Saving Money

Independent and trusted reviews and comparisons of savings accounts and financial software and guides to budgeting and saving money.

Banking code

Banking code exposed

A CHOICE shadow shop found that adherence to the revised Banking Code is spotty at best.

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

Kidsbankaccounts3

Kids' bank accounts

Changes to tax rules mean little savers can be hit with a big tax bill.

15 May 2012 | We review ten savings accounts designed for children and teenagers, including products offered by ANZ, Commonwealth Bank, NAB and Westpac.

BankingSatSurvey_LEAD

Bank Satisfaction Survey 2011

This year's survey shows the big four banks have not lifted their game since our 2010 report.

2 Dec 2011 | Most participants in our survey have long-term relationships with one of the big four banks, but the loyalty has yielded very little satisfaction.

man juggling suitcases

Personal financial software

We look at some of the way you can use personal financial software to manage your home budget.

19 Aug 2011 | Everyone has money concerns, but can personal financial packages help track expenses and manage your budget? We look at some of the online alternatives.

Better banking campaign

Better Banking Campaign

Send a message the ‘big four’ banks can’t ignore.

6 May 2011 | Following the latest stand-off in passing on RBA interest rate cuts, it's no surprise the ‘big four’ banks are well and truly on the nose with consumers.

Money-laptop-websites-LEAD

Finance comparison sites

Finance comparison websites can deliver masses of information on financial products instantly, but you still need to be wary when using them.

27 Apr 2011 | These websites can be used to explore many products, from bank accounts to home loans, but CHOICE recommends you approach sites with care.

Piggy bank

Ten easy household saving tips

If the GFC taught us anything it's the benefit of saving for a rainy day, here are some simple ways to spend less and save money.

1 Apr 2011 | There are simple ways to modify your everyday spending to ensure your money goes further. CHOICE shows you how.

OnlineSavingAcct_LEAD

CHOICE Awards 2011: Best Online Savings Account

Who will provide the most bang for your buck when it comes to hard-earned savings?

31 Mar 2011 | To determine the winner, we looked at 150 savings accounts and the rates they've been offering over the past 12 months.

Best low fee bank account

CHOICE Awards 2011: Best Low Fee Bank Account

Transaction fees are disappearing fast, but only two accounts have abolished penalty fees.

31 Mar 2011 | Penalty fees, or lack thereof, became the ultimate decider of this award.

Bank-profits-big-four-australia

Move your money

To celebrate World Consumer Rights Day, move your money from accounts that simply top up the profits of banks.

14 Mar 2011 | $153 billion worth of Australian money currently sits in everday transaction accounts that earn little or no interest.

Anti Rip-Off Insurance

Make sure you're getting the best deal
CHOICE Online membership $22.95 a quarter

Join
CHOICE Online

Discover the benefits of membership. Just $1.91 a week

 
 

Polls

 
 

Have you switched banks to get a better deal?

  
36%
 
No
  
23%
 
No, but I plan to
  
39%
 
Yes
  • 756 votes