The savings accounts with higher interest rates than home loans
While home loan interest rates have plunged to as low as 2.09 per cent, some banks have lifted their short-term savings rates to as high as 2.65 per cent for new customers.
What are ADIs and how could they protect your savings?
With the RBA slashing Australia's cash rate, and big banks cutting savings rates, it's getting harder and harder to find savings accounts paying interest at a rate higher than inflation. In times like these, many Aussies are searching for alternative options to the big banks to help grow their wealth.
Westpac the last of the big four to cut savings rates
Australia’s second largest bank, Westpac, has this afternoon announced it will cut savings rates between 0.05 and 0.25 per cent, effective from Tuesday next week.
NAB and ANZ take the knife to savings rates post RBA cut
Australia’s 3rd and 4th largest banks, NAB and ANZ, have today dropped interest rates on savings accounts on the back of this month’s cut to the cash rate.
Regular savers take the fall as CBA cuts bonus rates
Australia’s biggest bank, CBA, has today cut interest rates on some savings accounts by up to 0.30 per cent on the back of last week’s cut to the cash rate.
Australians becoming more anxious about their finances
Financial wellbeing among Australians is suffering amidst mounting concerns over retirement plans, mortgages and personal debts.
5 easy ways to save hundreds by Christmas
Here are a few ways you can inject some extra cash into your savings account this holiday season.
Looking to get cash out? Over 1000 ATMs cut across Australia
With the growing interest in online banking services, it may not be surprising to learn that the number of ATMs and branches is shrinking.
Westpac the last of the big four to cut
Westpac has today dropped the interest rate on its savings accounts; the last of the big four banks to pass on cuts to savers this month.
Savers suffer as big banks cut bonus rates
ANZ and NAB have today cut the interest rates on their savings accounts on the back of last week’s cut to the cash rate, affecting millions of customers.
Savings Slump: Westpac cuts up to 0.10% off savings account interest rates
Westpac group has today cut savings rates by up to 0.10 per cent even though the RBA left rates on hold last month. Australia’s second largest bank now has a max savings rate of 1.91 per cent, for just five months.
Resuscitate your nest egg with these simple tips
Aussies will certainly be feeling the pinch as financial institutions slash savings and term deposit rates to record-lows. Here are a few simple steps you can follow to help boost your nest egg.
How to find a bank account that rewards you
If you want a simple way to earn a little money on your savings, what should you look for when choosing a bank account?
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.
Today's top savings accounts products