What’s your new financial year’s resolution?

New years res content

With July well and truly upon us, now’s the chance to take a step back and look at your finances and focus on some new financial year’s resolutions. Whether that goal be starting a new savings plan, paying-off existing debt or taking the big step of buying your first home, now is a great time to take the plunge.

Not sure where to begin? Kick-start the new financial year with our top picks to help you manage, save and make your dreams a reality.

ME Online Savings Account
  • Special 2.35% interest rate (conditions apply)

  • No account or transaction fees

  • Mozo Experts Choice Award winner 2019

Our verdict

Want a savings account with one of the highest interest rates in the market that's free from hidden fees? Then, the ME Online Savings Account could be for you! Not only will you receive a super-hot 2.35% interest rate, but you'll pay $0 account keeping and transaction fees. It's no wonder the ME Online Savings Account was named as a winner of a 2019 Mozo Experts Choice Award in the Regular Saver category.

loans.com.au Smart Home Loan 80
  • Competitive 3.03% p.a. (3.05% p.a. comparison rate)

  • No application or ongoing fees

  • Redraw facility available

Our verdict

Aussie owned loans.com.au has been challenging the big banks with low rate online home loans since 2011, and the new Smart Home Loan is guaranteed to get borrowers excited. The 3.03% variable rate is a bona fide mortgage crusher, and they've done away with pesky fees as well. This no-fuss mortgage has all the features you want and none you don’t - you can make unlimited extra repayments and make use of the redraw facility, without paying a premium for bells and whistles like an offset account. If you’re borrowing $1 million or less and have at least a 20% deposit saved up, the Smart Home Loan really is a smart choice.

HSBC Platinum Credit Card
  • 22 months interest free on balance transfers

  • Ongoing high 3.05% interest rate to keep your money growing

  • No account keeping fees to pay

Our verdict

Say goodbye to high credit card repayments with the HSBC Platinum credit card. It features a whopping 22 months interest free to help you get back on track and in control of your debt. Complete with uncapped points earning, free travel insurance and access to the Visa Platinum Concierge service this is one card that’s worth checking out.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for the amount and term you entered.

**Initial monthly repayment figures are estimates only, based on the advertised rate, and a loan of $500,000 repaid over 25 years. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Savings accounts Awards