Smart banking in Australia
#1
Smart banking in Australia
The National , one of the big 4 banks has released two new bank accounts that are revolutionising the market.
1) $3 NATIONAL SMART DIRECT ACCOUNT. if you mainly bank electronically -pay bills , move money etc , then this account has a flat $3 fee (monthly) for unlimited nat. electronic tx's,inc EFTPOS(a switch sysytem),atm/cash machine withdrawls,internet banking and telephone banking tx's.
2)$5 NATIONAL SMART ACCESS ACCOUNT.Ideal, says the literature, if you write cheques,make over the counter withdrawls.Includes unlimited deposits,EFTPOS,atm,internet and telephone TX's .
If you keep your balance over $3000, the monthly fee is waived .
Note: as with all accounts the Govt adds charges each month, but these accounts are the best on the market so far.Other banks only allow you a number of limited transactions before you start to pay per TX.
visit national.com.au - in Oz call 13 13 32
You should also look at a savings maximizer account through ING - the branchless bank .They offer no account fees/TX fees, you can link it to your bank account and you get 5% interest on your balance .www.ingdirect.com.au
Anyone better that ?
Melbournehelp is a wholly independent advisor for new and prospective migrants.Registered business no B1777736L
1) $3 NATIONAL SMART DIRECT ACCOUNT. if you mainly bank electronically -pay bills , move money etc , then this account has a flat $3 fee (monthly) for unlimited nat. electronic tx's,inc EFTPOS(a switch sysytem),atm/cash machine withdrawls,internet banking and telephone banking tx's.
2)$5 NATIONAL SMART ACCESS ACCOUNT.Ideal, says the literature, if you write cheques,make over the counter withdrawls.Includes unlimited deposits,EFTPOS,atm,internet and telephone TX's .
If you keep your balance over $3000, the monthly fee is waived .
Note: as with all accounts the Govt adds charges each month, but these accounts are the best on the market so far.Other banks only allow you a number of limited transactions before you start to pay per TX.
visit national.com.au - in Oz call 13 13 32
You should also look at a savings maximizer account through ING - the branchless bank .They offer no account fees/TX fees, you can link it to your bank account and you get 5% interest on your balance .www.ingdirect.com.au
Anyone better that ?
Melbournehelp is a wholly independent advisor for new and prospective migrants.Registered business no B1777736L
#2
Joined: Aug 2003
Posts: 11,149
Re: Smart banking in Australia
For transaction accounts the online savings account with HSBC with no monthly fees should be considered. Unlimited electronic transactions, 5 non HSBC ATM withdrawls and access at post offices nationwide.
In NSW there is no BAD tax (only on cheque accounts) and I believe Tassies pay a tax on credit card transactions.
Bankwest's new savings account should put some additional pressure on the big 4. I use ING's savings maximiser and cannot fault it.
In NSW there is no BAD tax (only on cheque accounts) and I believe Tassies pay a tax on credit card transactions.
Bankwest's new savings account should put some additional pressure on the big 4. I use ING's savings maximiser and cannot fault it.
#3
Re: Smart banking in Australia
Originally Posted by bondipom
For transaction accounts the online savings account with HSBC with no monthly fees should be considered. Unlimited electronic transactions, 5 non HSBC ATM withdrawls and access at post offices nationwide.
In NSW there is no BAD tax (only on cheque accounts) and I believe Tassies pay a tax on credit card transactions.
Bankwest's new savings account should put some additional pressure on the big 4. I use ING's savings maximiser and cannot fault it.
In NSW there is no BAD tax (only on cheque accounts) and I believe Tassies pay a tax on credit card transactions.
Bankwest's new savings account should put some additional pressure on the big 4. I use ING's savings maximiser and cannot fault it.
have to watch those pesky 5c pieces !!