The Savings Maximiser account is a high interest account that keeps our savings safe. We can access it via our app and we can easily share details of that account for transfers.
The only bank that suits my child's needs at the moment.
Got an email today staying they're dropping the rate of the bonus saver account again. Last year max bonus was 2.4-2.6% and as of October 1, it's 1.5% p.a. UBank have a lot better rates and if you're 18-29 Westpac have a big 3%. I joined Westpac 3 days ago and I'm glad I did!
It feels very much like the community bank it is. The staff are very friendly and remember you when physically banking. Also, banking online is very user-friendly, which helps a baby boomer like myself, tech aware but not so savvy. Wish there were more physical branches.
Was researching interest rates on savings accounts for weeks and took the risk with NAB over a smaller bank with a better interest rate as they were a bigger bank. Interest rates have changed without notice which I'm quite unhappy about. I should have gone with the smaller bank - there's has not changed. Can't fault NAB for convenience with branch locations and internet banking
Serious Saver said it was offering 2 percent followed by variable rate after four months. However, it turns out the 'introductory offer' (only for those who don't have an account with them) is also variable. Hang on, if you offer an 'introductory offer' that is variable, say in clear terms that it may vary from the day you begin banking with them. That's what happened. I put a large amount in this account but in less than a month, the rate dropped 0.5 %. And it could go down again, and again. An 'introductory offer' is a clever disguise for HSBC. I also put some money into the Macquarie Savings account offering a 'welcome rate' (again for those who have no prior account with Macquarie). The difference is, the 2 percent is fixed. HSBC needs to be more transparent.
Come to Macquarie chasing higher interest rates, got a great 4 month intro rate on their savings account which has since ended, however their ongoing rate is still good. It's a normal savings account with a great rate, no nonus interest rates for making additional deposits, just set and forget. Only downside is that you must also have a transaction account, however, this also earns interest and has no fees! Crazy! I am still with my former bank, but if they ever slip up, Macquarie will get the lot. I really can't comment on their staff as I have never had to talk to any of them.
The bank regularly checks in via phone and follows up on emails to discuss my current situation and whats best for me.
Low interest rates, customer help lines are off shore from my experience.
All my money is in one place, including my son's savings account which is linked to mine. Convenient. No complaints after 6 years with them.
ING is secure, easy to use and reliable. However interest rate is very low, close to zero, which means there is little incentive to remain loyal to them.
When Xinja came across my news feed it looked too good to be true with the high savings rate and no fees. After looking into all their info on their website which was easy to navigate, I opened an account almost instantly. When my welcome pack arrived with a few goodies I was again pleasantly surprised, no big bank would send a card out with a box of goodies. I'm now hooked with Xinja and glad to be backing a local startup who are offering one of the most competitive savings rates on the market
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Bonus rate when at least $20 is deposited each month and five Visa Debit transactions are made each month using linked Everyday or Glide transaction accounts.
Minimum deposit of $200 and no withdrawals in the month.
Ongoing bonus rate applied if in the previous month $1,000 or more is credited to the linked Day2Day Plus account and 5 eligible transactions are made by the linked account.
Bonus rate for the first 4 months from account opening
Make 5 or more successful card purchases per calendar month using your Up debit card and digital wallets (ATM transactions excluded).
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