Bread Crumb Trail

Banking & Saving
ProviderAccountAERMin BalMonthly FeeApply
FREE HSBC ATM, Online, Cash, Phone, Direct Debit transactions
5 FREE (anybank) ATM transactions per month
1%
$1
$0 p.m.
FREE ANZ ATM, Online, Cash, Phone, Direct Debit transactions. Fee's Charged for Non-ANZ ATM use.
2%
$1
$6 p.m.
FREE use of any ATM overseas with NAB Visa Gold
(non-NAB ATM use in Australia will be charged)
FREE international Visa Debit purchases
2%
$1
$12 p.m.
Unlimited St.George Transactions for a flat monthly fee of $7 Inc. Visa Debit Card.
0%
$1
$7 p.m.
Unlimited electronic transactions St George Transactions - Branch Services & Cheques Chargeable
0%
$1
$5 p.m.
Unlimited ANZ transactions via ANZ ATMs, ANZ Internet and Phone Banking, EFTPOS, Cheques and ANZ Branches for $5 a month. Terms and conditions apply. Non-ANZ ATM operator fees may apply.
0%
$1
$5 p.m.
  • HSBC Everyday Account comes with a linked Serious Saver Account offering the following:
  • Deposits up to $4,999 = Interest rate of 0.05%p.a
  • Deposits of $5,000- $499,999 = Interest Rate of 0.75% p.a
  • Deposits of $500,000 = Interest Rate of 2.25%p.a
  • No monthly account keeping fee
  • Unlimited free HSBC ATM transactions
  • Five free non HSBC ATM transactions per month
  • Unlimited ANZ transactions for $6 a month.
  • No credit check
  • Online fraud protection
  • 50% off monthly fee for Students
  • 3 additional card holders at no extra cost
  • Do NOT need to be a previous ANZ customer
  • No ATM fees
  • Make monthly deposits to avoid fee of:
  • NAB Ebanking = $4 fee - deposit $2,500pm to avoid this
  • NAB Classic = $5 fee - deposit $3,500pm to avoid this
  • NEB Gold = $12 fee - deposit $5,000pm to avoid this
  • Enhanced security
  • NAB Gold Visa Debit
  • Unlimited St.George Transactions for a flat monthly fee of $7
  • 10 Free SMS Alerts a month.
  • VISA Debit Card
  • Deposit cheques into your account via internet banking
  • No minimum monthly balance required
  • 24/7 access to Internet and phone banking
  • Cheque book available at your request.
  • Discounts on the monthly account service fee if your St.George Home Loan repayments are deducted from this account.
  • Unlimited electronic St.George Transactions. Branch Services & Cheques Chargeable. Flat monthly fee of $5
  • VISA Debit Card
  • Deposit cheques into your account via internet banking
  • No minimum monthly balance required
  • 24/7 access to Internet and phone banking
  • Unlimited ANZ transactions via ANZ ATMs, ANZ Internet and Phone Banking, EFTPOS, Cheques and ANZ Branches for $5 a month
  • Unlimited transactions via ANZ Internet Banking.
  • You can deposit your salary, and set up direct deposits into your account.
  • If you are aged under 18, or 60 and over, or are a full time student at an Australian educational institution, ANZ can waive the monthly account service fee.
ProviderAccountAERNoticeInterest PaidMin BalApply
4.40%
Instant
Monthly
$1
4.45%
Instant
Monthly
$1
4.45%
Instant
Monthly
$1
4.25%
Instant
Annually
$0
4%
Instant
Monthly
$1
3.20%
Instant
Monthly
$1
  • Open a NAB iSaver on or before 21 June 2009 and you’ll receive a fixed bonus interest rate of 1.65% p.a. for 4 months, on top of the standard variable interest rate, currently 2.75% p.a making you total 4.40p.a for the 4 months.
  • After this introductory period, you'll receive the standard NAB iSaver variable interest rate, currently 2.75% p.a.
  • Interest is calculated daily and paid monthly
  • Open an account with $1
  • Pay no transaction or account keeping fees
  • Make unlimited deposits and withdrawals
  • No Direct ATM withdrawal instead withdraw via transfer to other account or beneficiary.
  • Earn up to 4.45% p.a. in high interest
  • No monthly account keeping fees
  • No minimum balance or deposit
  • Interest calculated daily
  • You can access your money by transferring over the internet, from your eOptions account to your everyday account.
  • You can then withdraw your savings from this account at any time.
  • To help you save Suncorp will not be issuing you with an ATM card with this account.
  • Earn 4.45% p.a. by linking your Everyday Options account to a No minimum balance or deposit amount.
  • Unlimited access in-branch and through Phone and Internet Banking.
  • Account access with Visa Debit card.
  • Interest rate of 4.25%p.a
  • 4.25%p.a rate includes a bonus promotional variable interest of 0.75% p.a. that is added to ANZ Online Saver standard variable rate, which as at 1st July 2009 is 3.50% p.a. Rate is subject to change.
  • No Minimum Balance
  • Interest is calculated daily and paid quarterly
  • Safe and secure Government Guarantee on deposits
  • 24/7 State of the art online banking
  • Terms and conditions, fees and charges apply.
  • NO Fee's
  • No Minimum Deposit
  • 4.00%p.a on amounts up to $1million
  • $1m and over subject to 5.90%p.a
  • 3.20%p.a for customers who hold an internal nominated account
  • No fees
  • No minimum balance
  • Instant funds transfer if linked to St.George account
  • Unlimited fee-free phone and Internet banking
  • Interest calculated daily & paid monthly
  • Open up to 15 multiple directsaver accounts
  • Use it as your DIY Superannuation.
ProviderAccountAERNoticeInterest PaidMin BalApply
View Full Table >
4.50%
Deposit $10k+ over a fixed term from 1 month - 2 years
On Maturity
$10,000
  • Minimum opening balance $10,000
  • Terms and Rates:
  • 1 month: 3.00 %
  • 3 month: 4.35 %
  • 6 month: 4.35 %
  • 9 month: 4.10 %
  • 1 year: 4.50 %
  • 2 year: 4.75 %
  • Interest is calculated at an Interest Rate which is fixed for the duration of your Term Deposit.
  • Interest is paid on maturity unless otherwise agreed.
ProviderAccountOfferBrokerage FeeApply
Open a new account and receive up to 25 free trades
$32.95
  • Why use St.George directshares:
  • 1. Value for Money - Trade from as low as $32.95
  • 2. Comprehensive research from seven research providers
  • 3. Use your everyday St.George bank account to settle your trades.
  • 4. Borrow to Invest - Link your St.George trading Account to a St.George Margin Loan in the knowledge that St.George Margin Lending has been awarded "Best-Featured" Margin Loan 2006 & 2007 at the Money Awards.

