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Studying in Australia and organising finances

If you’re heading to Australia to study, most likely you’ll need to sort out your banking for when you’re here. Think this might be a hassle? Not if you’re with Westpac - you can open up a Westpac Choice everyday bank account up to 12 months before you arrive.

How can a Westpac Choice account help you manage your money while you’re studying?

A good everyday bank account should be more than just somewhere to keep your money – it should make your life easier by letting you manage your money on the go in a way that suits you. Enter Westpac Choice.


When you open a Westpac Choice account you’ll be able to take advantage of some cutting edge digital services that you can access from your smartphone. These include:


  • Cardless cash– withdraw cash using your phone from any Westpac, St.George, Bank of Melbourne or BankSA ATM1
  • Google Pay™  – make purchases with Google Pay by simply tapping your mobile at contactless terminals2
  • Pay to Mobile – a secure and convenient way to split a restaurant bill or send money to friends - all you need is their Australian mobile phone number and for them to have an Australian bank account to receive the funds. And if you’re a Westpac customer, you can use Pay to Mobile to receive payments which are paid straight into your nominate Westpac account.
  • Fingerprint login – sign in to Westpac Mobile banking simply and securely with just your fingerprint on compatible devices.

What else does Westpac Choice offer?

  • Open instantly online up to 12 months before you arrive
  • Transfer money with online banking from anywhere in the world
  • Debit Mastercard®3 – Use your Debit Mastercard to shop securely online, access cash at ATMs and use PayPass™ to tap and go on purchases under $100.
  • Pay no withdrawal fee at any major bank ATM in Australia (including Westpac, Commonwealth Bank, ANZ, NAB, St.George, Bank of Melbourne and BankSA) and at over 50,000 ATMs globally via the Global ATM Alliance and partner ATMs4
  • Westpac Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions.5
  • Unlimited electronic transactions.

Pay no account fees while you’re studying

If you’re a full time tertiary student studying in Australia, you’ll pay $0 Account-Keeping Fee on the Westpac Choice account for the duration of your studies in Australia (because you’ll have better things to spend your money on than bank fees). 6

How easy is it to open a Westpac Choice account?

Opening up a Westpac Choice account is super easy:


  • Set up your bank account up to 12 months before coming to Australia, or once you’ve arrived
  • No Australian address needed when opening from overseas prior to arrival
  • Open an account in 3 minutes and you’re on your way to depositing money into your account


More about Westpac choice

Things you should know

This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it.


1. Get up to $500 per day and a maximum of $1000 per week , subject to account daily maximum limits. Only available at Westpac ATMs in Australia.

2. Google Pay: Read the Terms and Conditions before making a decision and consider if it is right for you. Available for eligible cards. To use Google Pay you will need to use a compatible device with a supported operating system.

3. Customers must be 16 or older and have an Australian residential address to be eligible for a Debit MasterCard®. If you’re not eligible, you may be offered a Handycard to access your account.

4. Other fees may be payable. A 3% Foreign Transaction Fee applies to overseas debit or credit card withdrawals. A 2% cash advance fee applies to credit card withdrawals where the ‘credit’ option is selected. A list of Global Alliance members is available at 

5. Westpac Fraud Money Back Guarantee ensures that customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted Westpac promptly. Refers to the cards’ terms and conditions for full details, including when a customer will be liable.

6. $0 Account-Keeping Fee (other fees may apply) whilst you are a full time tertiary student or under 21. Drop into any branch with your full time tertiary student ID to enjoy the $0 Account-Keeping Fee. If you are under 21 the $0 Account-Keeping Fee is automatically applied until you are 21.

Android, Google Pay and Google Play are trademarks of Google Inc.


World Mastercard®, Mastercard® and the Mastercard brand mark are registered trademarks, and PayPass is a trademark of Mastercard International Incorporated.