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Cash back
Just had a thought about trying to avoid bank charges in Australia and wondered this.....
Do Australian shops such as Supermarkets offer cash back like they do in the UK? If they do isnt this a good way of avoiding cash point machine charges if your bank is lacking in them where you live? |
Re: Cash back
Originally posted by migrantoz Just had a thought about trying to avoid bank charges in Australia and wondered this..... Do Australian shops such as Supermarkets offer cash back like they do in the UK? If they do isnt this a good way of avoiding cash point machine charges if your bank is lacking in them where you live? |
Re: Cash back
. Other thing to remember is that with most accounts you only get a limited number of EFTPOS transactions. [/QUOTE]
Whats a EFTPOS transaction, is it the same as `Switch` and how many is a limited number? |
Re: Cash back
Originally posted by S Oldfield . Other thing to remember is that with most accounts you only get a limited number of EFTPOS transactions. Whats a EFTPOS transaction, is it the same as `Switch` and how many is a limited number? [/QUOTE] EFTPOS = Electronic Funds Transfer Point Of Sale Basically when you use your card to pay in the shops instead of cash, we call it EFTPOS. The number you get depends on what account you use with what bank. I think I get 10 EFTPOS transactions and 5 ATM (Automatic Teller Machine or Cashpoint) transactions for my $5/Month account fees... that's with Commonwealth Bank anyway... |
Re: Cash back
Originally posted by gavo Whats a EFTPOS transaction, is it the same as `Switch` and how many is a limited number? Basically when you use your card to pay in the shops instead of cash, we call it EFTPOS. The number you get depends on what account you use with what bank. I think I get 10 EFTPOS transactions and 5 ATM (Automatic Teller Machine or Cashpoint) transactions for my $5/Month account fees... that's with Commonwealth Bank anyway... [/QUOTE] I see, very similsr to `switch`. Bloodyhell I have been known to use 10 transactions in a day...looks like I am buggered then!! |
Re: Cash back
Originally posted by S Oldfield I see, very similsr to `switch`. Bloodyhell I have been known to use 10 transactions in a day...looks like I am buggered then!! I just draw my pay each fortnight from the ATM and live off cash... I find it much easier to control myself that way! :D |
Re: Cash back
Take a look at HSBC'S Online Savings Account here .
You can open it whilst in the UK. I have, and my money's sitting there now awaiting my arrival. From HSBC site... "Here is what you get: A high 4.50% p.a. interest rate Fee-free internet banking options Unlimited HSBC ATM transactions Five free ATM transactions per month, at any bank ATM Free BPAY bill payments, EFTPOS and GiroPost access Free Telephone Banking access Cheque book option Instant access to withdrawals Interest calculated daily and paid monthly No minimum balance after opening Link to your online broking, managed funds or margin lending accounts" |
Cheers for that. Will definately open an account in the near future, $2000 is a bit steep to open it with though..........
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Re: Cash back
Originally posted by young_lad Take a look at HSBC'S Online Savings Account here . You can open it whilst in the UK. I have, and my money's sitting there now awaiting my arrival. From HSBC site... "Here is what you get: A high 4.50% p.a. interest rate Fee-free internet banking options Unlimited HSBC ATM transactions Five free ATM transactions per month, at any bank ATM Free BPAY bill payments, EFTPOS and GiroPost access Free Telephone Banking access Cheque book option Instant access to withdrawals Interest calculated daily and paid monthly No minimum balance after opening Link to your online broking, managed funds or margin lending accounts" |
Re: Cash back
Originally posted by railman2404 nice info can it be used as a regular account once in oz |
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