Not everyone likes term deposits, but they can be a good way to earn more interest on your spare cash. St George has added the capacity to open term deposits via its mobile sites, making it easier to jump if you find an interest rate attractive. More »
Term deposits give you a higher interest rate in return for locking down your money, but just how tied down are you prepared to be? A new government proposal could see the introduction of term deposits which require 31 days notice to remove your money. More »
A new ATM design incorporates video-conferencing, meaning you can chat with a teller even if there’s not a branch around. How tempted would you be to use one? More »
This week’s sharemarket rollercoaster might have made you nervous about more exotic investment opportunities. Finance comparison site Mozo has produced a handy infographic highlighting some of the best currently available savings options. More »
Dear Lifehacker, Can I ask you (and Lifehacker readers) if anyone knows the best bank account to open. I am starting my first job and I am still in high school and won’t be earning huge bucks, so the less I have to pay to the banks for looking after my money the better. Thanks, Cashed-Up Noob More »
One of the key features of finance comparison site Mozo is user reviews of bank accounts and services. Between now and December 23, Mozo will donate $1 for each review approved on its site to the Starlight Christmas Appeal. More »
Australians love complaining about bank rip-offs, but are often reluctant to make the effort to change. A new tool co-developed by financial advocate Choice and finance comparison site Mozo helps you identify the savings available if you do make a change to a better deal. More »
The Commonwealth Bank’s large increase in loan interest rates this week has many people saying that they’ll switch banks. However, a new poll suggests that only a tiny fraction of us will ever get around to doing so. More »
Diving onto the nearest ATM regardless of brand can be tempting when you need cash in a hurry, but you’ll invariably end up paying $2 or more for the privilege. Dodge fees with our guide to which ATMs your bank lets you use for nothing. More »
Finance comparison site Mozo has gathered up its review data over 12 months to award “People’s Choice” gongs to the best financial institutions and products. Perhaps unsurprisingly, online accounts rate the highest, while the Big Four (Commonwealth, NAB, Westpac/St George and ANZ) don’t score so well. More »