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BankSA Complete Freedom Student Account

This account is designed for students and apprentices. It offers easy access to your money with no account fees. 

  • Access your money with no monthly fees
  • Available to under 18s, full time students and apprentices
  • A range of free everyday transactions are available

New Account Offer: Get a $25 Fringe Voucher when you open a new BankSA Complete Freedom Account between 9 Jan and 16th February 2018. PLUS get $25 in your new account when you deposit $250 within 45 days PLUS unlock the best of Fringe

Key details of the Student Freedom Account

  • No monthly maintenance fees - There are no fees deducted from your account for admin by BankSA.

  • Access your account with ease - You will be able to manage your account online from a PC or mobile device via the mobile banking app.

  • Linked Visa debit card - This account comes with a Visa debit for all users over the age of 14. With the Visa debit card you can make purchases wherever Visa is accepted either in store or online. The daily limit on purchases is $8,000. For younger students a Freedom Card can be applied for.

  • Access free ATM withdrawals - You can use the issued Visa debit card to make withdrawals for free at Bank of Melbourne, BankSA, St.George and Westpac ATMs. This network includes over 3,000 ATMs across Australia. Be advised that there is a daily limit of $1,000 for cash withdrawals, including cash outs when you make a purchase at an EFTPOS.

  • Withdraw cash overseas for free - You can withdraw cash from ATMs within the Westpac Global ATM Alliance for free. You are charged $5 for every cash withdrawal you make overseas from an ATM that's not within the network.

  • Currency conversion - For any transaction that requires a conversion of currency you will be charged 3% of the Australian dollar amount as the transaction fee.

  • Free mobile app available - A free BankSA app is available for both iPhone and Android devices. With this app on your smartphone you have the same access to your account as with online banking. Bank of Melbourne has also added a cardless cash feature which allows you to make withdrawals from an ATM without having to use your Visa debit card.

Account Details
Provider BankSA
Product Details A low cost transaction account for students – no account keeping fees and no ATM withdrawal fees at Bank of Melbourne, BankSA, St.George and Westpac ATMs. for under 18s and full-time tertiary students, including apprentices.
Interest Rate p.a. 0.00% p.a.
Account Features
Internet Banking Yes
Phone Banking Yes
Joint Application No
Min. Age to Apply 14
ATM Access Yes, with no fee at Bank of Melbourne, St.George Bank, BankSA and Westpac ATMs in Australia
EFTPOS Facility Yes
Bpay Yes
Cheque Facility Yes
Branch Access Yes
Debit Card Access Visa Debit Card
Fees
Monthly Account Fee $0
Monthly Deposit to waive Account Fee $0
Phone Transaction Fee $0
Internet Transaction Fee $0
ATM Withdrawal Fee $0 at Bank of Melbourne, St.George Bank, BankSA and Westpac ATMs in Australia

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