Westpac Choice Student

$0.00

Westpac, St.George, BankSA, Bank of Melbourne

Debit Mastercard

Westpac Choice Student Review

Review published: 23 August 2018

What's hot:

  • $0 account fee

  • Unlimited free BPAY, online and phone transactions

What's not:

  • 3% foreign exchange commission

Mozo snapshot:

For any students looking for a bank account with a major bank, the Westpac Choice Student is definitely one worth considering. It comes with unlimited free transactions online, over the phone, in branch and via BPAY or EFTPOS, overseas ATM access and all with a $0 account fee. Although, if you do decide to withdraw money overseas, you’ll be hit with a $5 ATM fee and 3% foreign exchange commission.

Key features:

As a student, you might not have thought too much about what bank account you have and may just be using the same account you got set up with as a kid. If this is the case, then it’s likely that you have a regular adult bank account, rather a student account with no account fees, such as the Westpac Choice Student account which has zero ongoing account fees, as long as you’re a card-carrying full-time student.

The account also comes with unlimited, free transactions via the internet, phone, ATM, in branch and bunch of other ways, letting you bank in the ways that best for you.

And if you’ve got an overseas trip planned, you’ll also have the ability to use your card overseas to withdraw money while travelling. This can really help out in a pinch, but doing so will leave you paying a 3% foreign exchange commission extra on any transaction, on top of a $5 ATM fee.

And don’t worry about having a lump sum saved up already when opening the account, as you only need $1 to open an account.

Who it's good for:

This account is suited to full-time students looking for a fee-free account with a major bank. You’ll need to show your Student ID at the beginning of each year to have the account fee waived.

Any catches?

For any students on exchange or holiday, keep in mind that while there is the option for withdrawing money from overseas ATMs using your debit card, it comes with a $5 ATM fee and a 3% foreign exchange commission. So this can be very helpful, but it could also wind up costing you a fair bit.

How are Westpac bank accounts rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
7.5

Based on 4248
Westpac bank accounts reviews

6.7 6.4 7.6 7.9 7.5

Read Westpac bank account reviews by the Mozo community

Latest reviews of Westpac Choice Student

Westpac

Westpac Choice Student bank account review

Overall rating   10 / 10

Excellent

Everything about Westpac's bank account is excellent!

Full review

Everything about Westpac's bank account is excellent!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Nabiel, Queensland, reviewed 7 days ago

Westpac

Westpac Choice Student bank account review

Overall rating   10 / 10

Helpful and friendly team

Westpac is a bank with people that explain what you want to know really well and there’s never any insecurities or unsureness surrounding their banking methods.

Full review

Westpac is a bank with people that explain what you want to know really well and there’s never any insecurities or unsureness surrounding their banking methods.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Georgia, Victoria, reviewed 22 days ago

Westpac

Westpac Choice Student bank account review

Overall rating   8 / 10

I'll keep using Westpac

Never really had a problem with Westpac

Full review

Never really had a problem with Westpac

    Price   7 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Ugo, Western Australia, reviewed about 2 months ago

Westpac

Westpac Choice Student bank account review

Overall rating   10 / 10

Great customer service

Very helpful, very trusting.

Full review

Very helpful, very trusting.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Elaine, Queensland, reviewed 9 months ago

Westpac

Westpac Choice Student bank account review

Overall rating   10 / 10

Good bank to deal with

Can't complain, they've been good.

Full review

Can't complain, they've been good.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Gloria, South Australia, reviewed 9 months ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • Balances from $0: 0.00% p.a.

  • none

  • n/a

Fees

  • $0.00

  • none

  • Unlimited free transactions from internet, phone, network ATMs, EFTPOS, BPAY, branch deposits and withdrawals, and cheque.

  • $0.00

  • Westpac, St.George, BankSA, Bank of Melbourne

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $5.00

  • 3.00%

  • $0.00 monthly

Other financial bits

  • $1.00

  • $0.00

Features

  • $1,000.00

  • no

  • yes

  • no

  • yes

  • yes

  • yes

  • no

  • Must be a full-time student. Must show valid student card at the beginning of each year to waive monthly fees.

  • none

Atm card

  • none

  • none

  • none

Debit card

  • $5.00

  • $0.00

  • 3.00%

About Westpac

As Australia's first bank, Westpac has been serving customers since 1817. Westpac merged with St.George to create Australia's largest financial services company, and customers can enjoy from peace of mind from having the security offered by a major bank behind them. Check out Westpac's range of banking products such as savings accounts, home loans, personal loans, credit cards and other financial services such as its car and home and contents insurance.

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