Latest Bank Account News RSS Feed

Westpac survey suggests recession still possible
Australians shouldn't feel too confident in terms of the economy, after a leading survey suggests it may not have heard the last of the 'R-word' with a strong possibility it could still be heading for a technical recession this year. ...
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Wed 17th Jun, 2009
ANZ, NAB and Westpac rates under review
Westpac Banking Corp. - the second largest home loan lender in Australia, Australian New Zealand (ANZ) and National Australia Banking Group (NAB) have all said their interest rates are constantly under review ...
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Fri 12th Jun, 2009
Australia avoids falling into recession
The Australian economy grew by 0.4% throughout the first 3 months of 2009, allowing it to avoid falling into recession. Some of the key factors that helped the economy to rebound from the 0.5% contraction recorded from October to December 2008 ...
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Wed 3rd Jun, 2009
House asking prices rapidly falling
According to a data collected by property information provider RP, people currently looking to sell their homes are having to significantly reduce their asking price if they expect to make a sale.The data shows that they are having to cut t ...
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Thu 28th May, 2009
Banks make over $1bn in fees for 2008
Australian's banks made more than $1 billion last year alone as a result of people exceeding credit limits, paying bills late and using through ATM charges.The banks have suggested that this figure could be cut by around 30% if people were mor ...
Read More >
Thu 28th May, 2009
Government finds hand-out scheme included the deceased
It has come to light that the Australian government's cash-handout scheme designed to help kick-start the economy has passed the aid to thousands of people that had earlier died. ...
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Thu 28th May, 2009
How to reach your Savings goal faster
The idea of saving money seems to have associated itself with being out of pocket and struggling to keep the current life-style you pursue, but this does not have to be so, as it is possible to save money in a short space of time without having to make sa ...
Read More >
Tue 21st Apr, 2009

Top Ten Banking & Savings Tips

1. Protect yourself against inflation

You may not have thought it possible to lose money that you have in a transactional or savings account, but technically this is the case. Its all down to the rate of inflation verses the interest rate paid on your account. If the rate paid on your savings falls below that of inflation, your money will lose value, as inflation determines the cost of goods and services, and if these increase but your money stays the same then your savings will slowly erode.

This does not have to be the case. If you choose an account that pays a higher interest rate than the current rate of inflation then you can watch your money grow and have peace of mind in knowing you are not losing money. Compare transactional and saving accounts at Which4u

2. Choose the best type of account paying the highest rates to suit your lifestyle

If you are flexible enough with your savings to be able to lock them away for periods of time then it is worth considering term deposits. These accounts allow you to benefit from the highest rates available, making them very attractive to the savvy saver.

Term deposits – or fixed rate bonds, run for different periods of times which carry different interest rates. Ideally you should choose the term offering the highest rates. However, this may not suit all savers, as some terms run for several years and carry penalties for accessing your cash before the agreed period expires.

