Savings Accounts News

The latest savings accounts news and tips

Latest News

CBA cuts savings rates by up to 0.25 per cent

Australia’s largest bank, CBA, has reduced its savings rates by up to 0.25 per cent. This means all four big banks have now cut their savings rates following the July RBA cash rate cuts.


Laine Gordon

Laine Gordon

Jul 23, 2019( 3 min read )

Westpac cuts savings rates as CBA continues to hold out (for now)

Australia’s second largest bank, Westpac, has today reduced their savings rates by up to 0.20 per cent.


Liz Seatter

Liz Seatter

Jul 19, 2019( 4 min read )

The new fintech helping kids understand money

The humble piggy bank can take a backseat to this new financial tool helping your kids understand and save money.


Alex Ritchie

Alex Ritchie

Jul 17, 2019( 3 min read )

ANZ and NAB first big banks to cut savings rates again

ANZ and NAB have today reduced their savings rates following the Reserve Bank’s 2 July decision to cut the cash rate to 1 per cent.


Alex Ritchie

Alex Ritchie

Jul 12, 2019( 4 min read )

Tough time for savers as the big four banks slash interest rates

RateCity.com.au data shows that over 47 banks have dropped their savings rates since the RBA cash rate cut on June 4, including ING, AMP, Bank of Queensland, ME, Suncorp and Bendigo, in addition to the big 4 banks.


Alex Ritchie

Alex Ritchie

Jun 26, 2019( 4 min read )

How could a cash rate cut affect your savings?

Speculation is building that the Reserve Bank of Australia (RBA) may soon cut the nation’s cash rate for the first time in years. While many home owners and property investors may welcome this news, what effect would a rate cut have on Australians keeping their wealth in saving accounts or term deposits?


Mark Bristow

Mark Bristow

Jun 2, 2019( 4 min read )

Trading shares is easy to do – but not for the faint-hearted

You might’ve heard that the Australian stock market has been on a bit of tear, jumping 14.6 per cent since the start of the year.


Nick Bendel

Nick Bendel

May 29, 2019( 3 min read )

The piggy bank has now gone high-tech

Bank Australia has taken the concept of spare change and made it digital.


Nick Bendel

Nick Bendel

May 20, 2019( 2 min read )

How to beat those (possibly non-existent) inflation blues

Prices keep going up, up, up! Except, actually, they don’t, or at least not always.


Nick Bendel

Nick Bendel

Apr 28, 2019( 3 min read )

Shop around and check the fine print with savings accounts

If you’re looking for a savings account with high interest rates, you might be going about it the wrong way.


Nick Bendel

Nick Bendel

Apr 21, 2019( 5 min read )

How much it costs to binge on Queer Eye, Wolf Creek and Logan Paul

Choose the right subscription TV service and you’ll never have to leave your couch again. Ever.


Nick Bendel

Nick Bendel

Mar 24, 2019( 3 min read )

It’s time to give yourself a $10,000 raise

Whatever your employment situation, we could all benefit from earning more and spending less.


Nick Bendel

Nick Bendel

Mar 22, 2019( 4 min read )

Stockspot Savings offers alternative to banks

Australians looking to grow their wealth over time with the help of a high-interest savings account have a new alternative to consider from online investment adviser and fund manager, Stockspot.


Mark Bristow

Mark Bristow

Feb 2, 2019( 2 min read )

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