bank
          Australian Securities and Investments Commission (AFSL and Australian Credit Licence stated on site)
          CurrencyFair
          Australian Securities and Investments Commission (CurrencyFair Australia (PTY) Limited AFSL)
          Macquarie Bank
          Australian Prudential Regulation Authority (APRA)
          Macquarie Bank
          Australian Securities and Investments Commission (ASIC)
          Westpac PNG
          Australian Securities and Investments Commission

          Other rankings

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          Other countries

          Kraken

          Kraken

          Top pick for Australia

          8.7/10Visit