Although the cash rate is only 2%, credit card interest rates remain stubbornly high. Are we being ripped-off or is it reasonable?
Banking
Money looks at Teachers Mutual Bank's new kid's account and compares it to the competition.
Despite the RBA cutting the cash rate to a record low of 2% in May, credit card interest rates have hardly moved so why not switch to a low-fee credit card.
Official interest rates have come down so are you paying too much for your banking?
While most credit cardholders have gripes about their card, most have kept it for at least five years. It's easy to move to a better deal, writes Effie Zahos.
We all know that queuing up at the bank can be painful. But what if the teller offered you a cappuccino, a comfy chair and a spin on the jukebox?
Beyond Bank is targeting young car buyers with a car loan and offset account to help cut down interest costs.
The big four banks certainly brought home the bacon this year, announcing record profits for the financial year ending 2011 to the tune of $23.28 billion.
Hold on to bank statements, because a landmark court case could force banks to pay back all those pesky and excessive "penalty fees".
The short answer is "no"; the long answer is "sometimes", yes, you will have to pay EFTPOS fees.
