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ING cuts rates for its popular Savings Maximiser account to 2.20%
Wednesday 18 September 2019
In a move that's sure to disappoint dedicated savers, ING informed customers it will be cutting the bonus rate for its Savings Maximiser account by 0.10%, bringing it down from 1.80% p.a. to 1.70% p.a.
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Savers ditch big banks as rates plunge
Wednesday 11 September 2019
The nation's savers are withdrawing their money from the Big 4 Banks in search of higher yielding alternatives, as the RBA's rate cuts start to bite and the big bank's savings rates drop to miserly levels.
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Anxious about your savings rate? Here’s where to snag a sweeter deal
Wednesday 11 September 2019
Since the first cut in June, 79 providers in the Mozo database have dropped savings account rates, and many of the major banks’ ongoing rates are creeping closer and closer to 0%.
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5 ways taking part in the circular economy could help you save money
Wednesday 04 September 2019
Let’s face it, being eco-friendly sometimes feels like the more expensive option. Buying organic food, investing in renewables and choosing to buy ethical can set you back more than a few dollars. But being green doesn’t have to cost you the earth. In fact, there are lots of ways you can help make a difference to the planet and your savings account.
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How to Marie Kondo your bank accounts & spark joy into your savings
Thursday 15 August 2019
Whether you’re just getting started with setting up your banking or you’re doing a financial clean sweep and revamping your current accounts, it’s a good idea to establish better organisational habits right from the get-go.
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Breaking with savings apathy: How to pick the right savings account
Friday 02 August 2019
The last few months haven’t been too friendly to savings accounts. Since the back-to-back RBA rate cuts of June and July, we’ve seen a flurry of activity on the deposits front, with the average ongoing special rate for savings accounts dropping from 2.25% p.a. all the way down to 1.82% p.a.
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Social media to blame for 61% of Aussies inability to save: MyState Bank
Tuesday 30 July 2019
A recent MyState Bank report found that 6 in 10 Australians say their mood negatively impacts their savings habits, with boredom, 'bad days', peer pressure and buy now, pay later services being the top savings hindrances.
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What’s your new financial year’s resolution?
Thursday 18 July 2019
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.
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UBank cuts savings rates, still offers some of the best value around
Wednesday 17 July 2019
The UBank USaver with Ultra Transaction Account, a favourite among serious savers, will see reductions today as UBank takes the axe to its range of savings accounts and term deposits.
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How to triple the interest on your savings today
Monday 15 July 2019
For Aussies stashing away hard-earned cash, whether for a holiday overseas or a first home, it can be frustrating to watch your savings pile grow at a much slower pace than you’d hoped. But Mozo data shows there’s an easy way to close the gap between you and your goal: by trading in your old savings account for a better deal, you could be tripling the amount of interest you earn per year.
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