Australia MoneySavingExpert
#1
Thread Starter
Forum Regular


Joined: Mar 2009
Posts: 69
From: Sydney











Spoilt in the UK with our choices but is there an aussie equivalent?
Looking to open up a bank account which is recommended and want to find out if there accounts with 'addons' like natwest gold advantage etc..
Thanks!
Looking to open up a bank account which is recommended and want to find out if there accounts with 'addons' like natwest gold advantage etc..
Thanks!
#2
Forum Regular



Joined: Oct 2010
Posts: 237











http://www.moneysavingaussie.com/Pag...Australia.aspx
Or happy to pay a fee but for what sort of extras? All are possible
#3
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Joined: Aug 2008
Posts: 22,348











There aren't a lot of good Australia specific bank account comparison sites, the one above is about as good as it gets.
This account looks like a good fee free one with decent % interest returns. The only things it doesn't offer is a cheque book and the ability to make cash or cheque deposits.
This account looks good for those two missing missing features - again: fee free
This account looks like a good fee free one with decent % interest returns. The only things it doesn't offer is a cheque book and the ability to make cash or cheque deposits.

This account looks good for those two missing missing features - again: fee free
#4
As an aside, sadly Martin Lewis sold his business to moneysupermarket.com last year so now they are basically the same thing - you can go into MSE and end up with quotes on MS usually. I've always thought there's a good opportunity for a business to do similar to Martin in Australia.
#5
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Joined: Aug 2008
Posts: 22,348











As an aside, sadly Martin Lewis sold his business to moneysupermarket.com last year so now they are basically the same thing - you can go into MSE and end up with quotes on MS usually. I've always thought there's a good opportunity for a business to do similar to Martin in Australia.
http://www.thisismoney.co.uk/money/s...mparisons.html
http://www.lovemoney.com/currentaccounts/
http://moneyfacts.co.uk/
etc
Looking again at the UK compare sites now, there seem to be loads of good alternatives whereas in Australia it's very limited. I think it could in part be because of the laid-back Aussie culture where they seem more willing to just just cough up and pay whereas us Brits make more of a principle of not buying into obvious rip offs/instances of poor value.
#6
Thread Starter
Forum Regular


Joined: Mar 2009
Posts: 69
From: Sydney











Thanks for the info,
Paulry, think its stemmed from all those WatchDogs on rip off Britain!
Paulry, think its stemmed from all those WatchDogs on rip off Britain!
#8
Online, Martin was a bit late to the game so when I lived over there I already had preferred comparison sites over his, including:
http://www.thisismoney.co.uk/money/s...mparisons.html
http://www.lovemoney.com/currentaccounts/
http://moneyfacts.co.uk/
etc
Looking again at the UK compare sites now, there seem to be loads of good alternatives whereas in Australia it's very limited. I think it could in part be because of the laid-back Aussie culture where they seem more willing to just just cough up and pay whereas us Brits make more of a principle of not buying into obvious rip offs/instances of poor value.
http://www.thisismoney.co.uk/money/s...mparisons.html
http://www.lovemoney.com/currentaccounts/
http://moneyfacts.co.uk/
etc
Looking again at the UK compare sites now, there seem to be loads of good alternatives whereas in Australia it's very limited. I think it could in part be because of the laid-back Aussie culture where they seem more willing to just just cough up and pay whereas us Brits make more of a principle of not buying into obvious rip offs/instances of poor value.
"As of February 2012 MSE was reportedly ranked the biggest consumer and personal finance site in the UK with over 13 million users each month".
Now if we can just get rid of those effin Meerkat and Welsh Opera singer ads.
#9
Thread Starter
Forum Regular


Joined: Mar 2009
Posts: 69
From: Sydney











Lots of possibilities. What do you want? Fee free?
http://www.moneysavingaussie.com/Pag...Australia.aspx
Or happy to pay a fee but for what sort of extras? All are possible
http://www.moneysavingaussie.com/Pag...Australia.aspx
Or happy to pay a fee but for what sort of extras? All are possible
#10
Thread Starter
Forum Regular


Joined: Mar 2009
Posts: 69
From: Sydney











Drag this one back up, but does anyone know any accounts that offer free international transfers? (doubtful) I will be sending around £400 back to the UK each month to cover some *borrowed* money so trying to avoid forking out for the privilege..
Or is it best to just use a service like XE.com for international payments?
Or is it best to just use a service like XE.com for international payments?
#11
Just use xe or tranzfers.com.au. It's quick and easy and they often have 'free' transfer deals for customers.
#12
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Joined: Aug 2008
Posts: 22,348











There aren't a lot of good Australia specific bank account comparison sites, the one above is about as good as it gets.
This account looks like a good fee free one with decent % interest returns. The only things it doesn't offer is a cheque book and the ability to make cash or cheque deposits.
This account looks good for those two missing missing features - again: fee free
This account looks like a good fee free one with decent % interest returns. The only things it doesn't offer is a cheque book and the ability to make cash or cheque deposits.

This account looks good for those two missing missing features - again: fee free

Told them there's no risk since we have the cards and we wont be putting any money into the account until we have PIN access but there's no convincing them it seems. Is a NAB account worth the hassle or should I just tell them to shove it?
#13
Lost in BE Cyberspace










Joined: Dec 2010
Posts: 14,040











Drag this one back up, but does anyone know any accounts that offer free international transfers? (doubtful) I will be sending around £400 back to the UK each month to cover some *borrowed* money so trying to avoid forking out for the privilege..
Or is it best to just use a service like XE.com for international payments?
Or is it best to just use a service like XE.com for international payments?
As for comparison websites, there's a few around. Try this for starters
http://www.choice.com.au/reviews-and...ing-money.aspx




