Switch financial providers and save

Worried you're paying too much on banking, credit cards or insurance?
 
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01 .Switch and save

Couple talking to consultant

Rising inflation, interest rates and high property prices mean that, for most of us, minimising the cost of 'staple' financial services like bank accounts and insurance is important. And when some of these services are virtually identical — apart from their cost — why wouldn’t you go for the cheapest option?

Well, one answer is because of the difficulty of changing. Flicking your bank account is harder than it should be — Australia lags behind other countries in this respect.

That’s why CHOICE has pushed for the introduction of more efficient and low-cost switching processes, which are expected to be introduced later in 2008.

But even taking the 'hassle factor' into account, CHOICE members told us it's well worth switching banks and credit cards for better fees, rates and service. And switching your insurance policy is easy, and could save you hundreds of dollars each year.

This report looks at ways to save (or get a better return) on your:

  • banking
  • credit cards
  • insurance
  • savings

Government reforms welcomed

The Federal Government has just announced plans to make account switching easier for consumers — a move welcomed by CHOICE, as we have been campaigning on this issue for the past three years.

The government has announced that from November 2008, a listing and switching service will require your present bank, if requested, to provide a list of all your account's debits and credits. You can take this list to the institution you want to switch to and it'll be required to help you to reestablish those automatic payments, taking a lot of the hassle out of switching.

Please note: this information was current as of February 2008 but is still a useful guide to today's market.


 
 

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Ernie's opinion:

  • Member since: 30 Jul 07
  • 9 Comments
  • 0 Replies
 
User Profile

8 MONTHS AGO | Hi,
good quality stainless steel is non-magnetic, so testing it with a magnet is useless.
St/St cookware suitable for induction cooking has steel embedded in its base, the same as some copper items.
I have used induction cooking for years: it is the best!
Regards, Ernst

 

 
 

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fitzy1928's opinion:

  • Member since: 01 Oct 10
  • 16 Comments
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8 MONTHS AGO | i have bought some induction cook ware my problem is the good brands are not only expensive BUT VERY HEAVY to lift as you get older (over 60) it gets darn hard, but i have a portable 2 plate hotplate for camping i just love it,
it is so much quicker to cook with than the ceramic top which i also have

 

 
 

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Mel's opinion:

  • Member since: 12 Oct 12
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8 MONTHS AGO | We've had trouble with finding frypans of a big enough size. With a Neff induction cooktop a large percentage of the 'hot plate' needs to be covered otherwise the whole area does not function. Even my largest frypan does not cover enough of the biggest hot plate so only activates the smaller inner circle. This means that food near the edge of the frypan does not cook. Has anyone bought a good large frypan?

 

 
 

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kls's opinion:

  • Member since: 29 Mar 14
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8 MONTHS AGO | I have had trouble with fry pans/ skillets. If I use a high heat the base will warp so it bows upwards, then they are useless as the heat does not distribute evenly. Both times they were expensive and supposed to be good for induction. The sales team say they should only be used on medium heat, my view is its a frypan so it should cope with high temperatures.

 

 
 

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Wietse's opinion:

  • Member since: 15 Nov 13
  • 2 Comments
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9 MONTHS AGO | Hello,
My question is: as there are many brands of induction cooktops and prices vary greatly.
How would I know the quality of the brand? Is the price the only indication of a good unit or are there other indications.
Looking forward to your response
Regards W van der Kooi
email: wietse@ozemail.com.au

 

 
 

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Ernie's opinion:

  • Member since: 30 Jul 07
  • 9 Comments
  • 0 Replies
 
User Profile

8 MONTHS AGO | Hi,
good quality stainless steel is non-magnetic, so testing it with a magnet is useless.
St/St cookware suitable for induction cooking has steel embedded in its base, the same as some copper items.
I have used induction cooking for years: it is the best!
Regards, Ernst

 

 
 

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fitzy1928's opinion:

