News Archive for November 2020

November 2020

Best car loans

Australia’s Best Car Loans for December 2024

Thinking of buying a new car in 2024? You’re not alone in wanting to switch things up. Uptake for new car loans is on the rise as the cost of living stings consumers, and it’s more important than ever to secure the best deal on your car loan.

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Cheapest car loans

Australia’s cheapest car loans for 2024

With the end of the financial year now approaching, it could be a good time to think about making an upgrade on your car or motorbike. Car shopping can be a stressful time if you don't have the finances to cover some new wheels, but a low cost car loan could be a handy option for you.

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The ultimate buy now pay later christmas shopping guide

The ultimate Buy Now, Pay Later Christmas Shopping Guide

No matter how much Aussies love Christmas, getting prepared financially for the holiday season always seems to fall off the priority list. But with Christmas a month away, many unprepared Aussies typically lean on a credit card to get them through the festive season. But what if there was another way to pick up your Christmas goodies, without the debt hangover? It’s no surprise that Buy Now, Pay Later (BNPL) services have taken off in Australia and is here to stay, with its payment flexibility, easy access and of course, zero interest. In fact, according to Mozo's 2021 Buy Now Pay Later Report, 42% of BNPL users have been using the service for more or three years.

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Accessible banking features in 2020

Accessible banking features in 2021

When talking about accessibility, our minds often turn to the physical world first –  railings, ramps or signage, for example. Indeed, in the banking world, these more tangible features are present and often advertised the most when financial institutions promote themselves as ‘inclusive’ organisations.

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Buy now pay later where to find black friday and cyber monday deals in 2020

Buy Now Pay Later: Where to find Black Friday and Cyber Monday deals in 2020

It’s November and you know what that means - sales! In fact, Black Friday and Cyber Monday are just two weeks away, coming on the 27 November and 30 November. For many shoppers, they’ll be turning to Buy Now Pay Later (BNPL) as a payment option for the range of discounted items on offer. These platforms allow shoppers to make purchases upfront at no cost, and then pay back what they owe in the form of interest-free installments. In Australia there are a bunch of BNPL providers, including Afterpay, Zip, Klarna, Humm, OpenPay and Bundll. “Buy Now Pay Later could be an interest-free option for Aussies looking to snag a deal this Black Friday, leading up to Christmas,” Mozo Director, Kirsty Lamont says. “However it’s all about being responsible. If you opt to use Buy Now Pay Later during these sales, ensure you are fully equipped to pay back each instalment on what you buy to avoid late fees and spiralling into debt.”

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Zip customers to receive 3 back on all transactions until january 2021

Zip customers to receive 3% back on all transactions until January 2021

Christmas is officially a month away, which means Aussies across the country are getting their wish lists in order and wallets ready. To make Christmas shopping a little more worthwhile this year, Buy Now, Pay Later (BNPL) platform, Zip has launched a new campaign that gives back to its customers. Zip Pay customers who use ‘Tap and Zip’ will receive 3% back on all transactions (up to a maximum of $30 per transaction) at any physical or online stores that accept Visa. Tap and Zip launched in late October and is a feature that lets Zip users make a contactless payment with their smartphone. It can be used for everyday spending on things like groceries, public transport and petrol. “Consumers are increasingly turning away from traditional models of credit because they aren’t fit for a purpose,” said chief customer officer at Zip, Steve Brennen. “Throughout the pandemic, more than 800,000 credit cards have already been cancelled by Australians looking for better ways to pay.” Just keep in mind that the bonus 3% back offer is only available until 8 January, 2021.

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Articles

4 types of finance to get your business back on track for 2021

After a tough year for many businesses, things are looking up at long last. New data from the Australian Bureau of Statistics (ABS) show that revenue rose for 24% of businesses this month. Indeed, with more Australians now out and about, Christmas could present a great opportunity for your business to boost its sales even further so you can start off the new year strong and in the green. “One in five (22%) businesses indicated they have capital expenditure plans over the next three months, with about three quarters (73%) of these businesses expecting to spend the same or more than what is usual for this time of year,” ABS’s head of industry statistics, John Shepherd said. Whether you’re looking to purchase more supplies or build out your digital presence to attract online shoppers, having extra funds at the ready could make all the difference over this busy holiday season. That’s when an alternative non-bank business loan comes in. With applications that take just minutes and funding in 24-48 hours, these business loans are an easy way to secure the finance you might need over summer. With that said, there are a number of different loan options out there, some of which might suit your business needs better than others. Scroll down for four types of business finance to help you get the ball rolling for December …

