Sorting out your day-to-day bank accounts in Australia
Chances are the first thing you'll need is an everyday bank account to help manage your money. Being able to manage your day-to-day banking such as accessing your cash at ATMs (cash machines) and keeping tabs on your cash through mobile banking will make your move to Australia much easier.
An everyday bank account, otherwise known as a checking account, is where you can deposit your salary, transfer funds, pay bills and make purchases using a Visa Debit card. Our Complete Freedom account is an everyday bank account that gives you easy access to your cash the way that suits you.
Why Bank of Melbourne?
- We have specialist migrant banking branches
- Bankers that speak several languages (including Mandarin, Vietnamese, Korean and Greek)
- A full range of personal and banking products to get you up and running as soon as you arrive
- Multilingual ATMs
- Handy seminars in branches to introduce you to Australian banking
- Online, Mobile and Tablet Banking available 24/7
Setting up a savings account
Sometimes you might want to put extra cash aside until you're ready to use it. With a savings account you can earn a competitive interest rate on your savings but still access them easily when you need to.
We've got a fantastic range of credit cards to suit all sorts of needs. This includes cards with no annual fee, cards with a low purchase rate and cards that let you earn reward points that can be used towards lifestyle benefits or air miles on a variety of airline programs. We’ve even got cards that offer complimentary overseas travel insurance.
Buying a home in Australia
If you're buying a property in Australia, chances are it'll be the biggest purchase you're likely to make. Not only do we have a variety of home and investment property loans available with heaps of handy features, we're also here to help guide you through the home buying process.
Get retirement ready
If you're going to be working for an employer in Australia, you should also be paid superannuation. This is money put aside in a fund for your retirement, currently 9.5% on top of your salary.
Fees and charges apply.
Before making a decision, it's best to read the terms and conditions and decide whether the product is appropriate for you.
The advice on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it's right for you. If you need help, call 13 22 66.