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Student Transaction

Our transaction account for young adults up to 17 years or full time students up to 25 years of age.

Student Transaction

Student Transaction

The Student Transaction account (S15) is designed for young adults up to 17 years of age or full time students up to 25 years of age.

The account has no minimum balance requirements and offers an attractive interest rate well above most transaction accounts. Being largely transaction-fee-free*, it helps stretch student budgets a little bit further.

The Student Transaction account provides full access via online internet banking, in-branch and 24 hour phone banking. It also has the added benefit of choosing not being able to link Visa Debit card convenience to the account, should you choose not to (eg. Parents may not want young adults under the age of 16-17 to have a VISA Debit card).

Students looking for a high interest savings-focussed account may also like to open a Student Bonus Saver account (S25).

*Transaction fees apply to non-rediATM transactions.


Account Features

  • Attractive interest rate.
  • Visa Debit card access.
  • Over-the-counter access.
  • Access to WAW Internet Banking, 24 hours.
  • Regular statements available to track balances.
  • BPAY facilities available.
  • Direct crediting of regular income (quote BSB: 803 070).
  • 24 hour WAW Phone Banking.
  • Funds are at-call with no minimum balance restrictions.
  • Over-the-counter cash withdrawals up to $1,000 per day. Amounts in excess of this require 24 hours notice.
  • Periodic Payments and Direct Debits.
  • Direct Credits.
Apart from direct charge fees that may be imposed at non-rediATM facilities, this is a transaction-fee-free account. Non-transaction fees such as overdrawn account fees and other charges may be incurred for specific account service requests.

Download our Transaction Fees and Charges Schedule here

How To Apply

If you are interested in opening this transaction account please fill out our online enquiry form and one of our dedicated accounts staff will contact you.  We will need your name, contact details and the product you are interested in taking out, we can help you do the rest. 

Alternatively, you can contact us on 1300 368 555 and ask to speak to one of our savings account specialists.

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