Set your budget for the year ahead
Smooth your expenses into regular payments
Never miss a bill payment

SmartBudget is a clever bill paying and budgeting tool that allows you to set your budget for the year ahead. It removes stress by smoothing out your nominated bills for 12 months and may help you achieve your financial goals and aspirations faster.

How does it work?

Sit down with one of our SmartBudget Specialists to create a personal budget (agreement) for the year ahead that handles all your nominated bills and expenses in the one place online.

Then, set up an agreed payment weekly, fortnightly or monthly into your SmartBudget account. Your payments will be spread over 12 months, helping to remove bill stress and assisting you to budget better.

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Benefits:

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Ease bill shock

Spread out the payment of your bills and expenses over a 12 month agreement period in regular known deposits – great for people on a fixed income as it takes away all the uncertainty and surprises.

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Save money by paying bills on time

The SmartBudget account will help you to pay your bills and expenses by their due dates and allow you to take advantage of any discounts for paying bills on time (e.g. rates).

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Automatic and manual payment options

Choose from direct debit, automatic transfer and manual payment options. Our friendly staff will help you determine the best option.

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Flexibility for variable bills

There’s a 10% contingency added to your nominated payment amount for those bills that vary, to ensure you have budgeted for those little increases.

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No overdrawn account fees

We won’t charge you fees or interest if your account becomes overdrawn.*

*Limits and restrictions apply, please refer to the SmartBudget Terms and Conditions brochure for further information.

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Budget better

Set up your required SmartBudget deposits on the same schedule as your pay so you know exactly how much money you have left to spend (or save).

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Multiple ways to manage your bills

Pay and manage your bills and expenses quickly and easily online, via the mobile app or in branch.

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Potentially save money

Take advantage of discounts available for paying bills on time (such as rates), as well as special offers for paying bills annually (like insurance). Plus, you may receive money back at the end of the Agreement if the 10% contingency we add to variable bills isn’t used, or you have over budgeted.

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Payment reminders and bill alerts

Receive reminders and alerts when bills are coming due and pay them quickly and easily via the online portal or mobile app.

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Keep your budget on track

You can only spend the money in your SmartBudget account on the bills and expenses nominated in your Agreement, helping to keep your budget on track.

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Low cost

There’s a monthly account service fee and no set-up or establishment fees.

What expenses can be included?

  • Insurance such as home and contents, car, or health
  • Rent or mortgage repayments
  • Council rates, electricity, gas and water
  • Phone, internet and paid subscriptions (including streaming services)^
  • Regular loan and credit card repayments
  • Health and medical expenses
  • Car registration
  • Daycare, school, university and other educational costs
  • Gym, sporting, health and wellbeing memberships
  • Predicted expenses, such as car and home maintenance, and hair and beauty services.

Simplify your bills today!

Read more details in the SmartBudget product brochure.

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Contact us

Rates & Fees

Balances less than $5,000 0.00Interest rate
Balances over $5,000 0.01Interest rate
Interest on the credit balance is calculated on a tiered basis at the minimum monthly balance and paid monthly. Effective Wednesday 27 August 2025
Fees
Monthly fee $5
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The fine print

All interest rates quoted are per annum and are calculated on a tiered basis. Interest on the credit balance of a SmartBudget account is calculated on the minimum monthly balance and paid monthly. Rates are subject to change without notice.

^ Subscriptions can only be included in a SmartBudget agreement if the third-party subscription service provider allows payments via Direct Debit, BPAY® or EFT.

*If the balance in your account is going to be negative in the first eight weeks (i.e. the dollar value of the bills that are due in the first 8 weeks plus the monthly service fee is more than your regular deposits) we will ask you to top-up the difference into your account. Your SmartBudget Account cannot have a debit balance of more than $5,000 at any time.

View the SmartBudget Terms and Conditions.

Download our Fees and Charges brochure for full details.

Before acquiring this product you should read the Target Market Determination; SmartBudget brochure and the Account and Access Facility Conditions of Use brochure. This information does not take into account your objectives, financial situation or needs. Before acting on the information you should consider whether it is right for you and seek your own advice.

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