As a student, managing expenses sounds pretty grand when the reality is that you have so little money to work with. But there are ways to take what you have and make it go further. As a student you're entitled to save on fees that workers don't get. So find out what they are and take advantage of them.
If you're a full-time tertiary student at uni or TAFE, just register for Student Options with the Commonwealth Bank and you could save heaps.
A day-to-day account free of withdrawal and monthly account fees* - so you save at least $48 per year as long as you're a full-time student.
A credit card free of annual fees - save up to $24 per year on a Commonwealth Bank MasterCard for the duration of your full-time studies.
A personal loan free of upfront establishment fees - save up to $250.
All you need to do is be a full-time tertiary student. Then head to your nearest Commonwealth Bank branch with your ID to open a Streamline e-Access account. You'll need to provide the following types of ID to verify your identity:
You may be asked to provide more than one ID document to meet our requirements.
If you don't have your Student ID card when opening your account, you'll need to have a letter of offer from your uni or TAFE.
If you also want to write unlimited personal cheques, make unlimited withdrawals in branch and do unlimited assisted Telephone Banking, you may want to consider Complete Access.
For all that and more, click here.
*Excludes non-Commonwealth Bank ATMs here and all ATMs overseas, EFTPOS transactions overseas or that involves currency conversion, third party payments within a transfer group, international money transfers and separate services such as bank cheques, periodic payments and transfers/deposits to other banks. Smart Access also excludes assisted phone, branch and agency withdrawals and cheques written.
Important information.
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances. General Information and Terms and Conditions for Streamline account and Electronic Banking are available on commbank.com.au or from any branch of the Commonwealth Bank. Bank fees and Government charges apply. If you have a complaint, the Bank's dispute resolution process can be accessed on 13 2221.
Applications for finance are subject to the Bank's normal credit approval. Full terms and conditions will be included in our loan offer. Fees and charges apply.