Uni students can save thousands with this discount guide

Uni students can save thousands with this discount guide

If you’re a university student who’s finding it hard to get by on a limited budget, you’ve come to the right place.

The challenge for students is trying to find the balance between studying, working and socialising.

It often seems like there are too many things to do but not enough money to make them happen.

So we’ve put together a bumper list of freebies and discounts for textbooks, technology, food, entertainment, fashion, music, fitness, insurance and travel.

Student Edge

Student Edge is a great source of freebies and discounts.

For example, students can get free access to Microsoft Office 365 Education.

Students can also get discounts of up to $250 on selected Apple products, such as iPads and MacBooks, as well as price reductions on Lenovo laptops.

Other technology savings include:

  • 10 per cent off Optus SIM prices and 15 per cent off selected gaming products.
  • 6 per cent discounts at Booktopia and Angus & Robertson 
  • 10 per cent off magazine subscriptions.
  • 7 per cent off Australian Unity health insurance
  • 10 per cent off Ultra Tune car servicing
  • 50 per cent off Spotify Premium.

When it comes to fashion, students can save:

  • 40 per cent on Boohoo products
  • 20 per cent on Bonds, Globe and Hallenstein Brothers 
  • 15 per cent on The Iconic, SurfStich and City Beach.

After filling their wardrobe, they can fill their stomachs at Domino’s Pizza (30 per cent off) or Baskin-Robbins (15 per cent off).

When holidays roll around, students can get 10 per cent off Contiki tours, 15 per cent off Columbus Direct travel insurance and $50 off international flights with STA Travel.

Unidays

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Unidays is another website that offers lots of exclusive deals for students.

Students can save 30 per cent on HP products, 15 per cent on Dell systems and 10 per cent on Apple gear.

Tellnet offers discounted internet plans, while Telstra and TeleChoice offer discounted phone plans.

There are also many clothing discounts, including 25 per cent for Moss Bros, 20 per cent for Factorie, 15 per cent for The Iconic and 10 per cent for Topman.

Students can also get a 10 per cent reduction on Fitness First memberships and Amcal products.

They can also get 10 per cent discounts at Booktopia, as well as $1-per-week subscriptions to The Age and Sydney Morning Herald.

Student Discounts

Student Discounts is a specialist education software retailer that claims to offer “big discounts” on computer software, accessories, books and laptop bags from brands such as Microsoft, Avid, Nuance, Corel, Sony and Wacom.

Its product list includes Adobe Photoshop Lightroom, Microsoft Office 365 University, Wacom Intuos Pro, SPSS statistics software, Corel Draw Graphics Suite, Dragon Naturally Speaking voice recognition software, Adobe Creative Cloud Student/Teacher Edition and Sibelius music software.

Other special deals

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StudentVIP claims to have “Australia’s biggest textbook market”, where students can buy and sell used textbooks. The site also allows students to buy and sell subject notes.

Student Flights offers discounted airfares and travel insurance.

The Apple Store for Education has some discounts – although not every product that is listed has a reduced price.

The Student Wow Card is a student discount card for Queensland students. It claims to have specials from more than 260 businesses, including Woolworths, Event Cinemas, Apple Music and The Iconic.

* Please note that while all special offers were current at the time of publication, they might cease to apply in the future.

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Learn more about credit cards

Can I get a credit card on part-time/casual work?

Yes, as credit card providers look at your annual income amount as well as your occupation. Minimum income requirements tend to be between $30,000 – $40,000 for standard and rewards credit cards, however low income credit cards can have minimum income requirements as low as $15,000 per year.

What happens if I have a bad credit score?

If you have a bad credit score, you might encounter two main problems. First, the lower your credit score, the more likely you are to be rejected when you apply for a loan or any other credit product. Second, if your application is accepted, the less likely you are to qualify for the lowest interest rates.

Why should I check my credit rating?

There are two reasons you should check your credit rating: so you have a better understanding of your financial position, and so you can take action (if necessary) to improve your credit rating.

Lenders use credit ratings or credit scores to assess loan applications. The higher your score, the more likely you are to get approved, and the more likely you are to be charged lower interest rates and lower fees. Conversely, the lower your credit score, the less likely you are to get approved, and the more likely you are to be charged higher interest rates and higher fees.

Why do different credit reporting bureaus use different scores?

The reason Equifax, Experian and Illion use different scores is because they are independent companies with their own different methodologies. As a result, a score of, say, 700 would mean different things at different credit reporting bureaus.

However, the one thing they have in common is that they divide their scores into five tiers. So if you receive a tier-two credit score from one bureau, you will probably receive a tier-two score from the others, as well.

How to get a credit card for the first time

A credit card can be a useful financial tool, provided you understand the risks and can meet repayment obligations.

