Bank Accounts News
The latest bank accounts news and tips
Branches and ATMs on the decline as Aussies move away from cash
Access to face-to-face points of contact, such as bank branches and ATMs, fell in the last financial year, as COVID-19 strikes another nail in the coffin of cash. ANZ ditched nearly half of its ATMs and closed 1 in 5 branches.
special$0 monthly account keeping fees.
Enjoy access to hundreds of ATMs nation-wide with this bank account that also charges zero ongoing fees. Avid savers can also link up to nine savings accounts to their bank account.
Which banks are offering financial relief to customers affected by the latest lockdowns?
With several areas around Australia locking down to help halt the spread of COVID-19, several of Australia’s leading banks have introduced measures to provide support and financial relief to customers who are doing it tough.
How to perform a financial health check for the new financial year
The new financial year is almost upon us and it’s the perfect time to take stock of your personal finances and perform a financial health check. Using RateCity comparison tools, such as tables and calculators, let’s look at how you may perform a financial health check.
Over a quarter of Aussies feel better about their finances than a year ago
Just over a quarter of Australians feel better about their finances than 12 months ago, according to research from the latest RateCity survey. There are some actions you may want to consider to take back control.
Most Aussies paying with savings over credit as debit card use sharply rises: ABA
Payment by debit cards in Australia has outweighed credit cards by almost three times, according to new data released by the Australian Banking Association (ABA).
Australians stash an extra $124 billion in the bank in the year since COVID
New figures out today from APRA show Australians have deposited an extra $124.14 billion in the bank since COVID hit. At the same time people have been stashing their cash, the interest rates offered on savings have plummeted.
1 in 3 Australians have fallen victim to a financial scam
Almost one third of Australians have been hit by a financial scam, new RateCity research shows. Scams included credit card hacks, identity theft and people who had been tricked into handing over money.
Banks offer support for customers affected by NSW floods
With entire regions of central New South Wales being affected by severe flooding, several of Australia’s banks have offered relief and support packages for affected customers.
Best bank accounts for January 2021
As savings accounts and term deposit rates dip below 1 per cent, ensuring you have the most competitive bank account can be a great way to kick off your 2021 financial health check.
Start 2021 with a financial checkup
New year, new you, new focus on financial health. Here are a few ways you could look into getting your finances in order in 2021, or in the years to come.