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What Not to Do With Your Bank Account

What Not to Do With Your Bank Account

Bank accounts are no joke. They hold very private information that if not treated carefully can lead to some real financial headaches. Banks know this and as a result take extra precautions when they see something suspicious – however, many people still make detrimental mistakes that can really hinder...
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Questions You Should Be Asking Your Bank Representative

Questions You Should Be Asking Your Bank Representative

When you walk into a bank you may notice a few things. First, there are the nice tellers who are helping people with their transactions. Then there are the bank representatives – the individuals who have their own desks and who you must speak with in order to open an account. Photo: Ken Teegardin Note...
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What Kind of Banking System Works for You?

What Kind of Banking System Works for You?

There’s been a battle brewing for quite some time between credit unions and more traditional brick and mortar banks. The reasoning behind this? Big banks have become notorious for outrageous bank fees and poor customer service that is costing their customers millions of dollars. Credit unions have...
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Red Flags That Could Get Your Bank Account Frozen

Red Flags That Could Get Your Bank Account Frozen

Banks in Australia take identity theft, fraud, illicit activity and suspicious transactions very seriously. In fact, if you’ve ever been a victim of identity theft you know very well that banks will freeze your account, call you and hopefully alert the appropriate authorities if anything looks strange. Unfortunately,...
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4 Advantages of Credit Unions

4 Advantages of Credit Unions

With preposterous bank fees in Australia still battling it out in court, it may be a wise idea to look into other options for your banking. Many financial experts are singing the praises of online banks like ING Direct because of their lack of fees, but who can really wait 3 or more days for their money...
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Disadvantages of Credit Unions

Disadvantages of Credit Unions

  It’s difficult not to get annoyed by big brick and mortar banks these days. With mounting fees and a lack of customer service, many are considering ditching their traditional banks and opening up accounts at credit unions. Photo: Ramburg Media While this may work for most people, there are still...
Filed in: Uncategorized
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Bank Fees You Probably Didn’t Know About

Bank Fees You Probably Didn’t Know About

Bank fees can sneak up behind you and really add up. As a result they can seriously put a dent in your finances and your day. These days banks have fees for just about everything short of breathing. In fact, Australia is home to the largest class action lawsuit filed against some of their top banks precisely...
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5 Things That Will Get Your Bank Account Closed or Frozen

5 Things That Will Get Your Bank Account Closed or Frozen

Picture this: You go to the grocery store, you’re at the cashier, you swipe your check card and you are suddenly declined. Confused and baffled you swipe the card again and get the same response. At first you probably think that you are a victim of identity theft so you call the bank. Then they tell...
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Different Banks for Different People

Different Banks for Different People

With so many banking options these days it’s hard to decide which bank is most appropriate for your situation. As of late, there’s also a lot of media hype surrounding financial institutions which only makes everything even more confusing to the average consumer. You may be furious with your bank...
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Advantages of Online Banking

Advantages of Online Banking

Like most people, you’ve probably heard about online banking. While younger generations have easily grasped this concept there are still several people out there who are unsure if they want to make the switch to banking online. Here’s a refresher: online banking (not to be confused with web only...
Filed in: Bank Fees
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