Bank Accounts News

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).

Global Currency Account

special

Earn 0.75% interest and no withdrawal fees.

Consolidate your international bank accounts into one place, with account details for up to 10 currencies.

$0 account keeping feeApp banking available

Account Keeping Fees

Monthly

ATM Fee

Over 3,000 Westpac Group ATMs

Go to site Citi terms and conditions

Global citizens and avid travellers can take advantage of an international bank account with account details for up to 10 currencies, and no ongoing fees.

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.

Four new year’s financial resolutions to kickstart 2021

Whether you’re struggling with debt, scared to try new things or have kept your finances on autopilot up until now, here are four new year’s financial resolutions to kickstart your 2021.

Bank account boom: what banks are offering to win your business

Banks are fighting for your business and putting generous offers on the table for new transaction account customers.

Gift cards: The Christmas naughty and nice list

RateCity.com.au has released its annual ‘naughty and nice’ gift card list, as Australians rush to find the perfect last-minute present this Christmas.

Best bank accounts for October 2020

There’s no time like the present to ensure your transaction account is offering you competitive features and minimal to no fees.

Samsung Pay partners with eftpos when contactless payments needed most

Samsung Electronics Australia has partnered with eftpos to allow contactless transactions to be made through Samsung Pay, via the eftpos network.