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Savings Accounts News

The latest savings accounts news and tips

Liz Seatter

Senior Finance Writer

Regular savers take the fall as CBA cuts bonus rates

Australia’s biggest bank, CBA, has today cut interest rates on some savings accounts by up to 0.30 per cent on the back of last week’s cut to the cash rate.

Savings Accounts

09 Mar, 2020

3 min read

Regular savers take the fall as CBA cuts bonus rates
Alison Cheung

Finance Writer

Australians becoming more anxious about their finances

Financial wellbeing among Australians is suffering amidst mounting concerns over retirement plans, mortgages and personal debts.

Savings Accounts

26 Feb, 2020

4 min read

Australians becoming more anxious about their finances
Alex Ritchie

Personal Finance Editor

5 easy ways to save hundreds by Christmas

Here are a few ways you can inject some extra cash into your savings account this holiday season.

Savings Accounts

25 Nov, 2019

3 min read

5 easy ways to save hundreds by Christmas
Alex Ritchie

Personal Finance Editor

Looking to get cash out? Over 1000 ATMs cut across Australia

With the growing interest in online banking services, it may not be surprising to learn that the number of ATMs and branches is shrinking.

Savings Accounts

29 Oct, 2019

4 min read

Looking to get cash out? Over 1000 ATMs cut across Australia
Laine Gordon

Head of Public Relations

Westpac the last of the big four to cut

Westpac has today dropped the interest rate on its savings accounts; the last of the big four banks to pass on cuts to savers this month. 

Savings Accounts

16 Oct, 2019

4 min read

Westpac the last of the big four to cut
Alex Ritchie

Personal Finance Editor

Savers suffer as big banks cut bonus rates

ANZ and NAB have today cut the interest rates on their savings accounts on the back of last week’s cut to the cash rate, affecting millions of customers. 

Savings Accounts

11 Oct, 2019

4 min read

Savers suffer as big banks cut bonus rates
Mark Bristow

Personal Finance Editor

Savings Slump: Westpac cuts up to 0.10% off savings account interest rates

Westpac group has today cut savings rates by up to 0.10 per cent even though the RBA left rates on hold last month. Australia’s second largest bank now has a max savings rate of 1.91 per cent, for just five months.

Savings Accounts

20 Sep, 2019

2 min read

Savings Slump: Westpac cuts up to 0.10% off savings account interest rates
Alex Ritchie

Personal Finance Editor

Resuscitate your nest egg with these simple tips

Aussies will certainly be feeling the pinch as financial institutions slash savings and term deposit rates to record-lows. Here are a few simple steps you can follow to help boost your nest egg.

Savings Accounts

16 Sep, 2019

5 min read

Resuscitate your nest egg with these simple tips
Mark Bristow

Personal Finance Editor

How to find a bank account that rewards you

If you want a simple way to earn a little money on your savings, what should you look for when choosing a bank account?

Savings Accounts

09 Aug, 2019

3 min read

How to find a bank account that rewards you
Laine Gordon

Head of Public Relations

CBA cuts savings rates by up to 0.25 per cent

Australia’s largest bank, CBA, has reduced its savings rates by up to 0.25 per cent. This means all four big banks have now cut their savings rates following the July RBA cash rate cuts.

Savings Accounts

23 Jul, 2019

3 min read

CBA cuts savings rates by up to 0.25 per cent
Liz Seatter

Senior Finance Writer

Westpac cuts savings rates as CBA continues to hold out (for now)

Australia’s second largest bank, Westpac, has today reduced their savings rates by up to 0.20 per cent.

Savings Accounts

19 Jul, 2019

4 min read

Westpac cuts savings rates as CBA continues to hold out (for now)
Alex Ritchie

Personal Finance Editor

The new fintech helping kids understand money

The humble piggy bank can take a backseat to this new financial tool helping your kids understand and save money.

Savings Accounts

17 Jul, 2019

3 min read

The new fintech helping kids understand money