Community First Credit Union Student Starter

Key features

If you whip out your concession card at lightning speed to make sure you get that 10% student discount wherever you go, chances are you currently live that frugal student-budget lifestyle. We assume you'd probably want to find just the right transaction account to fit this lifestyle, right? Well, look no further than the Community First Credit Union Student Starter Account.

This account will be your new best buddy if you’re an Aussie student, apprentice or trainee between 17-24 years old, looking for an account to store your coins without the slap in the face of those pesky account fees. And like most students that are glued to their phones 24/7, we'd say you’ll be happy to hear that you can manage your account and make unlimited free transactions via phone, internet, Eftpos, own-bank ATM, branch and cheque.

When you sign up for a Community First Credit Union Student Starter Account, you’ll also receive an Eftpos/Visa debit card, which comes with the option of a $500 Visa overdraft (subject to lending criteria). Or if you are more into wearables, you could opt for a payWave wristband to connect to your account - which allows you to make secure purchases below $100.00 in a flash!

Keep in mind, as with most Aussie transaction accounts, the Student Starter is an interest-free account with a daily ATM withdrawal limit of $1,000 from RediATMs, so if you’re planning on dropping some serious coin, you might want to plan ahead.

Who is it good for

The Community First Credit Union Student Starter Account is an excellent everyday access account for Aussies between 7-24 years old, who are studying or undertaking an apprenticeship/traineeship full-time. Once you’re over 24 or are no longer studying, you’ll be able to switch over to a regular Community First Credit Union Access Account.

Any catches

Thinking of spending your uni break travelling across Europe on a Contiki tour? Be aware of the 3% foreign exchange commission, which is a pretty standard feature for most transaction accounts, but can eat into your travel budget. On the flipside, the Community First Credit Union Student Starter Account comes with a super handy free overseas ATM withdrawal feature.