It is important to be aware of recent interest rate trends as if rates are following a pattern on the rise then you will be fixed to the rate agreed, so would not be able to benefit from higher rates that new customers would be exposed to. This can also work the other way, as if you lock in on a rate and shortly after rates begin to fall, you will not be affected and you will continue to earn the rate agreed until the account reaches its end date.

Compare term deposits at Which4U

3. Have your salary paid into a high interest savings account

By having your salary paid into an account paying high rates you can begin earning interest as soon as your money is in your possession. You can then manage your money by transferring it to your transactional account as and when required.
 
This may not be suitable for everyone, and requires you to be aware of all your outgoings to ensure you do not incur charges for late payments or attempting to pay a bill from an account that is empty so you need to be organised and stay on-top of your accounts. Compare savings accounts at Which4U

4. Set realistic saving goals and stick to them

People tend to do a better job of saving when they have a goal or a target in mind, such as a holiday that you can look forward to and appreciate knowing that the set target has been reached. Your daily state of mind is effected when you go into saving mode, as you become more aware of your spending and take more control of your spending habits. It helps you to become more money minded, allowing you to think more about ways in which you could be more efficient with your purchases, and other ways you could make more money to achieve your savings goal quicker.

It is very important to make sure your budgeting is realistic and something that you can stick to for the life of your savings plan. Make sure you have calculated all of your outgoings when estimating how much spare cash you have at the end of each month. Also, it is always best to add some extra money onto your outgoings in the event of unexpected expenses being required.

5. Always shop around when making purchases big or small

When you decide it's time to buy that new computer you've been looking for, or any other purchase for that matter, always compare prices in the market, as nine times out of ten you will be able to find it cheaper elsewhere. As well as searching the high street check online, as online stores can generally offer better prices as the companies that you are buying the items from have lower outgoings than a business that has to pay for things like rent and staff costs.

If you ever decide to take out a loan or finance deal for a purchase, make sure you have looked at all the options available to you and compare loans and finance deals before signing on the dotted line. Compare loans at Which4U

6. Cut unnecessary bank charges

Australia's financial services sector is constantly evolving as customer needs change and more competition enters the market, which is great news for us, as this naturally provides the market with better deals such as low or non existent bank fees.  

In the past, credit cards always came with an annual fee, but some credit card companies have now introduced low fee and fee free credit cards.

The credit card market is currently full of cards designed for a range of audiences. When one element of a credit card stands out to other cards such as no annual fee, it generally comes at a cost, so look at all the features to make sure the card will fit in with your lifestyle. Compare credit cards at Which4U

A number of transactional and savings accounts are also available with no fees, and as the rising competition has forced companies to constantly improve deals in an attempt to attract more business.

7. Use a credit card for every day purchases and earn rewards

There are a number of credit cards that offer a variety of different reward schemes offering cashback, airmiles, and discounts in certain retail outlets.

Credit cards have been given a bad reputation in the past, as they are seen as an easy way to get yourself into debt. However, this does not have to be the case, and if used sensibly can be a useful tool for being rewarded for your spending.

Reward credit cards generally provide users with a point for every dollar spent, which can be used for a range of rewards. The key to success with reward credit cards is to always make sure you pay off the balance in full and on time to avoid incurring interest fees and penalties.

This will effectively give you something for nothing, as the points you accumulate and exchange for goods or services can be obtained at no extra cost to you. Compare reward credit cards at Which4u

8. Review your mortgage to make sure it is the best option for your lifestyle

If you signed up for your mortgage in the past, it may be worth looking into whether you are still getting the best deal. Many things can change over time, a main factor being interest rates, but also peoples financial positions. For this reason you may wish to consider the following:
  • Is your mortgage a fixed or variable interest rate? Is this still the most suitable type of mortgage based on your lifestyle?
  • Are you getting the best possible interest rate?
  • What features does your mortgage provide? Are they still required or are you repayments higher as a result of benefits you don't use?
  • Are you charged monthly or annual service fees that could be avoided?
  • Have you considered making additional repayments to be given the flexibility to access these funds when required at no cost?
These are all questions that should be asked, and if you think there are better deals to be had, consider looking at your options and start saving money today! Compare mortgages at Which4u

9. Avoid paying high unnecessary premiums on insurances

The golden rule which may seem obvious is to shop around for insurance:  Before renewing your existing policies or purchasing new cover, compare several competing companies to find the best rates. At Which4u we compare insurance companies side by side in our comparison tables to find you the best deals. Compare Insurance at Which4u

One way of reducing insurance premiums is by increasing the voluntary excess you wish to pay if you require a claim. This can have a significant effect on the cost, however, it can be risky as you would have to pay the excess if you make a claim which could amount to several hundred dollars.

10. Online Banking

Most financial institutions provide Internet Banking as standard, putting you in control of your account. You can access account balances, itemised transaction details, move funds between accounts, pay bills and much more. You also have the flexibility to manage your accounts 24 hours a day, 7 days a week.

By transferring funds & paying bills using Internet Banking you could save money and time, plus there are no fees involved with using Internet Banking.