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Articles

4 hot energy offers to get you ready for summer

With summer only days away, many Aussies may have already started gearing up for another scorching three months. And between swapping out your bed sheets and picking up some new shorts, switching energy plans might be another thing to add to your to-do list. But if you’re keen to make the process a little more worthwhile, why not opt for a plan that’s got more than just competitive rates. Whether you’re a rewards lover or are keen to hook up a mate, we’ve rounded up four hot energy offers we think are worth taking a look at.

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Afterpay accepts amex tips to using a credit card with buy now pay later this christmas

Afterpay accepts Amex! Tips to using a credit card with Buy Now Pay Later this Christmas

Planning to spread the cost of Christmas using Buy Now Pay Later (BNPL)? Well, just in time for the holiday spending season, credit card giant American Express has announced a new partnership with BNPL powerhouse Afterpay. According to Amex, customers can now use their credit cards to earn rewards points on Afterpay payments. All they need to do is set up their card as a payment option. The truth is, using your credit card for BNPL can be tricky business, so it’s important to know exactly how to manage your repayments and avoid further debt.

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Do demerit points affect car insurance

Do demerit points affect car insurance?

As the holiday season approaches, you might be thinking about packing up the car and scooting off for some much needed R&R. The last thing you probably want to be pondering as you get behind the wheel is demerit points. However, as the Christmas break equals ‘double demerits’ in the ACT, NSW, QLD and WA, it is worth knowing exactly what they are and whether or not they affect your car insurance.

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What a 20 home deposit looks like in your dream suburb

What a 20% home deposit looks like in your dream suburb

Whether you prefer the convenience of living close to work or you’re one of the growing number of Australians looking for a ‘sea change’, it’s no secret location sits high on the priority list for many home buyers.But it goes without saying that properties aren’t worth the same from suburb to suburb. Median house prices could go from as high as $1,154,406 in Sydney to a much lower $145,500 in Broken Hill, according to the latest figures from the Domain House Price Report. By default, that also means saving a 20% house deposit could either take many years of hard work or be a considerably easier task, depending on the location.For instance, 20% of Sydney’s median house price would currently be $230,881. Whereas for a house in Broken Hill, you could aim to raise just $29,100 - about eight times less - before your 20% deposit is complete. To help you decide how much you’ll need for a deposit for your ideal suburb, our data experts have pulled together an interactive map of median house prices across Australia. From Townsville in Queensland to Broome in Western Australia, hover over the various markers to view what a 20% deposit would look like in each location.

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Alinta energy slashes electricity prices just in time for summer

Alinta Energy slashes electricity prices just in time for summer

With summer right around the corner energy retailer Alinta Energy has reduced electricity prices on its HomeDeal plan this week for customers in New South Wales and Victoria. New South Wales residents within the Ausgrid distribution zone could see reductions of up to 25% off the reference price*, while Victorians in the CitiPower distribution area can expect to see rates reduced by up to 19% off the reference price.** A quick recap: the energy reference price refers to the Default Market Offer (DMO) and is a price cap on what energy retailers can charge on standing offers. Victoria offers the same, however it is recognised as the Victorian Default Offer (VDO). According to Alinta Energy’s general manager of sales and marketing Jane Mills, the decision to reduce prices is a response to record low wholesale electricity prices. “We’re in an environment where wholesale electricity prices are falling and we are going to compete hard for customers off the back of that,” she said. “Our new HomeDeal rates are available to new customers signing up via web or phone or to existing customers who would like to review their plan via phone.” Aside from newly discounted rates, the HomeDeal energy plan features no lock in contracts or exit fees, flexible payment options and access to Reward Shop discounts.  Alinta has also slashed rates on their BusinessDeal plan for small business customers, cutting electricity rates of up to 26% off the reference price in NSW (Ausgrid distribution zone) and up to 15% off the VDO price in VIC (CitiPower distribution zone).  The retailer has also launched small business gas products across NSW, SA and SE-QLD, with Victoria soon to follow on 14 December, 2020. Want to find out how the Alinta Energy HomeDeal energy plan stacks up to other offers in the market? Head on over to our energy comparison tool!  *Based on a customer who consumes 3900 kWh a year on a single rate tariff in the Ausgrid network. **Based on a customer who consumes 4000 kWh a year on a single rate tariff in the CitiPower network

