|Provider||Account Name||Maximum Rate||Standard Rate||Bonus Rate||Account Fees||Minimum Balance|
Account Fees$5 a month
Free if customer deposits at least $2,000 per calendar month - eg their salary
A full-service account offering unlimited^ branch, cheque and electronic transactions, plus the benefits of a Visa Debit Card for 24/7† access to your money anywhere in the world for a low, flat monthly account service fee (does not apply in any month where a customer deposits at least $2,000 by the last business day of the month~ eg their salary or has their St.George home loan repayment automatically deducted from this account)
St.George Complete Freedom Account Features :
Monthly account service fee does not apply when a customer:
Choosing a transaction account can be a little tricky because they can vary quite considerably in what they offer. The St.George Complete Freedom account has many features itself that can be tailored to suit you.
Before you choose an account, you should be aware of whether you do a lot of online shopping, some accounts only allow a limited number of online transactions, and then start charging for them.
The big advantage with the account is you get unlimited internet banking transactions as part of the monthly fee, making this account particularly suitable for those who do a lot of online shopping.
In fact if you value a good online banking experience, then this account is very suitable. St.George offers a very straightforward online banking experience that is easy to understand and very easy to use. The service even allows customers to set up SMS notifications which can help you stay on top of your finances. There are apps for the iPhone so you can manage your cash on the go.
The account allows you to consolidate all you’re banking into a single account, so you do not need to have a separate account for your income to be deposited and another which you use to pay bills and still another from which you issue cheques and link your credit card too. You can combine all these functions into a single transaction account because the account offers phone and internet banking facilities making life a whole lot easier.
If you need a debit card, the account comes with a Visa card that can be linked to your transaction account.
If you have your income deposited into your St.George Complete Freedom account, it is highly likely the bank will waive the monthly service fee so long as you meet the monthly minimum balance criteria. The fee is also waived for holders of a mortgage issued by St.George that use their transaction account to make their monthly payments
The St.George Complete Freedom account offers flexibility, peace of mind and management.
Over $200 million has been stolen from Australian financial institutions by employees over the last 13 years with most thefts the result of gambling addictions.
123 people have been caught for such offences and since January 2000 there were 120 cases of fraud nationally according to the Employee Fraud in Australian Financial Institutions. There were 69 cases of fraud involving Australia’s big four banks. Continue reading
The number of home loans that received approval rose in September in response to low interest rates. According to the Australian Bureau of Statistics the number of owner occupied mortgages that were approved increased by 4.4 per cent which is well ahead of analyst expectations of 3.5 per cent.
The rise in home loan approvals comes a month after the Australian central bank eased interest rates to a record low of 2.5 per cent. Continue reading
Australians seem to be a forgetful lot, aside from the fact that there is an estimated $16.8 billion sitting in lost superannuation, but apparently there is a further $832 million in foreign currency just sitting in drawers and $1.2 billion in unclaimed cash.
The Australian Securities and Investments Commission (ASIC), says at the end of May there was a further $417 million of unclaimed cash which comes from life insurance policies, shares and old bank accounts that are dormant. Continue reading