Open a Bank Account
Whether you’re a new bank customer or an existing customer, learn how to open a bank account for everything from your everyday transactions to dedicated high interest savings options.
As a MyState Bank customer, you not only enjoy an easy and intuitive internet banking platform which offers you access to your money 24/7, you also get access to the MyState Bank App. When registered, you can pay anyone with Osko payments, allowing you to send and receive money in under 60 seconds as well as PayID. The app comes with a host of features that you can tailor to work for you.
Can you open a bank account online?
Absolutely. You will need one form of identification and some personal details like your current Australian address. To be eligible for opening an account with us, you must be an Australian resident. Account holders must also be at least 14 years old.
Once you have registered, you can log into internet banking via our website and also download the MyState Bank App. This app offers you complete control of your accounts and your money from any mobile device. Arrange near instant payments, auto-payments, auto-transfers to your savings account and more. Enjoy insightful and useful features like spending reports from your Glide transaction account and low account balance notifications.
Please note that online banking is unavailable for certain business accounts. Further information can be found in our Business section.
Setting up a new account as an existing MyState Bank customer is just as quick and easy. Go to your app or visit our website and open a new account in minutes.
Open an account online in under 5 minutes
Apply online
You will need an Australian Driver License or Passport and about 5 mins
Receive your email
This will have your Customer Number
Login
Login to the MyState Bank App or Internet Banking
Ready to use
Your Visa Debit card will arrive shortly, ready to be activated
What do you need to open a bank account in Australia?
If you are not already a MyState Bank customer then you will need the details of your Australian address as well as a form of identification. We can accept your driver’s licence or passport. Your identification is verified online in seconds, so you have access to your new account/s with us as soon as possible.
Can you open two accounts in the same bank?
Generally yes, however depending on the accounts that you choose, there may be a limit to one account per person. We’re here to help. If there’s anything that you don’t understand about how to open a new bank account online with us or if you have any questions about the services that we offer, you can call us on 138 001.
Can you open a bank account with no balance?
You are not required to make a deposit into a new account immediately. Review the full terms and conditions of a new account online or contact our customer service team on 138 001 if you have any questions.
Can someone open a bank account in your name?
You are unable to open a bank account in another person’s name if that person is intended to be the sole owner of the account. You will need to be a joint owner of the account. You can open a joint account in both your name and the name of another account holder online in minutes. Please note that identification and verification is required for all names on an account.
What documents do you need to open a bank account?
When you open a bank account, you’ll be asked to provide a form of identification for verification. We accept your driver’s licence or passport as valid forms of identification when registering as new bank customers. No other documentation is required to open an account online and you do not need to visit a local branch to complete your account registration.
Accounts for everyone
Transaction Accounts
Our transaction bank accounts are packed full of features to simplify your everyday banking.
Savings Accounts
Our savings bank accounts can earn you interest in ways that suit your life.
Term Deposits
Enjoy a fixed return income from your investment at competitive interest rates.
