Bank Account Articles

Relevant Bank Accounts articles and tips

Laine Gordon

Head of Public Relations

Free cash up for grabs

Misplacing the odd $10-note here or there may not be unusual for most of us, but what about forgetting hundreds of thousands of dollars?

Bank Accounts

13 Nov, 2011

3 min read

Laine Gordon

Head of Public Relations

Tying the financial knot with a joint transaction account

Australians in serious relationships often choose to combine their finances, opting for joint transaction accounts, savings accounts and credit cards. But what do you do if your relationship sours, putting your finances at risk?

Bank Accounts

11 May, 2011

3 min read

Tying the financial knot with a joint transaction account

Laine Gordon

Head of Public Relations

Students set to save hundreds on everyday banking

For many students living on a miniscule budget, savings of any size are welcome. That's why it may come as a surprise to discover that students and young Australians are the most frivolous group when it comes to accruing fees on their transaction accounts, according to Reserve Bank of Australia (RBA) figures.

Bank Accounts

11 May, 2011

3 min read

Students set to save hundreds on everyday banking

Laine Gordon

Head of Public Relations

Transaction fees exceed $413.5 million this year

More Australians are shopping smarter and using their transaction accounts for purchases rather than credit cards compared with this time last year, new figures have revealed.

Bank Accounts

05 May, 2011

3 min read

Transaction fees exceed $413.5 million this year

Laine Gordon

Head of Public Relations

Aussies flick credit for debit cards and save

More Australians are shopping smarter and using their transaction accounts for purchases rather than credit cards compared with this time last year, new figures have revealed.

Bank Accounts

05 May, 2011

3 min read

Aussies flick credit for debit cards and save

RateCity

Debit cards

A debit card operates in much the same way as a credit card, meaning that you can use it at most point-of-sale terminals, as well as online or over the phone. However unlike a credit card, debit cards use funds from your transaction account.

Bank Accounts

04 May, 2011

2 min read

RateCity

Everyday Account

An everyday account or transaction account is a standard deposit account held at a bank or other financial institution. The main purpose of an everyday account is to securely hold funds, usually for the short term.

Bank Accounts

04 May, 2011

2 min read

Laine Gordon

Head of Public Relations

Avoid bank fees at the BPay checkout

Despite a stereotype that insists that generation Y is online savvy, new research points to the contrary when it comes to the under-thirties group's bill-paying habits on their transaction accounts.

Bank Accounts

25 Mar, 2011

3 min read

RateCity

Online transaction accounts

Continued growth in web-based shopping sites, online bill payment and internet banking platforms has fuelled Australian consumer's appetite for online transaction accounts and offered a host of competitive transaction accounts enticing Australians with high interest rates, like the ones we have listed here on RateCity.

Bank Accounts

25 Mar, 2011

3 min read

RateCity

ATM Fees

ATM fees are the fees that consumers pay for withdrawing cash from their transaction accounts or even asking for a balance enquiry via an ATM.

Bank Accounts

09 Sep, 2010

2 min read

Laine Gordon

Head of Public Relations

Aussies spend more than $51 million per month on ATM fees

Australians are still paying unnecessary ATM fees but there are ways to avoid the sting. RateCity investigates. In today's fast-paced world, one of the most convenient ways to access your money from your everyday transaction accounts is through an automatic teller machine (ATM). However is this convenience worth the fees?

Bank Accounts

23 Jul, 2010

3 min read