If you’re a credit card first-timer, review your options. Think about what kind of credit card would suit your lifestyle, and compare providers by fees, perks and repayments.

Once you’ve selected a card, it’s time to apply. Credit card applications can generally be completed in store, online or over the phone.

When you apply for a credit card for the first time, you must meet age, residency and income requirements. As proof, you must also provide documentation such as bank account statements.

What is a balance transfer credit card?

A balance transfer credit card lets you transfer your debt balance from one credit card to another. A balance transfer credit card generally has a 0 per cent interest rate for a set period of time. When you roll your debt balance over to a new credit card, you’ll be able to take advantage of the interest-free period to pay your credit card debt off faster without accruing additional interest charges. If your application is approved, the provider will pay out your old credit card and transfer your debt balance over to the new card. 

How easy is it to get a credit card?

For most Australians, there are no great barriers to applying for and getting approved for a credit card. Here are some points that a lender will consider when assessing your credit card application.

Credit score: A bad credit score is not the be all and end all of your application, but it may stop you being approved for a higher credit limit. If your credit score is less than perfect, apply for the credit limit that you need, rather than the one you want.

Annual income: Most credit cards have minimum annual income requirements. Make sure you’re applying for a card where you meet the minimum.

Age & residency: You need to be at least 18 years old to apply for a credit card in Australia, and most require that you are an Australian citizen or permanent resident. However, there are some credit cards available to temporary residents.

What's the best credit card for rewards?

There is no one-size-fits-all best rewards credit card. It's best you research what type of rewards program you'd like, as well as the fees, interest rate and conditions associated with those types of cards before making a choice. 

Rewards credit cards can also come with high annual fees that may end up nullifying the rewards, so think how often you use the card to decide whether the benefits outweigh the extra cost for you. A card with a lower annual fee might require a lot of spending to get any useful rewards, while another card with a higher annual fee might need fewer purchases to get a reward. 

How many numbers are on a credit card?

The numbers on your credit card actually follow a universal standard which is used to identify specific functions. Each credit card has a different amount of numbers. Visa and Mastercard have 16, American Express has 15 and Diner’s Club has 14. 

The first number on a credit card always identifies what type of credit card it is. Visa cards start with a 4, whereas Mastercard starts with a 5 and American Express with a 3. The remainder of the digits represent the account number, including the last number which is used to verify that your credit card is actually valid. 

Credit cards also have additional verification numbers, which are mainly used when the card isn’t present for phone and online purchases. These are the three-digit numbers on the back of Visa and MasterCard or the four-digit numbers on the front of an American Express card.

How do credit cards work?

Think of credit cards as a short-term loan where you use the bank’s money to buy something up front and then pay for it later. Unlike a debit card which uses your own money to pay, a credit card essentially borrows the bank’s money to fund the purchase. When you apply for a credit card, the bank assesses your income and assigns you a credit limit based on what you can afford to pay back. At the end of each billing cycle, which is usually monthly, the bank will send you a statement showing the minimum amount you have to pay back, including any interest payable on the balance.

How to get money from a credit card

You can get money from a credit card, but generally it will cost you.

Withdrawing money from a credit card is called a cash advance, as it operates more as a loan than a simple cash withdrawal. Because it is a loan, you may be charged interest on your cash advance as soon as you make the withdrawal. Interest rates are also usually much higher for cash advances than standard credit card purchases.

In addition to the interest rate, you may also be charged a cash advance fee. This could be a flat rate, or a percentage of your total cash advance. If you are considering a cash advance, make sure to add up how much it will cost you before committing.

What should you do when you lose your credit card?

Losing your credit card is a serious situation, and could land you in financial trouble. Here is a simple guide detailing what to do when you lose your credit card.

Lock you card – Contact your provider and inform them about your lost credit card. From here lock, block or cancel your card.

Keep track of transactions – Look out for unauthorised credit card transactions. Most banks protect against fraudulent transactions.

Address recurring charges – If your card is linked to recurring charges (gym membership, rent, utilities), contact those businesses.

Check credit rate – To ensure you’re not the victim of identity theft, check your credit rating a month or two after you lose your credit card.

How long does it take to get a credit card?

There are a few stages you need to go through to get a credit card; each one takes a different length of time.

Applying for the card online, over the phone or in person is the fastest step. This usually takes around 15 minutes, provided you have all of your documents handy.

After submitting your application, it usually takes between one to 10 business days for the lender to assess your eligibility. Some lenders offer instant approval, although you will need to send supporting documents before it is official.

Once your application has been approved, expect to wait between one to 14 days to receive your card in the mail. Keep in mind that delays can happen during busy periods, such as if the lender has launched a special deal.

How do I apply for a credit card online?