St.George does not provide a way to buy cryptocurrency directly through its online banking platform. Use a regulated exchange in Australia to purchase digital assets using funds deposited from a St.George account or card.
Unsure about where to buy?
Where St.George customers can buy crypto
On website
Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.
Highlights
- Access thousands of assets across multiple categories.
- Copy trades of popular investors that trade Crypto.
- Access powerful analysis tools and innovative social features.
Pros
Cons
On website
Highlights
- Receive $10 worth of BTC when you sign up and verify your account.
- Trade over 300 assets on Swyftx including Bitcoin, Ethereum, Ripple and Litecoin as well as DeFi coins such as UniCoin.
- Deposit or withdraw funds from your account using several payment methods (PayID, OSKI, POLi or bank transfers).
- New to Crypto? Try Swyftx's demo mode, it allows you to mock trade with no financial risk while you learn the ropes of crypto trading.
Pros
Cons
On website
Highlights
- Sign up on Binance Australia to get a 100 USDT cashback voucher. Terms and Conditions apply.
- World's largest crypto exchanges.
- Buy, sell, trade, and stake 1,000s of crypto coins and trading pairs.
- Zero-fee deposit via PayID or Osko from Australia.
Pros
Cons
Still not sure?
FAQs
Can you buy crypto directly with St.George?
St.George does not currently offer a way to purchase cryptocurrency directly with them, as is the case with most Australian banks. To buy crypto, you can use a cryptocurrency trading platform or brokerage and fund the purchase with a bank transfer from your St.George account or deposit funds using your St.George credit or debit card. It is vitally important to research the platform you are using carefully and only invest what you can afford to lose.
Does St.George block crypto-related transactions?
St.George does not block cryptocurrency transactions. Customers may be able to use their St.George accounts to buy or sell cryptocurrency through third-party platforms, but St.George cautions about the risks of investing in cryptocurrency.
Can St.George bank accounts be used to buy crypto?
Yes, you can transfer funds from a St.George bank account to an exchange or brokerage where you can buy cryptocurrency.
Can St.George credit cards be used to buy crypto?
Yes, it is possible to use a St.George credit card to deposit funds at a cryptocurrency exchange or brokerage where you can buy crypto. Not every exchange or brokerage supports credit card deposits. Those that do typically charge an additional fee. St.George's credit card terms and conditions state that crypto-related purchases are considered cash equivalent and will incur interest at the same rate as a cash advance.
Can St.George debit cards be used to buy crypto?
You can use a St.George debit card to purchase cryptocurrency at an exchange or brokerage. However, not every exchange and brokerage accepts debit card deposits, and those that do may charge additional fees.
Further details
St.George’s crypto policy
St.George does not facilitate buying or selling of cryptocurrencies on its platform, nor has it blocked customers from buying crypto with their St.George credit card. Being part of the Westpac Group, St.George will likely follow Westpac's reasonably forward-thinking lead concerning crypto.
