Need to Choose the Best bank in Australia as a new Immigrant?.
The Big Four Banks in Australia are: Australia and New Zealand Bank [ANZ], Commonwealth Bank [CBA], National Australian Bank [NAB] and Westpac [Wetspac]
I have personally found that the NAB is an easier bank to open an account with, for a new Arrival to Australia, with these three points in mind:
- No monthly fee, no matter what your balance is. Some other banks have conditions to allow fee rebates, or “free banking”.
- Quite easy to get an account as a student.
- They can also open an account for some people while on a Visitor visa, while most banks will not even consider that.
From my personal experiences with those three points, I feel the NAB is the better option for new arrivals.