Feb 18 2008, 02:19 AM
QUOTE(haya @ Feb 16 2008, 08:59 PM)
As far as I know, all student accounts have the same interest as normal account. The only thing about student accounts is you don't have to pay the monthly fee and most transaction fees. Besides, what sort of bank denies students a interest account?!
I can't believe I'm typing this.
Hmm sorry for sounding like a new student though I've been in Aussie for a year....As far as I'm concern, does ANZ bank student account has interest? I dont think there is as it is a free account...If want to have an account with interest, it would be the V2Plus account ( smthg like that, cant remember the exact name) which isn't free anymore.. that account has to have min $5000 inside to get the interest rate of %5.7 ( or 5.5%? )..Please do enlighten me on this matter. I can't believe I'm typing this.
P/s: does interest gained from bank taxable for students?
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