Savings Accounts»

High Interest Savings Account November Update

High Interest Savings Account November Update

17 November 2010 6:56 pm
When the Reserve Bank of Australia (RBA) increased cash rates by 0.25% on 2 November 2010, the the major banks duly increased their savings accounts by the same amount....

Transaction Accounts»

ING Direct Orange Everyday Account

ING Direct Orange Everyday Account

28 February 2010 4:49 am
ING Direct Orange Everyday account ING Direct the people who brought high interest savings accounts to Australia have a new everyday bank account with some great fee savings. It...
  • Fee Free Transaction Accounts
    Competition amongst the banks is a beautiful thing. Recently competition in the everyday transaction account...
    on 21 February 2010 5:35 pm

Home Loans»

Mortgage Switch Calculator

Mortgage Switch Calculator

10 December 2010 11:59 am
The Australian Securities and Investments Commission (ASIC) have released a calculator that helps you compare your current home loan situation with taking out a new...
  • Home Loan Interest Rate Rises
    When the Reserve Bank of Australia increased cash rates by 0.25% on Melbourne Cup Day 2 November the Commonwealth...
    on 17 November 2010 2:24 am
  • ING Direct $1,000 Home Loan Offer
    In response to the big four banks being a little less competitive than they might otherwise be, ING Direct...
    on 10 November 2010 12:46 pm
  • Fixing your Home Loan
    Are you worried about the increases in home loan mortgage rates? Are you considering switching to a fixed mortgage? Given...
    on 14 April 2010 1:56 pm

Credit Cards»

Virgin fakes it like an old pro

Virgin fakes it like an old pro

10 August 2010 1:58 pm
In Sydney recently, for the launch of two new credit cards and a savings account for Virgin Money, Sir Richard Branson had the following to say: “Virgin Money...

Recent Articles

Is the Government stealing Your Superannuation?

On the 5th of April 2013, the government announced that it would now take superannuation accounts with balances up to $2,500, if they were deemed “lost” from 31 May 2013. If and when you get around to claiming these funds, they will reward you by applying an interest rate equivalent to the Consumer Price Index […]

Mortgage Switch Calculator

The Australian Securities and Investments Commission (ASIC) have released a calculator that helps you compare your current home loan situation with taking out a new home loan.

High Interest Savings Account November Update

When the RBA raised cash rates in early November the major banks increased their savings account interest rates by the same amount but their home loan rates by much more. We show you where you can find a much higher savings accounts from other banks.

Home Loan Interest Rate Rises

When the Reserve Bank of Australia increased cash rates by 0.25% on Melbourne Cup Day 2 November the Commonwealth Bank immediately responded by increasing its standard loan rates by 0.45% to the fury of Australians everywhere. ING Direct responded by immediately offering $1,000 to anyone who refinanced their mortgage through them before 30 June 2011 if you registerd by 30 November 2010. The remaining banks waited for the furore to die down before announcing that they too were increasing rates by greater than the RBA 0.25%. Here are the rate increases by the Big Four Banks and ING Direct.

ING Direct $1,000 Home Loan Offer

ING Direct are offering a $1,000 incentive to switch your home loan to ING Direct. You must register your interest before 30 November 2010 and complete any refinance by 30 June 2011. Click here for more details.

Virgin fakes it like an old pro

Yawn. The second time around the gloss or the shine of Sir Richard’s Virgin brand seems to have become a little tarnished. I mean all the words are there, the sexy young things are there and the fantastic deals are there. Whoa back up there a minute, the fantastic deals? Hmm might check the detail a bit later on that one.

Coles Credit Card vs Woolworths Credit Card

Two of the major expenses in most household budgets are groceries and petrol. With Australia’s two largest grocery store chains, Coles and Woolworths both offering a credit card with a rewards program and linked petrol savings programs, we take a look at whether getting one of these cards might be a good idea.

Fixing your Home Loan

Are you worried about the increases in home loan mortgage rates? Are you considering switching to a fixed mortgage?

Given the recent trend of home loan interest rate rises, many home owners may be considering switching to a fixed rate home loan. Home owners are facing a similar situation as they did approaching the Federal elections in 2007. At that time the mortgage rates increased rapidly and many opted to switch to a fixed rate loan only to see the RBA rapidly cut rates due to the global financial crisis. Many borrowers who did fix were left with monthly repayments substantially higher than variable rate repayments. Now the RBA is trying to fight inflation, house pricing bubbles and bring rates up from historically low rates.

Childrens Bank Account Review

Financial literacy is a very important issue for anyone and it pays to start young. Smart parents can start their children off on the right path by introducing their children to banking at an early age by signing up for a Childrens Bank Account. Most banks offer special bank accounts specifically for children. A few of them even have special websites to help the education process.

High Interest Savings Accounts with bonus interest for Regular Savings

Are you making regular deposits into a savings account? You might be interested then in finding out which bank products offer an incentive to regular savers. There are quite a few financial institutions that offer savings accounts with incentives to make regular monthly deposits however not all offer much in terms of a bonus. Read more to find those that do.