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Savings Accounts News

The latest savings accounts news and tips

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
Alex Ritchie

Personal Finance Editor

ANZ and NAB first big banks to cut savings rates again

ANZ and NAB have today reduced their savings rates following the Reserve Bank’s 2 July decision to cut the cash rate to 1 per cent.

Savings Accounts

12 Jul, 2019

4 min read

ANZ and NAB first big banks to cut savings rates again
Alex Ritchie

Personal Finance Editor

Tough time for savers as the big four banks slash interest rates

RateCity.com.au data shows that over 47 banks have dropped their savings rates since the RBA cash rate cut on June 4, including ING, AMP, Bank of Queensland, ME, Suncorp and Bendigo, in addition to the big 4 banks.

Savings Accounts

26 Jun, 2019

4 min read

Tough time for savers as the big four banks slash interest rates
Mark Bristow

Personal Finance Editor

How could a cash rate cut affect your savings?

Speculation is building that the Reserve Bank of Australia (RBA) may soon cut the nation’s cash rate for the first time in years. While many home owners and property investors may welcome this news, what effect would a rate cut have on Australians keeping their wealth in saving accounts or term deposits?

Savings Accounts

02 Jun, 2019

4 min read

How could a cash rate cut affect your savings?
Nick Bendel

Property & Personal Finance Writer

Trading shares is easy to do – but not for the faint-hearted

You might’ve heard that the Australian stock market has been on a bit of tear, jumping 14.6 per cent since the start of the year.

Savings Accounts

29 May, 2019

3 min read

Trading shares is easy to do – but not for the faint-hearted
Nick Bendel

Property & Personal Finance Writer

The piggy bank has now gone high-tech

Bank Australia has taken the concept of spare change and made it digital.

Savings Accounts

20 May, 2019

2 min read

The piggy bank has now gone high-tech
Nick Bendel

Property & Personal Finance Writer

How to beat those (possibly non-existent) inflation blues

Prices keep going up, up, up! Except, actually, they don’t, or at least not always.

Savings Accounts

28 Apr, 2019

3 min read

How to beat those (possibly non-existent) inflation blues
Nick Bendel

Property & Personal Finance Writer

Shop around and check the fine print with savings accounts

If you’re looking for a savings account with high interest rates, you might be going about it the wrong way.

Savings Accounts

21 Apr, 2019

5 min read

Shop around and check the fine print with savings accounts
Nick Bendel

Property & Personal Finance Writer

How much it costs to binge on Queer Eye, Wolf Creek and Logan Paul

Choose the right subscription TV service and you’ll never have to leave your couch again. Ever.

Savings Accounts

24 Mar, 2019

3 min read

How much it costs to binge on Queer Eye, Wolf Creek and Logan Paul
Nick Bendel

Property & Personal Finance Writer

It’s time to give yourself a $10,000 raise

Whatever your employment situation, we could all benefit from earning more and spending less.

Savings Accounts

22 Mar, 2019

4 min read

It’s time to give yourself a $10,000 raise
Mark Bristow

Personal Finance Editor

Stockspot Savings offers alternative to banks

Australians looking to grow their wealth over time with the help of a high-interest savings account have a new alternative to consider from online investment adviser and fund manager, Stockspot.

Savings Accounts

02 Feb, 2019

2 min read

Stockspot Savings offers alternative to banks