Bank Account Fee Calculator

MoneyHackHQ / Free calculator

What is your bank account really costing you?

Compare two accounts using your own spending and fees. See the ongoing annual difference and whether a one-off switching cost or eligible bonus changes the first-year result.

No signup required. Your entered figures stay in this page; they are not sent with analytics. Save your result before closing.

1. Your annual usage

Currency for every amountUse one currency throughout. No live exchange rates are applied.Annual spending subject to a foreign transaction feeEnter the equivalent in your selected currency. Include relevant online purchases.Chargeable ATM withdrawals per yearUse withdrawals outside any free allowance.

2. Current accountMonthly account feeUse the fee you would actually pay after any waiver.Foreign transaction fee (%)Percentage fee only. Exchange-rate differences are not modelled.

Add ATM and other fees

Fee per chargeable ATM withdrawalFlat fee per withdrawal, including known operator fees.Other annual feesCard, subscription or other charges not already included.

3. Alternative accountMonthly account feeUse the fee you would actually pay after any waiver.Foreign transaction fee (%)Percentage fee only. Exchange-rate differences are not modelled.

Add ATM and other fees

Fee per chargeable ATM withdrawalFlat fee per withdrawal, including known operator fees.Other annual feesCard, subscription or other charges not already included.

4. First-year adjustments for the alternative

One-off switching costEligible one-off bonusLeave at zero unless you have checked the offer conditions.

Use the result with the account conditions

Annual fees = monthly fee × 12 + eligible overseas spending × fee percentage + chargeable withdrawals × ATM fee + other annual fees. First-year saving = current annual fees − alternative annual fees − switching cost + eligible bonus. This is a fee scenario, not a full product recommendation. It excludes interest, tax, exchange-rate spreads and any costs you have not entered.

Check fee-waiver conditions, free withdrawal allowances and whether a fee is flat, percentage-based or both.
Compare interest, access, payment features and eligibility separately.
Before switching, update salary payments and direct debits. Keep enough funds in the old account until payments have moved.

Ubank vs Up · Wise vs Revolut vs Up

Further reading: ASIC Moneysmart: comparing transaction accounts.

MoneyHackHQ / Email updates

Make your next money move an informed one.

Join MoneyHackHQ for Australian bank-offer updates, fee comparisons and the conditions to check before you switch.

Calculate account fees without signing up →