bank accounts

60 results tagged bank accounts:

Better deals, fewer defaults: what open banking means for you

Poli Konstantinidis

By the time most people are in financial difficulty, it's too late. Open banking will help lenders identify borrowers at risk and offer better terms.

So you cancelled a direct debit but you’re still being charged

Maria Bekiaris

Direct debits can be a convenient way to pay your bills but if you don't stop them correctly, you could end up owing money.

Why lost bank accounts earn better interest than your online saver

Effie Zahos

The interest rate earned on "lost" bank accounts for the 2017-18 period was 2.13%. The average interest rate on a transaction account over the same period was a measly 0.11%.

What it means if your kids’ school is ditching Dollarmites

Steve Crawford

Many schools are ditching the Dollarmites banking scheme without having a replacement program. If this will affect your family, don't worry because there's a do-it-yourself model you can put in place.

Best of the Best 2019: Best Kids’ Savings Accounts

Money Team

Good money habits developed at an early age can last a lifetime. Here are the best kids' savings accounts to get your kids started.

Ask Paul: Where to save deposit while interest rates are low?

Paul Clitheroe

Interest rates are so low that Theo's money is going backwards. He asks Paul Clitheroe where he should put his cash while saving for a deposit.

Ask Paul: I have $300k in the bank, but only $250k is guaranteed

Paul Clitheroe

Tom and his wife have $300,000 in an offset account, but only $250,000 at an authorised deposit taking institution is guaranteed by the Australian government. So is the cash at risk?