There are functional differences between the Income Management account and BasicsCard, and the enhanced Income Management account and SmartCard. In the table below, Yes shows options that apply to each card. No shows options that do not apply.
| Service and card | Income Management and BasicsCard | Enhanced Income Management and SmartCard |
|---|---|---|
| Card | 
| Traditional Credit Union - Northern Territory residents only |
| BSB and account | The BasicsCard and Income Management account do not have a BSB or account number. | The SmartCard is linked to an enhanced Income Management account. It operates like a regular bank account with a BSB and account number. However, customers:
|
| Support | Services Australia |
|
| Quarantining rates | The percentage of income managed funds is:
The rest of their payment goes to their normal bank account. | The percentage of income managed funds is:
The rest of their payment goes to their normal bank account. |
| Fee free | Yes | Yes |
| Online banking | No | Yes |
| Mobile app | Yes | Yes |
| BPAY payments | Yes | Yes |
| Contactless, tap to pay | No | Yes |
| Online shopping | No | Yes |
| Digital wallet | No | Yes, for Apple and Googlepay Not available for TCU SmartCard |
| Interest earning | No | No |
| Use at EFTPOS terminals | At approved businesses | Yes |
| Cash out facility | No | No |
| Excluded or restricted goods and services | Customers cannot use their BasicsCard to:
| Customers cannot use their account or SmartCard to:
|
| Conditions of Use | Yes - Terms and conditions | Yes - established by the financial institution who issues the account and SmartCard (Indue or TCU) |
Cashless Debit Card
The Cashless Debit Card program ended on 6 March 2023. Eligible customers moved to enhanced Income Management and got an enhanced Income Management account with a SmartCard.
Cashless Debit Cards remain valid until customers activate their new SmartCard. Customers may continue to use Cashless Debit Cards to purchase goods at your business.