Aus banks - what's the problem ?
Jan 29th 2004, 4:08 pm
#16
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Originally posted by sjn2003
A cautionary tale for all of us. You obviously know your tatties from your onions when it comes to this banking lark.
Is it just complex stuff that they cannot handle? Or, are the Oz banks to be avoided at all costs?
By the way, you are our no. 1 nomination to open the Expats Bank
Sounds like it could be something you could knock together in your lunch hour !!
A cautionary tale for all of us. You obviously know your tatties from your onions when it comes to this banking lark.
Is it just complex stuff that they cannot handle? Or, are the Oz banks to be avoided at all costs?
By the way, you are our no. 1 nomination to open the Expats Bank
Sounds like it could be something you could knock together in your lunch hour !!
Jill:lecture:
Jan 29th 2004, 9:09 pm
#17
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Originally posted by Go Banana's !!
Perhaps we should have a vote on this ??
Jill:lecture:
Perhaps we should have a vote on this ??
Jill:lecture:
Anyway, I still haven't go to the bottom of what's wrong with Aussie banks, or have I just imagined it, and they are really no worse than UK banks and so I have nothing to fear !!?
Jan 29th 2004, 9:12 pm
#18
Joined: Aug 2003
Posts: 11,149
Originally posted by sjn2003
Only got one nomination though, so its a bit of a shoe-in !!!
Anyway, I still haven't go to the bottom of what's wrong with Aussie banks, or have I just imagined it, and they are really no worse than UK banks and so I have nothing to fear !!?
Only got one nomination though, so its a bit of a shoe-in !!!
Anyway, I still haven't go to the bottom of what's wrong with Aussie banks, or have I just imagined it, and they are really no worse than UK banks and so I have nothing to fear !!?
Jan 29th 2004, 9:14 pm
#19
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Originally posted by bondipom
Transaction fees.
Transaction fees.
Jan 29th 2004, 9:20 pm
#20
Joined: Aug 2003
Posts: 11,149
Originally posted by sjn2003
Does that go for all banks that operate in Oz, including on t'internet ??
Does that go for all banks that operate in Oz, including on t'internet ??
Jan 29th 2004, 9:25 pm
#21
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Originally posted by bondipom
To varying extents yes. You can pay a monthly fee to give you extra transactions or use a credit card. Most credit cards have an annual.
To varying extents yes. You can pay a monthly fee to give you extra transactions or use a credit card. Most credit cards have an annual.
Cheers for that. Bit of a bummer - I hate giving banks my money for the privilege of having my money, if you know what I mean !
Looks like I will be buying a spade and going for the hole in the garden instead of the hole in the wall !!
Jan 29th 2004, 9:27 pm
#22
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Originally posted by Herman
My main issues with Aussie banks were the charges . . . . I closed our account immediately and moved to HSBC.
My main issues with Aussie banks were the charges . . . . I closed our account immediately and moved to HSBC.
www.hsbc.com.au
Great interest rate, B Pay, cheque book, la de da. More branches opening across Oz. You can deposit cheques/cash at the Post Office. Very efficient when I have spoke to Customer Services.
Jan 29th 2004, 9:33 pm
#23
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Originally posted by Merlot
Have to say HSBC On-line Account is the best, I haven't paid any charges in 3 year as you get a limited number of ATM transactions then I think everything else is free but check out the website (don't quote me)
www.hsbc.com.au
Great interest rate, B Pay, cheque book, la de da. More branches opening across Oz. You can deposit cheques/cash at the Post Office. Very efficient when I have spoke to Customer Services.
Have to say HSBC On-line Account is the best, I haven't paid any charges in 3 year as you get a limited number of ATM transactions then I think everything else is free but check out the website (don't quote me)
www.hsbc.com.au
Great interest rate, B Pay, cheque book, la de da. More branches opening across Oz. You can deposit cheques/cash at the Post Office. Very efficient when I have spoke to Customer Services.
Jan 29th 2004, 9:40 pm
#24
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Location: Westleigh, Sydney
Posts: 554
I don’t think that banks in Oz are particularly worse than those in the UK. What they lack is a decent Internet only bank like smile or First Direct in the UK. Best to try to avoid transacting any business with them in the branches as the chimp that serves you will be more interested in selling you additional banking products than dealing with your transaction.
I don’t consider the fees a big deal. Everyone tends to lob everything on the credit card so that you accumulate loyalty points, maximise the balance on your account if it a mortgage offset account and minimise transaction charges.
I don’t consider the fees a big deal. Everyone tends to lob everything on the credit card so that you accumulate loyalty points, maximise the balance on your account if it a mortgage offset account and minimise transaction charges.
Jan 29th 2004, 9:40 pm
#25
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Originally posted by Merlot
Have to say HSBC On-line Account is the best, I haven't paid any charges in 3 year as you get a limited number of ATM transactions then I think everything else is free but check out the website (don't quote me)
www.hsbc.com.au
Great interest rate, B Pay, cheque book, la de da. More branches opening across Oz. You can deposit cheques/cash at the Post Office. Very efficient when I have spoke to Customer Services.
Have to say HSBC On-line Account is the best, I haven't paid any charges in 3 year as you get a limited number of ATM transactions then I think everything else is free but check out the website (don't quote me)
www.hsbc.com.au
Great interest rate, B Pay, cheque book, la de da. More branches opening across Oz. You can deposit cheques/cash at the Post Office. Very efficient when I have spoke to Customer Services.
They have mobile lenders to visit you, if you need a mortgage, and they seem more than willing to keep coming out to you if required.
Jan 29th 2004, 9:48 pm
#26
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Commission
I reckon us expats converted to HSBC here should ask for commission for selling the benefits to our UK counterparts arriving in Oz!
Jan 29th 2004, 10:10 pm
#27
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Re: Commission
Originally posted by Merlot
I reckon us expats converted to HSBC here should ask for commission for selling the benefits to our UK counterparts arriving in Oz!
I reckon us expats converted to HSBC here should ask for commission for selling the benefits to our UK counterparts arriving in Oz!
Maybe ask for double the normal FREE ATM transactions etc ?
Jan 29th 2004, 10:12 pm
#28
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Re: Commission
Originally posted by ABCDiamond
How about someone approaching HSBC to get a special package deal for expats ?
Maybe ask for double the normal FREE ATM transactions etc ?
How about someone approaching HSBC to get a special package deal for expats ?
Maybe ask for double the normal FREE ATM transactions etc ?
Moving away from banking, is that Roast Beef in your piccy?
My mouth is watering!
Jan 29th 2004, 10:42 pm
#29
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Re: Commission
Originally posted by Merlot
Nice thought.
Moving away from banking, is that Roast Beef in your piccy?
My mouth is watering!
Nice thought.
Moving away from banking, is that Roast Beef in your piccy?
My mouth is watering!
Its Chateaubriand.
I'm still trying to find somewhere out here that cooks it though
Jan 29th 2004, 11:24 pm
#30
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Have to vote for HSBC again here. No probs so far with them. Internet account seems bob on. Bpay easdy to do. Only thing is you can't use your eftpos card at Caltex gas stations.
Claire
Claire