Best Bank Accounts for Newcomers in Australia (2025 Edition) Moving to Australia and wondering where to start with your banking? Opening the right bank account is one of the first smart financial moves you’ll make as a newcomer. In this post, we compare the top banks in Australia for 2025 that offer low fees, easy access, and great mobile apps — perfect for international students, workers, and new residents. 🏦 Top 5 Bank Accounts for Newcomers 1. Commonwealth Bank – Everyday Account Smart Access ✅ No monthly account fees (if under 25 or student) ✅ Easy online setup ✅ Widely available ATMs Best for: Students and casual workers 2. NAB – Classic Banking Account ✅ No monthly fees for everyone ✅ No minimum deposit ✅ Good mobile banking Best for: Newcomers looking for zero-fee account 3. ANZ – Access Advantage Account ✅ Fee waived for students ✅ Reliable customer service Best for: People who want full-service options 4. Westpac – Choice Accoun...