Bank Accounts News
The latest bank accounts news and tips
Georgia Brown
Personal Finance Editor
New study reveals ‘enormous impact’ of financial abuse in Australia
More than 623,100 Australians were subjected to financial abuse in 2020, resulting in an estimated $10.9 billion in costs for victims and the broader economy, according to new research.
Bank Accounts
01 Mar, 2022
3 min read
Laine Gordon
Money Editor
Gift cards: the naughty and nice list this Christmas
RateCity.com.au has today revealed its annual ‘naughty and nice’ gift card list, with nearly one in three Australians estimated to buy gift cards this Christmas.
Bank Accounts
16 Dec, 2021
10 min read
Alex Ritchie
Personal Finance Editor
Branches and ATMs on the decline as Aussies move away from cash
Access to face-to-face points of contact, such as bank branches and ATMs, fell in the last financial year, as COVID-19 strikes another nail in the coffin of cash. ANZ ditched nearly half of its ATMs and closed 1 in 5 branches.
Bank Accounts
21 Oct, 2021
3 min read
Alex Ritchie
Personal Finance Editor
ING announces it will pay customer bills up to $100 a year
ING will help its Orange Everyday customers by providing 1% cashback on their gas, water, and electricity bills. The offer will be effective from 1 December 2021, capped at $100 per financial year.
Bank Accounts
25 Aug, 2021
3 min read
Laine Gordon
Money Editor
CBA StepPay launches today – how it stacks up in a crowded BNPL market
Australia’s largest bank, CBA, has today launched its new buy now, pay later service, ‘StepPay’.
Bank Accounts
18 Aug, 2021
6 min read
Mark Bristow
Personal Finance Editor
Which banks are offering financial relief to customers affected by the latest lockdowns?
With several areas around Australia locking down to help halt the spread of COVID-19, several of Australia’s leading banks have introduced measures to provide support and financial relief to customers who are doing it tough.
Bank Accounts
01 Jul, 2021
4 min read
Alex Ritchie
Personal Finance Editor
How to perform a financial health check for the new financial year
The new financial year is almost upon us and it’s the perfect time to take stock of your personal finances and perform a financial health check. Using RateCity comparison tools, such as tables and calculators, let’s look at how you may perform a financial health check.
Bank Accounts
30 Jun, 2021
6 min read
Alex Ritchie
Personal Finance Editor
Over a quarter of Aussies feel better about their finances than a year ago
Just over a quarter of Australians feel better about their finances than 12 months ago, according to research from the latest RateCity survey. There are some actions you may want to consider to take back control.
Bank Accounts
04 Jun, 2021
4 min read
Georgia Brown
Personal Finance Editor
Most Aussies paying with savings over credit as debit card use sharply rises: ABA
Payment by debit cards in Australia has outweighed credit cards by almost three times, according to new data released by the Australian Banking Association (ABA).
Bank Accounts
01 Jun, 2021
3 min read
Alex Ritchie
Personal Finance Editor
Australians stash an extra $124 billion in the bank in the year since COVID
New figures out today from APRA show Australians have deposited an extra $124.14 billion in the bank since COVID hit. At the same time people have been stashing their cash, the interest rates offered on savings have plummeted.
Bank Accounts
03 May, 2021
4 min read
Laine Gordon
Money Editor
1 in 3 Australians have fallen victim to a financial scam
Almost one third of Australians have been hit by a financial scam, new RateCity research shows. Scams included credit card hacks, identity theft and people who had been tricked into handing over money.
Bank Accounts
22 Apr, 2021
4 min read
Mark Bristow
Personal Finance Editor
Banks offer support for customers affected by NSW floods
With entire regions of central New South Wales being affected by severe flooding, several of Australia’s banks have offered relief and support packages for affected customers.
Bank Accounts
22 Mar, 2021
3 min read
Trending articles
Laine Gordon
Money Editor
16 Oct, 2024
Banks close hundreds of branches and ATMs last financial year: APRA
Eden Radford
External Comms Lead
25 Mar, 2024
What is the lipstick effect?
Mark Bristow
Personal Finance Editor
24 Nov, 2023
Australian banks unite to stop scammers – how you can protect yourself
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