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Farmers flock to apply for business loans as 82 of nsw declared drought free

Farmers flock to apply for business loans as 82% of NSW declared drought free

After years of misery, the drought spell may finally be breaking for New South Wales, with 82% of the state now declared drought free .But farmers aren’t just rejoicing with a celebratory dance in the rain. New research shows they’re also using this good fortune to fast track their business’ growth. For one, there’s been a surge in agribusinesses buying new farming equipment to prepare for this year’s crop season. The value of business loans lent out for agricultural machinery is up by over 100% in NSW since this time last year, according to figures released by the Commonwealth Bank today. “We’re seen asset finance for ag machinery, particularly tractors and harvesters, increase significantly,” Commbank’s executive general manager of regional and agribusiness, Grant Cairns said. “Across the country, new asset financing for tractors is up 119% - the highest volumes we’ve seen in the past three years, and financing for harvesters is up 108%.”Cairns said those huge percentage jumps aren’t surprising, given how many incentives farming businesses have right now to invest. “Nationally, farm values are up, commodity prices are holding firm, interest rates are at record lows, seasonal conditions have been good, there is strong consumer and retail demand for fresh produce and there’s Government incentives like the instant asset write off scheme,” he said. For context, the instant asset write-off (now extended till 30 June 2021) allows businesses earning up to $500 million per year to claim immediate tax deductions on multiple asset purchases - capped at $150,000 each. This means the write-off would be able to cover ‘big ticket’ items like tractors and harvesters, giving farmers the opportunity to shave off a chunk of their 2020/21 tax bill.RELATED: Small business loan approval sits at 70%: how to apply for yoursThinking of making an investment for your own business? If you need a hand funding your next piece of machinery, get started with one of the equipment finance options below.

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Get your invoices sorted before christmas how a business loan can help

Get your invoices sorted before Christmas: How a business loan can help

As 2020 comes to a close, the time is ripe for businesses to tie up loose ends, including any unpaid invoices, and to get cashflow ready for the holiday season.There might also be a resurgence in sales to prepare for, as research from Westpac and the Melbourne Institute shows consumer sentiment soared to a seven-year high this month. With this in mind, you may want to have extra funds ready in your back pocket just in case you need to buy more stock or hire more employees. “In these turbulent economic conditions, the ability to anticipate demand can be difficult - even at Xmas, which is traditionally a busier season for retail and other upstream industries,” business lender Octet’s head of marketing, Duncan Khoury says. “Invoice finance (otherwise known as debtor finance) can be useful by giving you quick, painless access to the funds tied up in your unpaid invoices, which are often business’ biggest untapped asset.”So if your slow-paying customers still haven’t responded to your nudge on their shoulders, invoice finance could be a great alternative solution. This type of business loan is secured against your outstanding business invoices, granting you up to 85% of your invoice amount upfront (you receive the rest, minus any fees or charges, once your customer pays). That way, you won’t be left high and dry if, say, you’re a wholesaler and new orders suddenly come in from a whole bunch of retailers. Approval speeds are also quick with online lenders like Octet, helping you stay ahead of the end-of-year rush. You may only need to wait 24-48 hours before you can start withdrawing funds from your invoice finance facility.Ready to compare your invoice finance options? We’ve made it super easy for you by rounding up a few eye-catching deals offering fast and flexible funding to Australian businesses.

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In the spotlight ali osmani from pet insurance australia

In the Spotlight …. Ali Osmani from Pet Insurance Australia

From bee stings to clumsy tumbles, our pets love to get themselves into sticky situations. But if your furry friend was to land in serious trouble, would you be able to keep up with the financial demand of their vet bills? Introducing the 2020 Mozo Experts Choice Award Pet Insurance Provider of the Year, Pet Insurance Australia. With more than 10 years of experience, Pet Insurance Australia can help give pet owners the peace of mind they need during stressful situations. To get a more detailed look of Pet Insurance Australia and their award winning policies, we sat down General Manager, Ali Osmani.

