3 Big Bank Hacks Money Saving Tips!

The most important Bank Hacks tips that we can offer to anyone with an Australian bank account is as follows:

  1. Be aware of all the monthly fees you are paying across all your accounts. Look for accounts that have $0 monthly fees! They are out there you just have to look hard.
  2. Avoid using credit cards that have high interest rates when you can’t pay back the entire due amount each month. Consider a low rate credit card instead. Don’t worry about the Frequent Flyer Status when you are paying all that extra interest. It’s not worth it getting free flights to destinations you can’t pay for!
  3. Be sure to check your bank statements regularly. As most banks now only do online statements, get into the habit of checking them at least monthly. With online fraud so widespread these days, and banks can sometimes make mistakes, be sure to be on top of your money. You’ll also start to stop some unnecessary spending habits too.