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Transaction

Student Banking

A package designed specifically for full-time students offering a variety of benefits and transaction fee-free banking.

VTMB - Victoria Teachers Mutual - Student BankingFull-time university, TAFE, CAE, VCE students or those registered in a traineeship, apprenticeship or other registered course, can bank with fee-free transactions as part of our Student Banking Package, which contains a range of exclusive offers just for students.


Benefits and Features:

  • No transaction fees and no monthly account fees.
  • 0% p.a. for 6 months on our Visa Classic Credit Card.1
  • Up to 100% finance for car purchase.2,3
  • No establishment fee on our Personal Loans.
  • No establishment fee on our Student Loans (with the option to defer repayments for up to 3 years).4
  • Up to 10% discount on Home and/or Contents Insurance.3,5
  • Up to 7.5% discount on Health Insurance with Australian Unity.3
  • Free Financial Planning consultation.

For full details of the Student Banking package, refer to our Student Banking brochure.


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Would you like to know more about this product?

Chat with one of our Member Service Consultants online to find out more about this product or any other enquires you may have. Web Chat is available between 9:00am and 5:00pm Monday to Friday. For enquiries when a Consultant is busy or unavailable please call us on 1300 654 822 or email memserv@victeach.com.au.
Note: For security reasons, we will not discuss your personal details or sensitive account information via this service.




1. Subject to assessment criteria and loan suitability assessment. Will revert back to standard variable interest rate once 6 month period is complete. Refer to our website for current interest rates. 2. Available to eligible applicants. 3. Conditions apply. 4. Repayments can be deferred until completion or termination of studies (up to 3 years), with interest accruing from the date the loan is disbursed. Guarantor may be required. 5. Minimum premiums may apply. Any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements.

CGU Insurance Limited ABN 27 004 478 371, AFSL 238 291, Australian Unity Health Limited ABN 13 078 722 568 and Doug Kerr Insurance Consultants P/L trading as Brokers National AFSL 246 366, ABN 67 078 679 071 are the insurance providers. In arranging this insurance, Victoria Teachers Limited ABN 44 087 651 769, AFSL/Australian Credit Licence Number 240 960, acts under an agreement with the insurers, not as your agent. A Product Disclosure Statement (PDS) should be considered before acquiring a product and can be requested by calling our Insurance Services on 1300 654 166. We receive commission on these insurance products as a percentage of the premium price for each policy ranging from 5-35%.

Rates & Fees

An Everyday Account is opened automatically for Student Banking Package holders.

Full-time university, TAFE, CAE, VCE students or those registered in a traineeship, apprenticeship or other registered course, can bank with fee-free transactions as part of our Student Banking Package.

Everyday Account Interest Rate

$0-$14,999

0.05% p.a.

$15,000-$29,999

0.05% p.a.

$30,000 and over

0.05% p.a.

For more details on transaction fees and tips on how to transact fee-free visit our Fees page or refer to Terms and Conditions: Part B.

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Terms and Conditions

  Part A - Product Information
  Part B - Fees and Charges
  Part C - Interest Rates
  Financial Services Guide

  1. Interest Rates effective 2 December 2013.

Calculators

Budget Planner Calculator

Wondering where your money goes? Help plan for the future by doing your budget online.

 

More Information

Download

Student Banking Brochure

This brochure provides information on the features and benefits of our Student Banking Package.

 

 

With our wide range of access channels you can manage your money 24/7.
Visit our Access page.

 

How to Apply

If you're already a customer, call us on 1300 654 822 to find out how to access our Student Banking products and services.

If you are not already enjoying the benefits of banking with a customer owned organisation, become a new customer today.

Join Online

Alternatively, you can:


Call


Join over the phone

By calling our friendly Service Consultants on 1300 654 822 between 8:00am and 7:00pm Monday to Thursday and Friday 8:00am and 6:00pm.

 

Download

Download a New Customer Pack

Complete the New Customer Pack and return it to the Mutual Bank by mail, fax or take it to one of our Service Centres.

 



Visit a Service Centre

Complete an application in person at our Hawthorn East or Moonee Ponds Service Centres.