Income Bank

Helps you keep more of your Youth Allowance, Austudy or ABSTUDY payment if you’re a student or an Australian Apprentice receiving an income.

Your Income Bank allows you to earn credits where your income is less than $480 a fortnight.

You have an Income Bank if you get a certain payment.

You can earn up to $480 a fortnight under the personal income test before we reduce your payment.

There’s a maximum number of credits you can have in your Income Bank.

Page last updated: 10 December 2021.

QC 22696

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