  • Member since: 01 Oct 10
  • 16 Comments
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8 MONTHS AGO | i have bought some induction cook ware my problem is the good brands are not only expensive BUT VERY HEAVY to lift as you get older (over 60) it gets darn hard, but i have a portable 2 plate hotplate for camping i just love it,
it is so much quicker to cook with than the ceramic top which i also have

 

 
 

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Mel's opinion:

  • Member since: 12 Oct 12
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8 MONTHS AGO | We've had trouble with finding frypans of a big enough size. With a Neff induction cooktop a large percentage of the 'hot plate' needs to be covered otherwise the whole area does not function. Even my largest frypan does not cover enough of the biggest hot plate so only activates the smaller inner circle. This means that food near the edge of the frypan does not cook. Has anyone bought a good large frypan?

 

 
 

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kls's opinion:

  • Member since: 29 Mar 14
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8 MONTHS AGO | I have had trouble with fry pans/ skillets. If I use a high heat the base will warp so it bows upwards, then they are useless as the heat does not distribute evenly. Both times they were expensive and supposed to be good for induction. The sales team say they should only be used on medium heat, my view is its a frypan so it should cope with high temperatures.

 

 
 

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Wietse's opinion:

  • Member since: 15 Nov 13
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9 MONTHS AGO | Hello,
My question is: as there are many brands of induction cooktops and prices vary greatly.
How would I know the quality of the brand? Is the price the only indication of a good unit or are there other indications.
Looking forward to your response
Regards W van der Kooi
email: wietse@ozemail.com.au

 

 
 

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Ernie's opinion:

  • Member since: 30 Jul 07
  • 9 Comments
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User Profile

8 MONTHS AGO | Hi,
good quality stainless steel is non-magnetic, so testing it with a magnet is useless.
St/St cookware suitable for induction cooking has steel embedded in its base, the same as some copper items.
I have used induction cooking for years: it is the best!
Regards, Ernst

 

 
 

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fitzy1928's opinion:

  • Member since: 01 Oct 10
  • 16 Comments
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8 MONTHS AGO | i have bought some induction cook ware my problem is the good brands are not only expensive BUT VERY HEAVY to lift as you get older (over 60) it gets darn hard, but i have a portable 2 plate hotplate for camping i just love it,
it is so much quicker to cook with than the ceramic top which i also have

 

 
 

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Mel's opinion:

  • Member since: 12 Oct 12
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8 MONTHS AGO | We've had trouble with finding frypans of a big enough size. With a Neff induction cooktop a large percentage of the 'hot plate' needs to be covered otherwise the whole area does not function. Even my largest frypan does not cover enough of the biggest hot plate so only activates the smaller inner circle. This means that food near the edge of the frypan does not cook. Has anyone bought a good large frypan?

 

 
 

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kls's opinion:

  • Member since: 29 Mar 14
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8 MONTHS AGO | I have had trouble with fry pans/ skillets. If I use a high heat the base will warp so it bows upwards, then they are useless as the heat does not distribute evenly. Both times they were expensive and supposed to be good for induction. The sales team say they should only be used on medium heat, my view is its a frypan so it should cope with high temperatures.

 

 
 

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Wietse's opinion:

  • Member since: 15 Nov 13
  • 2 Comments
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User Profile

9 MONTHS AGO | Hello,
My question is: as there are many brands of induction cooktops and prices vary greatly.
How would I know the quality of the brand? Is the price the only indication of a good unit or are there other indications.
Looking forward to your response
Regards W van der Kooi
email: wietse@ozemail.com.au

 

 
 

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Ernie's opinion:

  • Member since: 30 Jul 07
  • 9 Comments
  • 0 Replies
 
User Profile

8 MONTHS AGO | Hi,
good quality stainless steel is non-magnetic, so testing it with a magnet is useless.
St/St cookware suitable for induction cooking has steel embedded in its base, the same as some copper items.
I have used induction cooking for years: it is the best!
Regards, Ernst

