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Discussion in 'Money & Finance' started by Claire & Ryan, May 11, 2011.

  1. Claire & Ryan

    Claire & Ryan New Member

    Hi All
    Getting increasingly confused with all the nitty gritty now of coming out to Brisbane and one area I just can't seem to make a decision on is who to open a bank account with so thought you guys might be able to advise from personal experience.
    We will need to have accounts for both personal and business. Is it a case that they all pretty much work the same so to just go with who we get the best vibe from or are there any tips you can give to help us chose.

  2. Moneycorp currency transfers
  3. cal

    cal Super Moderator

    We have had an account with ANZ for 5 years and i cannot fault them,, we opened the account before we came and that was easy, we got cards issued on our activation visit to our local branch and have never paid more than $5 pr month in fees. Lots of ATMs dotted around so you have no worrys there either.
    We also have accounts with Suncorp who again have been pretty good and only charge $5 pr month.

    Westpak and Commonwealth are other popular choices with migrants but i have no personal experience with those.

    Cal x
  4. srp

    srp No longer active member

    I would agree with cal, I use ANZ no problems with them, Just make sure who ever you decide to use has plenty of cash machines in your area, In Australia you pay to use other banks cash dispensers.
  5. Martyn Elmore

    Martyn Elmore New Member

    Hi Claire and Ryan,

    I would further agree with Cal and srp; they are all of a muchness. We use Westpac which was arranged before our move and activated upon arrival. And I have a business account with ANZ. Virtually all charge you the privilege of banking with them and using other banks ATMs, a practise that was stopped in the UK years ago.

    However, quite a few banks and other lenders offer banking deals and incentives when a mortgage is taken out with them, and can include credit card deals, particularly for new customers. One course of action might be to open an account with one, and when you've got a better understanding of your requirements, you can make any necessary changes later.

    I've just noticed where you're from. I'll be in Southampton at the end of June visiting my mother. How spooky!!

    Good luck with the move

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