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Vic households to get 250 energy credit appliance upgrades and more

VIC households to get $250 energy credit, appliance upgrades and more

In an effort to keep households on top of their energy bills and improve the energy efficiency for the state, the Victorian government yesterday unveiled a $797 million energy package. Almost one million Victorians will receive a one-off $250 payment to help pay for their energy bills. Those that are eligible for the payment include concession card holders, anyone receiving JobSeeker, youth allowance or the pension. According to Energy Minister, Lily D'Ambrosio, this package is the “biggest household energy efficiency package in any state's history.”"It will make a significant difference to people's power bills, it will put money back into the pockets of Victorians, it will create thousands of jobs and, of course, reduce our emissions," she said.The $250 payment will be available online from 1 February to 31 January 2022. Information on how to register can be found here on the Victorian Govt's Energy Site .

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Nsw government to distribute 100 vouchers to get aussies out about

NSW Government to distribute $100 vouchers to get Aussies Out & About

The NSW government will be handing out $100 worth of vouchers to be spent on dining and entertainment in a bid to help the sectors hardest hit by COVID-19.The Out & About (Dine and Discover) voucher scheme will distribute four $25 vouchers to all NSW residents over the age of 18. Two will be designated for restaurants, cafes and clubs, and two for entertainment venues such as cinemas and art galleries.Importantly, the program does not allow for spending on retail products, alcohol, gambling or cigarettes.The four vouchers cannot be combined and each voucher is single-use, meaning it will expire even if the cost of the outing is under $25.Treasurer Dominic Perrottet said the scheme will help revitalise small businesses across NSW, who have seen activity plummet due to social distancing measures and an erosion of consumer confidence. “We want to encourage people to open up their wallets and contribute to the stimulus effect,” he said.“The dining and entertainment industries were among the hardest hit by the pandemic and I would encourage people to use this scheme once it is up and running and to make sure they spend a bit extra on the way through too.”RELATED: NSW government announces plans to phase out stamp dutyTo be eligible for the voucher scheme, businesses must register with Service NSW and be designated COVID-safe.The vouchers will be made available in early 2021 via the Service NSW mobile app. But a trial of the program is due to commence in the Sydney CBD in December.The government could also take its cues from similar programs rolled out in the UK, in which use of vouchers is limited to less busy days throughout the week.

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Mortgage prisoner report 2020 most aussie homeowners want to refinance but can t

Mortgage Prisoner Report 2020: Most Aussie homeowners want to refinance but can’t

Many Australians are paying a premium to own their property and for a growing number that high cost has become a bridge too far. In fact, research from the Australian Prudential Regulation Authority in August shows there is $229 billion worth of loans in Australia on temporary repayment deferrals, accounting for around 8.5% of total outstanding loans.

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Switching from a variable rate to a fixed rate what should you know

Switching from a variable rate to a fixed rate: What should you know?

The Reserve Bank cut official interest rates to 0.1% in early November, but instead of the usual reductions to variable home loan rates it looks like the majority of lenders are slashing fixed rates instead.Since March, the average 2-year fixed rate among providers we track has fallen from 3.13% p.a. to 2.48% p.a. It’s no longer rare to see fixed rates hovering around the 2% mark — in fact, a handful have already dipped below it.So for anyone in the market for a home loan or thinking about changing the terms of their existing one, the fixed rate options currently available can be enticing. But there are a few things you should know before making a move.

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Articles

92% of Aussies happy with energy savings thanks to solar power

Increasingly Aussie households are playing a role in reducing our nation’s carbon footprint and the numbers support this.According to Origin Energy 44% of Aussies made the switch over to solar power to reduce their own greenhouse gas emissions, while 65% said their motivation was to reduce their reliance on buying electricity from the grid. And the good news is, installing solar panels has many other benefits besides supporting a cleaner future.The retailer found that reducing a household’s energy bill was the biggest motivation (90%) for installing solar panels, with a whopping 92% of Aussies feeling extremely or very satisfied with the energy bill savings their panels have produced. Half of Aussies who had solar panels installed also feel less guilty about running their heating and cooling appliances.

