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Banking in Australia

Travel Forums Australia / New Zealand & The Pacific Banking in Australia

1. Posted by Tina Bean (Budding Member, 48 posts) 29 Sep '12 11:42

Tina Bean has indicated that this thread is about Perth

Please can anyone recommend the best bank card to use while in Oz? I used a Nationwide flexicard account that use to be free to withdraw cash all over the world, now I am sure thats changed. Planning to live and work there on a WHV so am I just best to open an account when i get there?

Many thanks, Tina

2. Posted by jsonam (Budding Member, 31 posts) 29 Sep '12 12:34

hey tina
am in oz and currently banking with ANZ.it not like england where you can withdraw money in any atm.for instance if you have an anz card, you wont get charged transaction fees only if you withdraw from anz.ie-only anz to anz!! costs 2 dollars per transaction and sometimes 2.50!! otherwise
anz/commoonwealth bank atms are most frequently encountered.
hsbc you can withdraw without charge from most atm's, but hsbc branches are hard to come by, not like in the uk!

3. Posted by timmit (Budding Member, 3 posts) 29 Sep '12 18:01

Also if you don't get an Australian bank account they will charge a foreign exchange fee every time to you use your international account.
You just need to be aware which banks use familiar banks.
Westpac also you can use St George and so on.
They are all much of a much so just be aware of the fees.

4. Posted by Tina Bean (Budding Member, 48 posts) 7 Oct '12 05:02

Thank you so much for your advice. I am now in touch with Commonwealth bank and they seem to be being helpful and I have a close friend who's parent's will let me use their home address if i require one. Should be able to set up an account to transfer some funds to and activate on arrival.

Trying to get a card from the uk that won't charge me meant me getting a credit card and there was still lots of hidden charges. Advice to all is thoroughly research and make sure you get the right plastic that suits your needs.