 

 
 

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fitzy1928's opinion:

  • Member since: 01 Oct 10
  • 16 Comments
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User Profile

8 MONTHS AGO | i have bought some induction cook ware my problem is the good brands are not only expensive BUT VERY HEAVY to lift as you get older (over 60) it gets darn hard, but i have a portable 2 plate hotplate for camping i just love it,
it is so much quicker to cook with than the ceramic top which i also have

 

 
 

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Mel's opinion:

  • Member since: 12 Oct 12
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User Profile

8 MONTHS AGO | We've had trouble with finding frypans of a big enough size. With a Neff induction cooktop a large percentage of the 'hot plate' needs to be covered otherwise the whole area does not function. Even my largest frypan does not cover enough of the biggest hot plate so only activates the smaller inner circle. This means that food near the edge of the frypan does not cook. Has anyone bought a good large frypan?

 

 
 

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kls's opinion:

  • Member since: 29 Mar 14
  • 1 Comments
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User Profile

8 MONTHS AGO | I have had trouble with fry pans/ skillets. If I use a high heat the base will warp so it bows upwards, then they are useless as the heat does not distribute evenly. Both times they were expensive and supposed to be good for induction. The sales team say they should only be used on medium heat, my view is its a frypan so it should cope with high temperatures.

 

 
 

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Wietse's opinion:

  • Member since: 15 Nov 13
  • 2 Comments
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User Profile

9 MONTHS AGO | Hello,
My question is: as there are many brands of induction cooktops and prices vary greatly.
How would I know the quality of the brand? Is the price the only indication of a good unit or are there other indications.
Looking forward to your response
Regards W van der Kooi
email: wietse@ozemail.com.au

 

 
 

Reply to Wietse

 
 
 
 

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Ernie's opinion:

  • Member since: 30 Jul 07
  • 9 Comments
  • 0 Replies
 
User Profile

8 MONTHS AGO | Hi,
good quality stainless steel is non-magnetic, so testing it with a magnet is useless.
St/St cookware suitable for induction cooking has steel embedded in its base, the same as some copper items.
I have used induction cooking for years: it is the best!
Regards, Ernst

 

 
 

Reply to Ernie

 
 
 
 

Report Ernie post

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fitzy1928's opinion:

  • Member since: 01 Oct 10
  • 16 Comments
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User Profile

8 MONTHS AGO | i have bought some induction cook ware my problem is the good brands are not only expensive BUT VERY HEAVY to lift as you get older (over 60) it gets darn hard, but i have a portable 2 plate hotplate for camping i just love it,
it is so much quicker to cook with than the ceramic top which i also have

 

 
 

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Mel's opinion:

  • Member since: 12 Oct 12
  • 1 Comments
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User Profile

8 MONTHS AGO | We've had trouble with finding frypans of a big enough size. With a Neff induction cooktop a large percentage of the 'hot plate' needs to be covered otherwise the whole area does not function. Even my largest frypan does not cover enough of the biggest hot plate so only activates the smaller inner circle. This means that food near the edge of the frypan does not cook. Has anyone bought a good large frypan?

 

 
 

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kls's opinion:

  • Member since: 29 Mar 14
  • 1 Comments
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User Profile

8 MONTHS AGO | I have had trouble with fry pans/ skillets. If I use a high heat the base will warp so it bows upwards, then they are useless as the heat does not distribute evenly. Both times they were expensive and supposed to be good for induction. The sales team say they should only be used on medium heat, my view is its a frypan so it should cope with high temperatures.

 

 
 

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Wietse's opinion:

  • Member since: 15 Nov 13
  • 2 Comments
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User Profile

9 MONTHS AGO | Hello,
My question is: as there are many brands of induction cooktops and prices vary greatly.
How would I know the quality of the brand? Is the price the only indication of a good unit or are there other indications.
Looking forward to your response
Regards W van der Kooi
email: wietse@ozemail.com.au

 

 
 

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