Convenience may be an important factor for student banking customers

Aussies considering comparing student bank accounts may want to think about the convenience factor of selecting a particular financial institution.

While many will be looking at the interest rates on offer with the student accounts they may open, it may also be worthwhile to consider whether there is a branch near to where they are studying.

It may make life a lot easier for Aussies in tertiary education if they select a bank that, for example, has an outlet on their campus.

This could make it simpler for them to make deposits and to speak to an adviser about issues such as extending their overdraft.

Those who prefer to manage their finances over the phone or on the internet may want to check on the provisions for this offered by their chosen bank.

According to the Commonwealth Bank of Australia, it has the largest banking network in the country, with more than 1,000 branches and 4,000 ATMs nationwide.

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