Amazon Prime Day deals, RBA lifts the cash rate by 0.50% & how to extend the life of your smartphone: This week’s best banking news

- What you need to know about Amazon Prime Day 2022
- RBA lifts the Aussie cash rate up by 0.50% in July
- Your July 2022 Financial Checklist unpacked
- 5 of the best tips for making your smartphone last longer
- What’s new on Netflix in July 2022
- With second-hand car prices through the roof, is it time to sell?
All in this week’s best banking news recap: editor’s pick.
What you need to know about Amazon Prime Day 2022
Calling all shopaholics: Amazon Prime Day is coming soon!
Yep, that’s right! Amazon’s epic annual sale event Amazon Prime Day will be kicking off at midnight EAST on Tuesday 12 July and run for a total of 65 hours!
In case you’ve been living under a rock, Amazon Prime Day is a massive sale event where loads of exclusive deals and discounts are available to Amazon’s Prime subscription service.
Read the full article: What is Amazon Prime Day 2022? Everything you need to know about this year’s event for deets about deals and more.
RBA lifts the Aussie cash rate up by 0.50% in July
Did someone say “rate rise”? This week the Reserve Bank of Australia (RBA) served up yet another cash rate hike (this time by as much as 50 basis points) to help tackle surging prices.
“It’s the second half a percentage point increase in two months, suggesting the Board is eager to get ahead of the curve by front-loading this year’s tightening cycle,” said Mozo Money writer Niko Iliakis.
“In his post-meeting statement, RBA governor Philip Lowe reiterated that while inflation in Australia is high, it hasn’t reached levels seen in many other countries and is expected to decline to 2-3% in 2023.”
Read the full article: RBA’s 0.50% hike in July spells more grief for borrowers. Here’s which banks have raised rates to find out more.
Your July 2022 Financial Checklist unpacked

Start the new financial year off on the right foot with the help of your favourite financial checklist.
In your July 2022 Financial Checklist:
- Start the new financial year as a “new you” by setting some new financial goals
- The dos and don’ts of making claims on your tax return.
- See how much you could save by switching financial products
- What’s coming to Netflix Australia in July 2022
- Take extra care with your cash this Cancer season
Read the full article: July 2022 Financial Checklist for all you’ll need to get through the month ahead.
5 of the best tips for making your smartphone last longer
Is it just me, or is it completely mind-boggling how the latest iPhone costs roughly as much as a brand new Macbook?! Wild. Not to mention, the dang things are just as fragile as they are expensive.
So, if you’re not willing to fork out a grand and a bit to replace your telephonic device year on year, check out our top 5 tips for making your smartphone last longer.
Read the full article: 5 of the best tips for making your smartphone last longer for the full scoop.
What’s new on Netflix in July 2022

