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(4.80 out of 5)Credit card and finance computations can make your head spin, we have developed common calculators to assist you.
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A cash advance fee is the fine imposed by a bank when you use a credit... ...more
There are several credit card options for students who are having problems with money in general. While more financially stable students could benefit from a regular low-interest credit card, other students in Australia may benefit from the following institutions’ credit card offers extended to those over the age of 18.
Commonwealth Bank offers no annual fee on their credit cards with “Student Options.” In order to receive this credit card, interested parties are required to have a Streamline Account, which is the bank’s savings account.
BankWest offers a line of credit through their low-interest BankWest Lite MasterCard for students. This credit card is offered to students who have studied at a Western Australia university for a minimum of two years. In order to qualify for this line of credit, those applying must have a BankWest Student account.
Finally, Westpac offers a Visa card for students and if the applicant is either moving frequently or working part-time, the application approval requirements are easier. If a student doesn’t fit into either of these categories, another card may be more appropriate, as this card carries a relatively high interest rate of 19.45 percent. This card, however, does not require that the applicant have an account at any particular bank.
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