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Top 10 High-Interest Savings Accounts Australia: A Student Guide

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  • Start Here

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
  • Study

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
  • Work

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
  • Living in Australia

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
    • Accommodation
    • Banking
    • Food
    • Lifestyle
    • Health & Wellness
  • Travel

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
  • Visa & Immigration

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
    • Family & Partner Visas
    • Permanent Residency (PR)
    • Student Visas
    • Work & Skilled Visas
  • Parents Hub

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.
  • Student Hub

    1. The 2026 Reality: From $250 to $100

    While the "universal" $250 payments ended in late 2023, the Victorian Government launched a fifth round specifically for households feeling the most "bill stress."

    • The Payment: A one-off $100 bonus paid directly into your bank account.
    • The Deadline: Applications for this round are scheduled to close at midnight tonight, March 31, 2026.
    • The Eligibility: To get the $100, you must hold a valid Pensioner Concession Card or a Health Care Card.



    2. How International Students Qualify

    Many international students in Melbourne are eligible for a Low Income Health Care Card if they meet the income test (earning less than roughly $700 per week).

    • If you have the card: You are eligible for the $100 bonus right now.
    • If you don't have the card: You cannot claim the $100 PSB, but you may still be eligible for the Energy Bill Relief Fund, which provides automatic credits of up to $300 per year directly onto your electricity bills in quarterly installments (available to most active residential accounts in 2025-2026).



    3. The "Midnight Deadline" Application Steps

    If you have a Health Care Card and a recent electricity bill, you have a few hours left to apply:

    1. Go to the Website: Visit .
    2. Upload Your Bill: You will need a PDF or a clear photo of your most recent electricity bill.
    3. Enter Your NMI: Find your National Meter Identifier (NMI)—it’s a 10 or 11-digit number usually found on the second page of your bill.
    4. Submit Your Details: Enter your bank account info. The $100 is usually transferred within 2 to 3 weeks.



    4. Other 2026 Energy Relief for Students

    If you missed the PSB deadline, don't panic. There are other ways to lower your costs this winter:

    • The Energy Assistance Program (EAP): A free service for Victorians in hardship. Call 1800 512 012 to get a 1-on-1 session where an expert will find you a cheaper energy plan and check for unclaimed concessions.
    • Victorian Energy Upgrades (VEU): As a student renter, you can access free LED light replacements and draught-proofing through government-accredited providers to lower your usage.

Category: Student Hub

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Can International Students Get the $250 Power Saving Bonus in 2026?

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Can I Be Evicted Immediately for Late Rent in Melbourne? (2026 Laws)

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Top 3 Fast-Approval Emergency Grants for International Students in Victoria (2026)

Top 3 Fast-Approval Emergency Grants for International Students in Victoria (2026)

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  • April 8, 2026
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Red Cross Migration Grant Eligibility: How to Get $200 (2026)

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Can I Get Same-Day Financial Help at the Study Melbourne Hub? (2026)

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Interest-Free Loans for Laptops and Textbooks: A 2026 Guide

Interest-Free Loans for Laptops and Textbooks: A 2026 Guide

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  • April 8, 2026
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Top 3 Reasons Student Loan Applications Get Declined in Melbourne (2026)

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How Long Does it Take to Get a UniMelb Short-Term Loan Approved? (2026)

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