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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Ease bill shock

No matter which of your nominated bills arrive each month, you only make your regular agreed payments.

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Pay bills on time

Regardless of the balance in your account*, your nominated bills can always be paid – with no overdrawn fees or interest charges.

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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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Keep your budget on track

To avoid temptation, you can only spend the money in your SmartBudget account on the bills and expenses nominated in your Agreement.

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Budget better

Set up your regular SmartBudget payments on the same schedule as your pay. That way, you’ll know exactly how much money you have left to spend (or save).

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Keep track of your bills

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

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
  • Regular loan and credit card repayments
  • Car registration
  • School fees
  • Gym and sporting 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.

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 Sunday 31 March 2019
Monthly fee $5

Australian Government $250,000 Guaranteed Deposits

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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.