Savings Account News

NAB allows customers to restrict gambling transactions

A new feature in NAB's app allows customers to put limits on their gambling expenses.

By William Jolly ● February 21, 2020

Unemployment is now 5.3%, heightening chance of RBA rate cut

Unemployment data for January released by the ABS today is up 0.2% to 5.3%.

By Harrison Astbury ● February 20, 2020

"People badly want a different kind of bank": Xinja hits $200m in deposits

Neobank Xinja's new 2.25% p.a. Stash savings account has had more than $200 million in deposits in less than a month.

By Emma Duffy ● February 20, 2020

40% of Australians experiencing financial stress

Research from NAB has found 40% of Australians have experienced some form of financial stress or hardship in the past three months.

By William Jolly ● February 19, 2020

Up deposit balances surge 414%

One of Australia's newest challenger banks Up has posted some very strong half-year results, with new customers flocking to its digital products.

By William Jolly ● February 17, 2020

Westpac further reduces savings account interest rates

Westpac is the latest of the big four banks to cut interest rates on its savings accounts.

By Emma Duffy ● February 13, 2020

Ok Beemer: Young Aussies splitting the bill this Valentine's Day

New data from Beem It suggests younger Aussie couples are going 50:50 on bills this Valentine's Day.

By William Jolly ● February 13, 2020

Fewer Australians spending money this Valentine's Day

Fewer Australian couples are celebrating Valentine's day in 2020 compared to years gone by, according to new research.

By William Jolly ● February 10, 2020

86 400 allows multiple savings accounts

Neobank 86 400 has released a new feature, allowing customers to create multiple accounts without sacrificing their interest earnings.

By William Jolly ● February 03, 2020

Big four bank customers flocking to Xinja

Neobank Xinja said its new 2.25% p.a. Stash savings account is a 'true alternative' to the big four, and more than $30 million has flowed through in its first week.

By Harrison Astbury ● January 23, 2020

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