Cards and digital payments are in, cash is out. That’s the major takeaway from newly released research from MyState Bank which found that two in three Australians (68%) have been using less cash since the COVID-19 outbreak began.
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You buy clothes that fit your personality, lifestyle and size, so shouldn’t you be choosing a bank account the same way? The goal being to search for one that most perfectly fits with your needs and life. Because one size does not fit all.
We’re back with Mozo’s Monthly Banking Roundup; let’s unpack the latest news.
Let’s be honest, when’s the last time anyone actually visited a bank? And it seems we’re unlikely to ever again, according to new research from Roy Morgan .
Last year was scarily lucrative for online scammers. According to Scamwatch , Australians lost a record-breaking $323 million in 2021 alone, with more than quarter-million reports filed describing different investment, romance, and shopping scams.
Aussie online payment platform, Beem It, is introducing a new app component which allows shoppers to access rewards and special offers – plus the potential to earn cashback on purchases – when shopping with small businesses.
While the holiday season can be a merry time, some also dread its arrival. With family tensions potentially already running high, the financial pressure of gift-giving can add to holiday stress.
When it comes to banks many of us tend to stick with the one we know. At least that was the case until recently - the ongoing global pandemic has forced change upon us. As well as learning new skills and starting new jobs, Aussies have been switching banks too.
There are changes in the works for ING customers who hold an Orange Everyday transaction account.
Even if you’re scrupulous with financial paperwork, you may unknowingly have lost bundles of cash over the years. And we’re not talking about coins in lounge cushions.