Best Savings Account for a Student

Slide To Unlock on 24/12/2014 - 10:20

Hi all im looking for a savings account wit high interest but am unsure of which one to choose.im am able to deposit 200 dollars monthly .I am pretty naive to how finances so any help would be gladly appreciated.

Thankyou for your time

Financial

Comments

  • johndowy on 24/12/2014 - 10:26
    +4

    UBank.

    • tomleonhart on 24/12/2014 - 10:28
      +3

      Or more specifically, USaver Ultra

  • inherentchoice on 24/12/2014 - 10:50
    -1

    Should this be in the Financial forum?

  • dasher86 on 24/12/2014 - 12:20
    -1

    I say ing direct.
    only .01% difference against Ubank but the transact account has superior benefits ( i know not in the scope of question) and would greatly benefit a student.

    • Unorthodox on 24/12/2014 - 16:31

      The OP can only deposit $200, so would that mean he/she transfers $1000 out and then redeposits it?

      Note: there's an automatic sweep with UBank that keeps minimum $100 in your everyday account with 0% interest. (It's not a very significant loss but I find it annoying if I will need to withdraw and it keeps topping up from my savings)

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