Features and benefits
Your funds are secure
The Financial Claims Scheme is an Australian Government-backed safety net that provides protection to deposit-holders with certain financial institutions. As an Elders Finance customer, you may be protected by this scheme for deposits of up to $250,000 per account holder, per authorised deposit-taking institution (ADI)*.
Rates and fees
- Rates
- Fees
No interest is paid on this account.
| Fee type | Monthy fee | ATM withdrawal | Direct Debit | BPAY® | eStatement | All fees and charges |
|---|---|---|---|---|---|---|
| Amount | $0.00 | $0.00 from select ATMs# | $0.00 | $0.00 | $0.00 | View Elders Deposit Terms and Conditions for details |
Opening an Elders Instant Access account is easy.
Simply visit your local Elders branch with your ID documents to establish an account. We'll contact you within three business days with an update on your application.
Once approved, you’ll receive your new Visa Debit card in five to seven business days.
Alternatively, complete the form below and one of Financial Services Managers will contact you.
Important information
This account is available for personal use only - businesses, companies, body corporate, superannuation funds, family trusts, clubs and non-profit organisations are not eligible.
Apple, the Apple logo, and Apple Pay are trademarks of Apple Inc. For a list of compatible Apple Pay devices, refer to Apple Support. Google Pay is a trademark of Google LLC. ® Registered to BPAY Pty Ltd (ABN 69 079 137 518)
^Elders branches are cashless. Fees may apply depending on the type of in-branch transaction. Refer to Ways to Bank for ways to transact on your account.
#Elders Finance customers enjoy fee-free access to ATMs owned by Auswide Bank, ANZ, Commonwealth Bank, NAB and Westpac for withdrawals, balance checks, and PIN changes. Note: these ATMs will not be available at Elders branches. You can also use a wide network of ATMs across Australia, with any fees disclosed before the transaction.
*The Financial Claims Scheme (FCS) limit of $250,000 applies to the sum of an account holder’s deposits under each Authorised Deposit-taking Institution (ADI) and so includes accounts with any other banking businesses that the ADI may operate under a different name. Auswide Bank is an ADI and is prudentially supervised by the Australian Prudential Regulation Authority (APRA). Auswide Bank is a single banking institution, but may have branding arrangements with other entities (such as Elders). If you have an Elders product as well as a product branded as Auswide Bank Ltd, the combined total of these accounts will be counted towards your $250,000 limit.
Disclaimer: Elders Rural Services Australia Limited ABN 72 004 045 121 Australian Financial Services Licence 237757 (Elders) has entered an arrangement to distribute banking products issued by Auswide Bank Ltd ABN 40 087 652 060 Australian Financial Services Licence 239686 (Auswide Bank). Auswide Bank is a wholly owned subsidiary of MyState Bank Limited ABN 89 067 729 195, part of MyState Limited ABN 26 133 623 962. This information is general in nature and does not consider your personal objectives, financial situation or needs. Before deciding whether to apply for a financial product, you should seek professional advice and consider the relevant Terms and Conditions and Target Market Determination on the Elders website. Elders may receive a commission from Auswide Bank if you successfully apply for a financial product through Elders. For more information on Elders’ relationship with Auswide Bank, please read the Elders Financial Services Guide.