An article by GenX published
at Melbourne Victoria Australia www.melbournevicaustralia.blogspot.com
Please do not reprint or republish in part or in any form.
INTRODUCTION
Previously in my article titled FREE Visa and MasterCard Debit Cards From Australia Banks, I mentioned that I have
Everyday Transaction Accounts with NAB, Commonwealth Bank, Citibank and
HSBC Australia. All these said accounts come with FREE Visa or
MasterCard Debit cards. However, all these accounts do not earn me a
cent in interest for balances sitting in the account. Worst still, my
Commonwealth Complete Access Account, an Everyday Transaction Account,
charges me a monthly fee if I do not deposit AUD 2000 monthly into it.
NAB, Citibank and HSBC Everyday Transaction Accounts are truly FREE FOR
LIFE as there are no monthly fees forever (unless they change their
policy) and you do not need to deposit a cent into it after you open the
account.
Therefore, in order to earn interest from my money deposited with Citibank Australia, Commonwealth Bank, HSBC Australia and NAB, I have their Online Savings Accounts and transfer my funds into my Everyday Transactions Accounts when required. However, if you do not wish to open an Online Savings Account but want you money sitting in your Everyday Transaction Account to earn you some pocket money, I got good news for you.
Therefore, in order to earn interest from my money deposited with Citibank Australia, Commonwealth Bank, HSBC Australia and NAB, I have their Online Savings Accounts and transfer my funds into my Everyday Transactions Accounts when required. However, if you do not wish to open an Online Savings Account but want you money sitting in your Everyday Transaction Account to earn you some pocket money, I got good news for you.
EARN MORE FROM AUSTRALIA SAVINGS ACCOUNTS AND BANKWEST HERO EVERYDAY TRANSACTION ACCOUNT
Now, today I will share with you three tips on Australia Banks Savings Accounts:
1. COMMONWEALTH BANK COMPLETE ACCESS ACCOUNT - Monthly Fee waived with AUD2000 Deposit.
Like I mentioned earlier, I will be charged a monthly fee should I fail to deposit Aussie 2K into my Commonwealth Complete Access for a particular month. And I also said I have their Online Account called NetBank. So, the easiest way to avoid paying the Complete Access monthly fee without depositing any new funds into Commonwealth Bank is to transfer money between your Complete Access and NetBank accounts. For example, you have AUD100 in your Complete Access and AUD 800 in your NetBank Account. So in order to meet the AUD2K deposit requirement:
