Bank account fees have traditionally been the bane of Aussie banking customers, but new figures have revealed that Australians don’t necessarily have be paying them. According to an analysis of 107 bank accounts in the Mozo database, 41 accounts have a $0 monthly fee with no strings attached. As well as this, there are 36 accounts that waive their monthly fees for account holders who are able to make regular deposits.
Say goodbye to the days of standard one-size fits all bank account and hello to 2019 - the year of personalisation. Yes, Australia’s banks and financial providers have caught up with the times, and now, just as you can get monogrammed PJs, choose between 10 different types of coffee, and 30+ IPAs at the bottle-o, you can now find a bank account that perfectly matches you, and your lifestyle.
Just when you thought you’d seen the last of ATM fees, NAB has announced that as of 1 January 2019, it will no longer be part of the rediATM network, meaning customers will start paying fees at these ATMs.
Unless you’ve been out of the country with your fingers in your ears since public hearings began in February, you would have found it difficult to avoid at least some of the trials and tribulations surrounding the Banking Royal Commission.
A new study of 240 Australian emergency service workers including firefighters, ambulance service workers and paramedics has highlighted a number of concerns many workers in the sector have about their current and future financial outlooks.