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Just curious as to what banks people are with? I am currently with the Commonwealth Bank of Australia.
Which Bank?
- Thread starter Jesse Livermore
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Commonwealth Bank. No problems with them but I keep any significant amounts of cash with ING since Commonwealth isn't so keen on paying interest. 
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I use commonwealth mainly because of their customer service; we have a bloke we deal with all the time and he is extremely helpful to say the least. I dont know how you get one but it sure beats queing up to talk to someone. I think his title is "relationship executive".
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NAB purely because that's who my folks banked with.
I put most of my money into esanda (ANZ) online saver - 24 access, no fees and 5.55% interset
I put most of my money into esanda (ANZ) online saver - 24 access, no fees and 5.55% interset
Julia
In Memoriam
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ANZ: Have been with them first in NZ and then in the 13 years living in Australia. Have all my accounts with them because:
I get personal service
They have never made a mistake
I can link all my accounts including E-trade.
That said, other than a small $25,000 term deposit, I don't use them for fixed interest investments because their rates are just not competitive.
Julia
I get personal service
They have never made a mistake
I can link all my accounts including E-trade.
That said, other than a small $25,000 term deposit, I don't use them for fixed interest investments because their rates are just not competitive.
Julia
clowboy or any bankwest users,
what's the service like with bankwest? it was between bankwest and anz that i had to choose my lender with and i picked anz cos bankwest hasn't got a branch in the top end. and i read from AFR few months ago that bankwest is trying to compete with the big banks and so making bankwest products more competitive. your opinions appreciated.
what's the service like with bankwest? it was between bankwest and anz that i had to choose my lender with and i picked anz cos bankwest hasn't got a branch in the top end. and i read from AFR few months ago that bankwest is trying to compete with the big banks and so making bankwest products more competitive. your opinions appreciated.
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Which Bank what??? Is the best? Do you use???
I have my loans from AMP Bank (not on the list) but do my everyday banking with St George.
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Well they have no problem paying me interest and they have also recently changed their rules in regards to the interest accounts.... I closed my ING ones down as a result. CBA was paying just as much (at one stage more) and I could access the money instantly, unlike ING.Commonwealth Bank. No problems with them but I keep any significant amounts of cash with ING since Commonwealth isn't so keen on paying interest.
lol, especially if you had shares in Bendigo bank before the deal between the two.
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ANZ and ING
ING is great, I dump all my GST/Tax money for the business in ING and earn 5.9%, which look like it will be 6.15% next month and...
NO FEES
ING is great, I dump all my GST/Tax money for the business in ING and earn 5.9%, which look like it will be 6.15% next month and...
NO FEES I find the customer service at Commonwealth to be really good... there down side is the phone operators... they take to long to answer....
I strongly recommend ING for their saving maximizer accounts... I don't have one myself however if you want to basically have no bank fees and have compounded interest just open a Direct investment account at Commonwealth bank (you don't pay the $5 monthly fee) and open a savings maximser together because you need an existing bank account... and dump your money there... sweet
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Hi Mintman, are you referring to CBA's Netbank saver? That's at 6%pa, almost 2% more than a standard account.
Personally, I have no interest in internet banking and don't care for their added incentitive to get more interest through a medium (the internet) that I don't trust at all when it comes to security.
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Compounded daily, well that's certainly got my attention!
How reputable are they? I mean are they as safe as one of the 'four pilars'?
How reputable are they? I mean are they as safe as one of the 'four pilars'?
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I've done my everyday banking with ANZ since I was a kid.
A few months ago we had some cheques coming into the account and getting ANZ to clear the funds, even a portion of them, was like getting blood from a stone. Even thought they were bank cheques and a special clearance fee was paid, it took days to get access to the funds. The last straw was when I attempted to withdraw a few grand from my account just before Christmas... the teller couldn't give me the cash without first calling some control centre, and then they wanted to know what I wanted the cash for, before they would consider allowing me to make the withdrawal. This was my own cleared funds, and no, it wasn't above the reporting limit for cash transactions.
Commonwealth have been great since we switched. Within days of opening the accounts, the manager from the local branch had called me to introduce himself and to offer assistance with anything I might need in the future. The staff are all friendly and willing to help.
I was very interested to read this so jumped over to ING Direct's website. Their website says their rate of 6.00% pa is calculated daily and PAID MONTHLY, so unless you're getting a special deal, your account isn't compounding daily...
A few months ago we had some cheques coming into the account and getting ANZ to clear the funds, even a portion of them, was like getting blood from a stone. Even thought they were bank cheques and a special clearance fee was paid, it took days to get access to the funds. The last straw was when I attempted to withdraw a few grand from my account just before Christmas... the teller couldn't give me the cash without first calling some control centre, and then they wanted to know what I wanted the cash for, before they would consider allowing me to make the withdrawal. This was my own cleared funds, and no, it wasn't above the reporting limit for cash transactions.
Commonwealth have been great since we switched. Within days of opening the accounts, the manager from the local branch had called me to introduce himself and to offer assistance with anything I might need in the future. The staff are all friendly and willing to help.
ING compounds daily
I was very interested to read this so jumped over to ING Direct's website. Their website says their rate of 6.00% pa is calculated daily and PAID MONTHLY, so unless you're getting a special deal, your account isn't compounding daily...