After some new Netflix shows and movies to binge through? We’ve gotcha covered.
From the much-anticipated Stranger Things 4 (Volume 2) to noughties classic The Rugrats Movie, here’s what's coming to Netflix Australia in July 2022.
Read the full article: What's coming to Netflix Australia in July 2022 for all the deets!
With second-hand car prices through the roof, is it time to sell?
With the economy going berserk and the cost of living rising higher and higher, you might be looking for ways to shave down your expenses and save some extra bucks.
Not to mention, with the current nationwide car shortage and sky-high petrol prices, you wouldn’t be the first to ask yourself if having a car is really worth it?
According to data from Moody Analytics, in 2022, used cars are selling for 65% more than they were prior to the COVID-19 pandemic – insane!
Read full article: With second-hand car prices through the roof, is it time to sell? for the full rundown.
After a new piece of plastic? Check out our credit card comparison tool below to start comparing credit card options today.
Compare Credit Cards today - last updated 9 December 2023
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NAB Low Rate Card - Balance Transfer Offer
Spend with confidence with a low 12.49% p.a. variable purchase rate and 0% p.a. interest on balance transfers for the first 28 months (T&Cs apply). 2% balance transfer fee applies. There’s also up to 55 interest free days on purchases to help you manage your budget better when you make minimum repayments. Minimum credit limit $1,000. No annual fee for the first year (usually $59).
Purchase rate
12.49% p.a.Balance transfer rate
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)Annual fee
$59 $0 in the first yearRewards program
-CompareCompareLow Rate Card - Balance Transfer Offer
Spend with confidence with a low 12.49% p.a. variable purchase rate and 0% p.a. interest on balance transfers for the first 28 months (T&Cs apply). 2% balance transfer fee applies. There’s also up to 55 interest free days on purchases to help you manage your budget better when you make minimum repayments. Minimum credit limit $1,000. No annual fee for the first year (usually $59).
- Purchase rate
- 12.49% p.a.
- Balance transfer rate
- 0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
- Annual fee
- $59 $0 in the first year
- Rewards program
- -
- Purchase rate
- 12.49% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- 0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
- Cash advance
- 21.74% p.a.
- Interest free days on purchases
- 55
- Intro fee
- 0.0
- Foreign exchange margin
- 3.00%
- Annual card fee
- $59 $0 in the first year
- Late payment fee
- $15.00
- Cash advance fee
- 3%, Min $3
Read our Mozo Review to learn more about the Low Rate Card - Balance Transfer Offer
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American Express Qantas Ultimate Card
Receive 60,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available to new American Express Card Members only.
Purchase rate
23.99% p.a.Balance transfer rate
No current offerAnnual fee
$450Rewards program
Qantas Frequent FlyerCompareCompareQantas Ultimate Card
Receive 60,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available to new American Express Card Members only.
- Purchase rate
- 23.99% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $450
- Rewards program
- Qantas Frequent Flyer
- Purchase rate
- 23.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- -
- Interest free days on purchases
- 44
- Intro fee
- -
- Foreign exchange margin
- 3.00%
- Annual card fee
- $450
- Late payment fee
- $30.00
- Cash advance fee
- 2%, min $2.50
Read our Mozo Review to learn more about the Qantas Ultimate Card
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American Express Velocity Platinum Card
Receive 60,000 bonus Velocity Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. Available to new Card Members only.
Purchase rate
23.99% p.a.Balance transfer rate
No current offerAnnual fee
$375Rewards program
Velocity Frequent FlyerCompareCompareVelocity Platinum Card
Receive 60,000 bonus Velocity Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. Available to new Card Members only.
- Purchase rate
- 23.99% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $375
- Rewards program
- Velocity Frequent Flyer
- Purchase rate
- 23.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- -
- Interest free days on purchases
- 55
- Intro fee
- -
- Foreign exchange margin
- 3.00%
- Annual card fee
- $375
- Late payment fee
- $30.00
- Cash advance fee
- 2%, min $2.50
Read our Mozo Review to learn more about the Velocity Platinum Card
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American Express Qantas Discovery Card
Earn 1.75 Qantas Points on eligible Qantas products and services per $1 spent (T&Cs apply). Enjoy $0 Annual Card Fee. Get the security of Card Refund and Purchase Cover. Up to four additional Cards at no extra fee. Redeem your points for Classic Flight Rewards (T&Cs apply).
Purchase rate
23.99% p.a.Balance transfer rate
No current offerAnnual fee
$0Rewards program
Qantas Frequent FlyerCompareCompareQantas Discovery Card
Earn 1.75 Qantas Points on eligible Qantas products and services per $1 spent (T&Cs apply). Enjoy $0 Annual Card Fee. Get the security of Card Refund and Purchase Cover. Up to four additional Cards at no extra fee. Redeem your points for Classic Flight Rewards (T&Cs apply).
- Purchase rate
- 23.99% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $0
- Rewards program
- Qantas Frequent Flyer
- Purchase rate
- 23.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- -
- Interest free days on purchases
- 44
- Intro fee
- -
- Foreign exchange margin
- 3.00%
- Annual card fee
- $0
- Late payment fee
- $30.00
- Cash advance fee
- 2%, min $2.50
Read our Mozo Review to learn more about the Qantas Discovery Card
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American Express Explorer® Credit Card
Receive 50,000 bonus membership rewards points when you apply online, are approved, and spend $4,000 on eligible purchases on your new card within the first 3 months (T&Cs apply). New Card Members only. Complimentary domestic & international Travel Insurance (T&Cs apply). Up to 55 days interest free on purchases. $395 annual fee.
Purchase rate
23.99% p.a.Balance transfer rate
No current offerAnnual fee
$395Rewards program
Membership RewardsCompareCompareExplorer® Credit Card
Receive 50,000 bonus membership rewards points when you apply online, are approved, and spend $4,000 on eligible purchases on your new card within the first 3 months (T&Cs apply). New Card Members only. Complimentary domestic & international Travel Insurance (T&Cs apply). Up to 55 days interest free on purchases. $395 annual fee.
- Purchase rate
- 23.99% p.a.
- Balance transfer rate
- No current offer
- Annual fee
- $395
- Rewards program
- Membership Rewards
- Purchase rate
- 23.99% p.a.
- Intro purchase rate
- -
- Balance transfer rate
- No current offer
- Cash advance
- -
- Interest free days on purchases
- 55
- Intro fee
- -
- Foreign exchange margin
- 3.00%
- Annual card fee
- $395
- Late payment fee
- $30.00
- Cash advance fee
- 2%, min $2.50
Read our Mozo Review to learn more about the Explorer® Credit Card
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