naru6705

These three bank provide Fee Free bank accounts in Australia. But which one would suggest and why?

http://www.nab.com.au/wps/wcm/connec..._finance/5/1/2

http://www.hsbc.com.au/1/2/personal/...online-account

http://citibank.com.au/aus/banking/e...ibank_plus.htm

goingau

westpac does for 1st year to a migrant, leaves plenty of time to change banks.

you will want see how many branches are in the area you will be living and if you need to use the cashpoints alot or not due to charges

h2oskineil

We have a Bankwest Zero account.
http://www.bankwest.com.au/zerotran?promoCode=sem350

Zero transaction fees
Zero ATM fees

'Best Everyday Bank Account' by Money magazine for the last six years.

Just have to deposit $2000.00 per month into the account. Very happy with it.

We also have a (free) HSBC account which has $10.00 transaction fee's between our First Direct account in the UK and HSBC Oz account, regardless of the amount.

Swerv-o

Citibank.

US Customer service ethic - orders of magnitude better than the local counterparts.


S

renth

I've got an HSBC current a/c and a BankWest internet savings a/c both free.

You can use any Westpac ATM for the HSBC account for free.

Woodsman

Citibank, no fees on international transfers is a nice bonus (their exchange rates are also decent).

Swerv-o

And no charges on Citibank ATM withdrawals whilst travelling overseas, which is great in the US as Citi have thousands of ATMS.

In Australia Citi customers can also use Westpac, St George, Bank SA and Bank of Melbourne ATMs fee free.


S

commonwealth

I prefer Bankwest Hero Account (daily transaction account with a debit card). Earns 3.25% pa no fees if theres a monthly credit of at least $2k (need not be new money, you can move it around and recycle it). Can use CBA ATMs for free.

bcworld

Citibank Plus. Free at home. Free when travelling. What more do you need!?

ABCD......

HSBC gets my vote again. I did switch to the NAB a while ago. I liked the "personal" approach that they offered, and actually seemed to be providing. But when it came down to the nitty gritty, they reverted to the system overriding the local branch decisions !!

I am back with old reliable HSBC. Perfect if you don't need to visit a branch.
Deposit money into any Post Office free of charge.
Use Westpac ATM's for free.

Mortgage lenders come to you, rather than you go to them

The switch to NAB was a total waste of time, for me.

roaringmouse

Out of those 3 - NAB. Decent branch network, no minimum deposit required, plenty of ATMs.

I would never touch Citibank after very poor experience a few years ago.

If the branch and bank-specific ATMs are not important, then look at the Orange Everyday account with ING Direct.

stken

I have dealt with Citibank in the past, never again, have you tried CBA? been with them for years. Good Luck

Pomster

I'm pretty keen on my ING orange account which is also free.

They have a great responsive customer service which is a huge help if needed.

commonwealth

I took advantage of the ING 5% 6-month payWave rebate promo. when I use payWave for purchases less than $100, I get a 5% rebate. so that's like $5 savings if you purchase $99.99 worth of groceries!

http://www.ingdirect.com.au/everyday/orangeeveryday.htm

sr71

Pretty sure Westpac customers can use Bank of America ATM's free in th eUS, in any case the Citibank card is probably the best option I think.