My bank is a Credit Union. They are not there for the benefit of investors. All profits remain with the owners....us the customer.
Sutherland credit union rewards the rich and not the poor. If you have less than $5000 in your account, you are only allowed 5 "Free" Atm transactions per month, and this includes direct debits. Once you exceed then you are charged an excessive ATM usage penalty. However if you have more than $5000 in your account then "Hello" you are then allowed 8 transactions per month. So the poor hard yakka makes one cash withdrawal per week, and one fuel payment by eftpos non credit, and you have to pay penalty fees. Phone service is great, but they wont help you with the penalties, other than tell you that you need 5 grand.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.
Want more? Compare all 105 bank accounts in the Mozo comparison engine.Compare more bank accounts
Mozo gives you the inside story on the best banking, energy and insurance products as rated by thousands of real customers around Australia. We don't make subjective judgments, nor do advertisers influence our ratings. Although our reviews may be moderated to improve quality standards, they are moderated independently of any of Mozo’s commercial relationships.