Banking

Independent and trusted tests and investigations of your bank accounts and savings, taxes and foreign currencies.

Top 10 Popular Articles

Currency exchange

Travel money buying guide

23 Apr 2009 | CHOICE recommends you take a mix of cash and cards to cover expenses and provide a back-up plan. We tell you which companies provide the best products and rates.  More »

House keys

First home saver accounts

03 Aug 2009 | To provide incentives for people to save for their first home, the federal government launched the first home saver account (FHSA) scheme.  More »

World currency iStock

Travel money cards quick review

21 Dec 2009 | We expose the hidden costs.  More »

Family looking at invoices

Switch financial providers and save

15 Feb 2008 | For most of us, minimising the cost of 'staple' financial services like bank accounts and insurance is important. Here's how to save.  More »

Graph and reading glasses

How to avoid bank penalty fees

12 May 2010 | Make sure you're not being stung by high penalties for overdrawing your account, paying your credit card bill a day late, or trying to pay in a cheque that bounces.   More »

Australian money

Find your lost savings and super

30 Jan 2007 | An estimated one-in-three working Australians have lost contact with their super accounts. If you changed your job, address or name recently and forgot to tell the fund, you could be one of them.  More »

Money

High interest savings accounts guide

15 Jan 2008 | If you've got money parked in an everyday transaction account paying next to nothing interest, you could be earning much more by switching to an account with a better rate.   More »

Hand and calculator

How to build a budget

20 Apr 2009 | Most people are getting income from one source — a salary. However, with increasingly complicated employment and the odd savvy person making money from investments, it might not be that simple.  More »

ing_lead

ING Direct Orange Everyday review

10 Mar 2010 | The account isn't completely fee-free and it doesn't pay interest, but most everyday transactions are free and there are incentives that will be attractive to many customers.  More »

The big four banks

Bank satisfaction survey 2009

30 Sep 2009 | Over the past year, ANZ, Commonwealth, NAB and Westpac have increased market share but our survey reveals they haven't increased in popularity.  More »

Top 10 Recent Articles

Note book

Term deposits a bad deal

23 Oct 2014 | CHOICE reveals term deposit traps and top term deposit rates for six months, one year and three years.  More »

Road sign and blue sky - sky high interest rates

Top online savings accounts

29 Sep 2014 | Don't leave your hard-earned money in zero interest paying transaction accounts, use a high interest account instead.   More »

Bank Accounts

Top fee-free bank accounts

23 Sep 2014 | Save on fees by choosing an account with no monthly fee and no fees for many ‘everyday’ transactions.   More »

kids-bank-accounts-lead

Kids' saving accounts review

04 Jul 2014 | We review 26 savings accounts designed for children and teenagers, including products offered by ANZ, Commonwealth Bank, Bankwest and Westpac. We find good interest rates but also some bad conditions and fees.   More »

ONLINE_MobileMoneyManagers_LEAD

Mobile money managers

22 Jan 2014 | We've checked out 10 financial apps that let you keep track of your spending or budget on the go.  More »

BPAY View mobile bill payment

Direct debit versus BPAY View

08 Oct 2013 | With BPAY and direct debit, there are now more convenient options than ever for paying your bills - but which one's the best for your wallet?  More »

term-deposit-rolling-lead

Term Deposit Rolling

15 Jul 2013 | Over the past few years, bonus rates on online savings accounts have been as good or better than the highest rates on term deposit accounts. New regulations will see the pendulum swing back towards term deposits.  More »

Banking code

Banking code exposed

31 May 2013 | A revised banking code is one thing. Compliance is another.   More »

overseas-money-transfer-lead

Overseas money transfers

03 Apr 2013 | Unexpected fees and a poor exchange rate could cost you hundreds of dollars in the course of an international money transfer.  More »

Overseas-currency-transactions

Foreign transaction fees

10 Jul 2012 | Exchange rates say Aussies should be picking up a nice little bonus on overseas transactions this year. Research by a savvy CHOICE member says otherwise.   More »

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Polls

 
 

Have you switched banks to get a better deal?

  
33%
 
No
  
26%
 
No, but I plan to
  
40%
 
Yes
  • 1012 votes

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