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First home buyers with larger deposits set to snag cheaper rates how much will they need to save

First home buyers with 40% deposits set to snag cheaper home loans

Since the Reserve Bank’s (RBA) decision last week to reduce official interest rates to yet another record low, attention has been on the home loans market to see which banks would follow suit. While responses have been varied, with some focused on slashing variable rates and others on moving fixed rates, one thing is clear: even cheaper home loans are now on the table, especially for borrowers with loan-to-value ratios (LVRs) as low as 60%.LVR refers to the portion of the property value that you owe your lender. So a 60% LVR means you’ve either saved a 40% deposit (if you’re a new customer) or built up 40% in home equity (if you already have a mortgage).Over the past few months, there’s been an interesting trend of lenders serving up their top rate discounts to customers with LVRs of up to 60%. In light of the November RBA cut, these discounts have only gotten bigger. Take Reduce Home loans, for instance, who shaved 12 basis points (bp) off its Rate Cutter Variable loan, available only to borrowers with LVRs of 60% or less. This loan was already one of the most competitive offers in the Mozo database, but now it’s fallen even further to just 1.77% (1.83% comparison rate*).

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Personal loans report 2020 how prices have changed and where to find the best deal

Personal Loans Report 2020: How prices have changed and where to find the best deal

The idea of borrowing money on credit has been around since the earliest marketplaces. Indeed, money lending can be traced back as far as the Roman Empire and ancient Greece. What has changed over time is how loans work. Modern day lenders are subject to many more regulations, and loans can be firmly categorised as either secured or unsecured. Plus with the introduction of Comprehensive Credit Reporting (CCR) and the phasing in of Open Banking in recent years, your personal story is crucial to your personal loan. In other words, the amount you need to borrow, together with your credit history, will help determine what loan you choose. In the following report, we’ve broken down the current marketplace, looking at the best personal loans in 2020 compared to a year ago. We also share tips on improving your credit score and how to save money on your loan overall.

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Winners announced in the mozo experts choice awards for personal and car loans

Winners announced in the Mozo Experts Choice Awards for personal and car loans

Whether you’ve had your sights set on a new set of wheels, renovating your home, taking that road trip around the country or perhaps consolidating your debt into a low rate repayment, now might be the time to consider getting yourself a personal or car loan to reach those financial goals.But where do you begin? With so many options out there, shopping around can be daunting, but comparing loans is a must! So a great place to begin your search are with the winners of the Mozo Experts Choice Awards for personal and car loans.“We compared a massive 334 personal lending products on offer from 88 Australian financial institutions and found a vast difference in interest rates from provider to provider,” said Peter Marshall, Mozo Experts Choice Awards judge.  “Our in depth analysis highlighted why it is so important to shop around, and with a myriad of smaller online lenders out there competing for your business, you could be paying more than you need to by not comparing your options beforehand.”Personal Loan Provider of the Year

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Newcastle permanent cuts 5 year fixed rates to new lows

Newcastle Permanent cuts 5-year fixed rates to new lows

Cuts to home loan rates in response to last week’s RBA rate cut continue to flow through, with Newcastle Permanent the latest lender to bring fixed rates below the 2% mark.Effective today, its Premium Plus Package Fixed Rate Special will offer 1.98% p.a. (3.81% p.a. comparison rate*) on 1-year terms and 1.99% p.a. (3.34% p.a. comparison rate*) on 5-year terms. The new 5-year rate reflects a cut of more than 100 basis points, and at the time of writing is the lowest rate among comparable owner occupied loans in our database.Last week, Newcastle Permanent CEO Bernadette Inglis said the move “is a continuation of our commitment to support our customers over the long term and offer some financial certainty during these uncertain times.”RELATED: Which banks have cut home loan rates following the November RBA rate cut?Despite the generous cuts to fixed rates, Newcastle Permanent has made clear that its range of variable rate home loans will remain unchanged for the time being. This has been the case for most lenders following last week’s reduction to the cash rate, with only nine lenders among the 86 we track opting to cut variable rates in line with the RBA.We’ve included an overview of the new fixed rate home loan below, but if you want to see how they stack up against other offers on the market, be sure to visit our home loan comparison page, where you’ll be able to filter your search by rate and type.

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Do home loan rate drops only benefit new customers

Do home loan rate drops only benefit new customers?

Whether you’re considering your first home loan or well into paying off a current mortgage, recent interest rate reductions could impact you. But it does depend on the type of home loan you’ve taken out and with which lender.

