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Bank account in Australia!

Travel Forums Australia / New Zealand & The Pacific Bank account in Australia!

1. Posted by Idaan (Budding Member 2 posts) 6y

Idaan has indicated that this thread is about Australia

Hi!
I am in Sydney and have just started to work. It's is suprisingly hard to get your salary into your over seas bank account. But to transfer money from a over seas account to a Australian bank account works great, with great rates. I would really like an Australian bank account a can get my salary into. And then just transfer the money to my other account. Does anyone know if there is some good bank account, you can transfer money direct to, that is free or ever better, gives interest rate on your money? I'm really going to save most of my salary for a tickey back home.

Also! Anyone who has tips for cheap flight tickets from sydney to thailand?

2. Posted by SheIsFree (Full Member 24 posts) 6y

It depends what type of bank account you need. If you need to be withdrawing money all the time to pay for food and rent etc, with a debit card, that type of account usually costs around $5 a month. I opened a savings account recently with no fees and a good interest rate, but I don't have easy access to the money - f I need to take any out, I have to go into the branch and there is a fee involved. I think all the big banks have both types of accounts, so its probably worth looking at the interest rates if you just need an account specifically for saving.

3. Posted by Idaan (Budding Member 2 posts) 6y

I just want one to receive salary on, and buy a flight ticket from och transfer it all into my other account. I don't want to use it regerly in Australia, but I want my boss to be able to transfer money direct to it. Can you do that with a save account?

4. Posted by SheIsFree (Full Member 24 posts) 6y

With a savings account you, or your employer can make as many deposits as you like for free.. you'll usually just have to pay a fee when you transfer or withdraw any money out of it. Just make sure of that before you open an account though, because all banks are slightly different.