What does a Teller earn?

On average, tellers earn around $38,850 per year in the U.S.. Tellers work at financial institutions such as banks and credit unions, providing basic banking services to customers. They handle transactions such as deposits, withdrawals, and transfers, as well as providing advice on matters such as loan options. Teller positions usually involve cash handling processes, although digital banking has introduced an array of new roles in this field.

How to earn more as a Teller

To become a teller, you will need to have high school qualifications and usually have to have completed an approved training program. Alternatively, you can obtain a bachelor's or master's degree in banking, finance, or accounting. To increase your earnings as a teller, you can further your qualifications with a Certificate IV in Finance and Mortgage Broking or a Diploma of Financial Services. You can also become a supervisor, senior teller, financial officer, or a branch manager. Finally, you may decide to become a freelance or contract employee, or you could even start up your own business offering financial services.