Well heres my setup to date. May help some of you.
At the time when i got my loan the CBA had an special loan introduced which i got. (Im not too sure if the loan is still on offer, I don't think it is, from memory it was a loan that was only going to hang around for a few months.) It was when interest rates were really high, so i guess good timing.
My savings account. I don't withdraw any money out of it hence why no fees, in any event the only way it would attract a fee of some sought is if i was to withdraw money out of it on more then 2 occasions in 3 months. This would attract a $2 fee per withdrawal, however i have a 50k relationship with the CBA- keep reading below.
Next i have my transaction account, i opend it up at the time of which i got my loan, now at this point in time i was given the offer off linking any one of my accounts to the home loan without this account attracting any fees, so hence why i opend an transactions account up and linked it.
Their is also an specific clause in my home loan contract which stipulates that If i have a relationship with the bank of more the 50k i pay no fees at all whatsoever.
Ive set it up to suit my needs, it works for me. I will never pay any fees, I refuse too or ill just take my money elsewhere. It's that simple.
Hope that hepls.