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What biden us election win means for your international money transfer

What Biden’s US election win means for your international money transfer

Exchange rates are looking favourable for Australians sending money overseas as the Aussie dollar rose off the back of US election results. Right now, the AUD is trading just below 73 US cents, according to the XE Currency Converter - up from around 71 US cents at the start of election week. This is the first time since mid-September that the currency has broken past 72.5 US cents. While the gap between US$0.71 and US$0.73 seems almost negligible, for larger international money transfers (IMT), this could be a difference of hundreds of dollars.IMT provider OFX’s senior corporate manager, Matt Richardson said Joe Biden winning the presidency boosted the market appetite for risk (known as ‘risk on’ sentiment). As a result, investors flocked to purchase stocks and high-yield currencies like the AUD, raising the value of these riskier assets. “The democrat led government is expected to implement significant Coronavirus relief programs and alleviate tensions with key global allies, creating a ‘risk on’ environment across financial markets,” Richardson said. “The Australian dollar has advanced against a basket of major counterparts in the midst of [this] ‘risk on’ move, creating an opportune time for those settling costs overseas to reduce the AUD expenditure or maximise their foreign currency return.“Conversely those sending funds back down under [would] suffer a higher cost or smaller return on the back to the AUD appreciation.” In other words, bigger savings are now on the table for individuals and businesses sending funds from Australia to countries like the US and the UK, thanks to stronger AUD/USD and AUD/GBP exchange rates. But you may lose out if instead you’re moving money from the US and UK to Australia.

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Property prices set to rise should i buy now with a 5 deposit home loan

Property prices set to rise: Should I buy now with a 5% deposit home loan?

With housing prices and rental yields on their way back up, many Australians are keen to snag a piece of the investment property market pie. In fact, 26% believe now is the best time to invest, according to recent ING research. But if you’ve been struggling to raise the standard 20% deposit, the big question for you may be whether it’s a good idea to climb the property ladder with as little as 5% saved up. Let’s take a look at the pros and cons.

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Best home loans to crush your mortgage in 2021

Best home loans to crush your mortgage in 2021

If saving money on your home loan in 2021 is what you’re after, then you've come to the right place. Discovering a great value home loan could mean the difference between tens of thousands of dollars saved in interest over the course of your loan, but in practice it can be hard to find the best option amongst the dozens of different lenders and rates on the market.

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How have anz commonwealth bank nab and westpac responded to the november rba cut

How have ANZ, Commonwealth Bank, NAB and Westpac responded to the November RBA cut?

The official cash rate has been reduced once again, this time by 15 basis points to a new record low 0.1% following the Reserve Bank Board’s November meeting yesterday afternoon.As usual, the ball is now in lenders' courts, with homeowners across the country waiting eagerly for news of changes to their home loan rates.So, how have Australia’s largest banks - ANZ, Commonwealth Bank, NAB and Westpac - responded to this latest rate cut? We’ve wrapped up their moves below.

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New car can i transfer my insurance policy

New car: Can I transfer my insurance policy?

So, you’ve got an advert up on Gumtree, a piece of paper in the windscreen with the price and your eye on a shiny new set of wheels. The time has almost come to say goodbye to your old car ... almost. You still have to sort out your car insurance.

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No annual fee vs low interest credit card which is better

No annual fee vs Low interest credit card, which is better?

Credit cards come in all shapes and sizes and if you’ve decided to pick one up for yourself, you might have already started comparing your options. If you like to keep your spending on the frugal side and have ruled out a rewards card, you could be tossing up between a low rate or no annual fee credit card.While both are budget-friendly choices, the type of spender you are can help determine which is the better pick for you. So if you’d like to find out the difference between a low rate and a no annual fee credit card, check out our explainer below.

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Christmas is coming sendfx announces 100 reward for your money transfer

Christmas is coming! SendFX announces $100 reward for your money transfer

With Christmas just around the corner, SendFX is giving out a special treat to Australians Send is an Aussie-based IMT service, committed to make remittances faster and more seamless. They have an innovative online platform where customers can send money around the clock and track transfers in real-time. Or if you prefer to speak to someone over the phone, SendFX also has a dedicated customer service team. On the pricing front, SendFX promises zero transfer fees and better exchange rates than the banks. In fact, they were one of just three providers to win a 2020 Mozo Experts Choice Award for best value International Money Transfer. Mozo’s number crunch also shows for a US$1,000 transfer from Australia, SendFX’s exchange rate could cost you AU$60 less than the average big four bank rate.* And those savings could get even bigger if you transfer a larger amount.Scroll down to learn more about sending money with SendFX and click on the blue “Go the site” button once you’re ready to sign up and make your transfer!

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