Hey Dealdude I'll have a look into this a bit more and hopefully find a free bank account that has everything you want. I know National Bank Australia NAB has a no monthly fee bank account: NAB Classic Banking - NAB Classic Banking Account - I can't find anything about interest on money in the account or EFTPOS transactions. They do offer "Free unlimited own bank transaction".
Less pesky fees.
With no monthly account fees ever, a NAB Classic
Banking account is more how it should be.
No monthly account
Make everyday purchases easy with Visa payWave
Whether you're buying online, ringing up the register or banking on the go – it's important to have an everyday banking account that can keep up. Discover how a
NAB Classic Banking account gives you more freedom to manage your money, your way.
Expect more from your everyday banking account