This clever transaction account is designed to help you earn while you learn. It's available to full time students, apprentices and trainees.
Three reasons to open a Student Account
Find out if this account is the right fit for you.
For your student life
Eligible for full time students over 12, apprentices and trainees
Debit Mastercard®
Access your money with a Debit Mastercard® and enjoy 24/7 fraud monitoring
Security
Peace of mind with Multi-factor authentication (MFA) and protecting your card against unauthorised transactions
Student Account summary
This clever transaction account is designed to help you earn while you learn.
- Minimum opening balance of just $1
- e-banking and phone banking anywhere, anytime
- Branch and ATM access Australia wide
- Access your money with a Debit Mastercard®*
- Go green and set up e-statements on your account
- Earn tiered interest on your account balance
Student Account in your Bendigo app
For convenient banking on the go, download the Bendigo Bank app. Big on ease, speed and security, it delivers all the tools you’ll need for seamless online banking.
- Log in quickly and securely with biometric authentication or a Four-digit PIN
- See balances without logging in using Quick Balances
- Pay people and bills in seconds with PAYID, Osko, BPAY
- Add your debit or credit card to Apple Pay or Google Pay from the app
- Card controls at your fingertips
- Robust security features to keep you safe and secure
Download the Bendigo Bank app now
Rates and fees
Here are some rates and fees that may apply to your account. For the full list of fees and charges, please refer to schedule of fees and charges.
Monthly service fees
$0
Branch & ATM
$0 - unlimited Bendigo Bank ATM withdrawals
$2.50 for in-branch staff assisted services including cash withdrawals and transfers
Withdrawals
$0 - unlimited EFTPOS withdrawals within Australia
Transactions
$0 - unlimited retail purchases within Australia
Transfers
$0 - unlimited e-banking transfers; BPAY®, Pay Anyone (including OSKO®) and phone banking transfers
Tiered interest rates
- 0.00% p.a. on balances $0 < $250
- 0.01% p.a. on balances $250 < $2,000
- 0.05% p.a. on balances $2,000 < $5,000
- 0.05% p.a. on balances $5,000 plus
Interest calculated daily and paid monthly.
Before you start
Read our eligibility criteria and have your documents ready.
Identity
If you are a new customer, we will need to verify your identity via any two forms of IDs listed below.
- Drivers License
- Passport
- Medicare card
Eligibility
- You need to be an Australian citizen or resident
- Be aged 12 years or above
- Be a full time student, apprentice or trainee
Joint or Business accounts
Not available to business customers. Please visit a branch to open a joint account.
Open a Student Account
Check that you meet our eligibility criteria. Open our convenient transaction account and get access to useful features.
New customers
If you are a new customer you can apply online in minutes.
Existing customers
If you are an existing customer you can apply via e-banking.
Apply in-branch
If you are a new customer you can apply at your preferred branch.
Mobile payments
With Bendigo Bank you can turn your phone or smart watch into your wallet. Simply load an eligible Bendigo Bank card to your device and pay on the go.
Helpful tools
Discover our library of helpful tools to manage your finances, set goals, and achieve more.
Frequently asked questions
Is there a monthly service fee for the Student Account?
No, the Student Account has no monthly service fee.
What is a Staff Assisted Service fee?
A $2.50 fee which is charged if you visit one of our branches and have one of our team transact on your account – e.g. withdrawing cash or transferring money. For a full list of fees please refer to the Schedule of Fees Charges and Transaction Account Rebates booklet.
How old do I have to be to be eligible for a Student Account?
You’ll need to be 12 years old before you can open a Student Account.
Are part-time students eligible for the Student Account?
No, you must be studying full-time (in an Australian or overseas institution) or completing an apprenticeship or traineeship to be eligible for the Student Account. If your student ID doesn't specify full-time enrolment, please visit your nearest branch to discuss.
Can a parent/guardian open a Student Account 'In Trust' for the student?
No, the student must be the titled member on the account. A Parent/Guardian may be added as a non-titled member on the account, with the Student’s permission.
Can I open more than one Student Account?
Yes, there is no limit on the number of Student Accounts you can have. If you want to open more than one Student Account to manage your finances more efficiently, you’re more than welcome to.
Need help?
Whether you prefer online resources, phone assistance, or a friendly face-to-face chat, we offer a variety of ways to get the support you need. Let us know how we can help!
Online
Complete the online enquiry form to get contacted via your phone or email.
At a branch
Use our branch locator to search for a branch, agency or ATM near you.
Phone
If you have clicked on any suspicious links and entered your e-banking details:
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Things you should know
*Available to persons aged 16 years and over and Australian Citizens and permanent residents.
Target Market Determinations for products are available.
Mastercard and Priceless are registered trademarks and the circles design and Tap & Go are trademarks of Mastercard International Incorporated.
BPAY and OSKO® are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518.
This information does not take your personal objectives, financial situations or needs into account. You should consider its appropriateness to your circumstances before acting on this information. Please read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.
Apple and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.
Google Pay is a trademark of Google LLC.
Student Account
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