What To Do When Your Term Deposit Matures

April 20, 2012

Term deposits are a huge benefit to people who are often tempted to dip into their saving accounts, but some decisions need to be made when the term comes to an end.

Unlike traditional savings accounts, which can be accessed at almost any time, a term deposit account locks the savings in place for a fixed period before the account “matures”. read more

Category: Term Deposits Tags: ,

Transaction Accounts With Contactless Payment Technology

April 18, 2012

Everyday banking is becoming a whole lot more accessible and convenient thanks to the gradual introduction of contactless debit card payment options.

Contactless technology has been around for a while, and there are already systems in place for transport in cities like Perth, Brisbane and Melbourne, where you can “touch on” and “touch off” with a plastic card instead of using a paper ticket.

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Category: Online Banking, Savings Accounts, transaction accounts Tags: ,

How Safe Are Your Savings?

April 16, 2012

While it is important to think about your savings in terms of financial goals, security should also be considered.

Whether it is a savings account, a term deposit, trust fund or your superannuation, knowing the balance and making contributions is only one part of the picture. read more

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Can Online Savings Accounts Get Hacked?

April 11, 2012

Amidst the hype of online savings accounts, we could be forgetting to consider other essentials like security.

Online saving accounts tend to offer the highest interest rates available for your savings, with both independent and major banks now offering saving options managed solely through internet banking services. read more

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What To Do When Your Account Is Compromised

April 6, 2012

With the rise of internet banking, phone banking and debit card use, people now have more ways to access their money than ever before.

Unfortunately the convenience of these features does not come without risks. read more

Category: Tips Tags: , , ,