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St.George Fee-Free Banking With The Complete Freedom Fee-Free Bank Account

Posted February 6th, 2010 and last modified June 15th, 2011

St George Vertigo

Featured St.George Card

Not only is the St.George Vertigo MasterCard a fantastic low rate shopping card, It provides you with an option to link all your St.George accounts onto one card and with MasterCard SecureCode service which uses a password to make all your transactions safe and secure.

  • $55 annual fee
  • 13.24% p.a. on purchases
  • 0.99% p.a. for 12 months on balance transfers
  • Cash Advance Rate of 21.49% p.a.
  • 55 days interest free
  • Minimum Income Requirement of $15,000 p.a.
  • Up to 55 days interest free on purchases

A fee-free bank account helps you keep your precious cash where it belongs: in your bank account.

It is always galling to see a bank take a fee from you, especially when you keep your balance in the black and are therefore helping to keep that bank in business. This is especially so considering the events of the past eighteen months, when some banks have been shown to have behaved irresponsibly with your money.

The St.George fee-free Complete Freedom Account allows the customer to avoid normal account maintenance fees providing they adhere to one condition.

To qualify, you must be depositing at least $2,000 in your account each month, which will most likely be your salary. After that, you are not required to maintain any sort of minimum balance to benefit from this fee-free bank account. You could run it down to $1 the very next day if you wanted.

The main advantages of a St.George fee-free bank account:

* Unlimited access to branches, internet banking and over 2,900 ATMs across Australia

* A Visa Debit Card

* Access the Complete Freedom Account anywhere with iPhone banking

* Keep up-to-date on your accounts with ten free SMS alerts per month

* If your monthly deposits fall below $2,000 a month, you will still benefit from a reduced monthly account service fee of $5, rather than 7$ It will take ten minutes to apply for this fee-free bank account online. However, if there is more than fifteen minutes’ inactivity during the application, anything input will be wiped and you will have to start again. It is open to single or joint applications, and you need to be over eighteen years of age and a permanent resident of Australia.

You can apply for this St.George fee-free account in the following way:

* Provide your contact details, such as address, phone number and an email address

* New customers are not required to provide their tax file number (TFN), but if they do not, St.George will need to collect withholding tax on any interest you earn

* If you are an existing customer who is registered for Internet & Phone Banking, you can automatically insert your details onto the form by entering your Internet Banking log on details

* Once your application for the St.George fee-free account has been submitted, you will receive an email containing your application number and information on what to do next

* A Welcome Pack will be sent to you in the mail

* If you are a new customer of St.George, you will need to complete an identification check at a St.George branch or Bank@Post outlet

Check out today's featured offers:

Westpac Low Rate Citibank Clear Platinum Qantas AMEX Discovery ANZ Platinum
Westpac Low Rate Card St George Vertigo American Express Qantas Discovery Card ANZ Platinum Credit Card

0% p.a. for 6 months

on purchases & balance transfers

2.9% p.a. for 12 months
on balance transfers

$0 annual fee

Up to 10,000 Bonus QFF Points

0% p.a. for 6 months on

purchases & balance transfers

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