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Exactly, the way ING pays its interest is the reason this trick works. It can actually by done with just two accounts on a 2 month cycle…

This explains it better than i ever could... https://www.ozbargain.com.au/node/916378 You can also sort out INGs 5x transactions by having…

Yeah i understand the strategy of running a float account. Both Dad and i have done that for ages to diversify funds in case one bank…

But that balance needs to be $200 more at the end of the month than at the start right? If so That's a problem for my retiree parents on…

Is there any way to effectively get around Rabo's growth requirement (like with ING)? I was under the impression there's no way thus why I…

Yeah, but how many people have over $100k in savings especially outside of an offset account? And no one in their right mind would keep…

I actually am surprised by the number of peeps who went to Macquarie and not ME Bank for 4.6% up to $100k. Surely the $2k deposit…

Yes, authenticator can work offline.... but the banking app can't ;-)

That's assuming one will always get the sms which is not the case. Some countries can be problematic.

Sounds like discrimination against the elderly to me lol

Yeah, it depends on how much one is transferring. For your sum, yeah, I'd call. In my Dad's case, it's below $80k so less than a handful of…

Ah i see. Thanks for explaining. Yeah splitting it up sounds like the way to go.

I take it you start by having all your funds in one savings account first and when you need to take money out, you shuffle the funds you…

This. Dad has been shuffling funds out $20k at a time with the rest going out before the end of the month. He'll get his interest out come…

Don't forget to go back for the interest on Wednesday.

I use to avoid ING as I didn't like the hoops but it's really not that hard once you know the tricks. Look up the flip flop technique for…

That could have been me!

Hard to say. Certain operators give fee free ATM transactions to either MC or VISA network. So in one country, you may find yourself…

Sounds like you value temporary virtual cards in both MC and VISA. Your setup would be best for that. But it wouldn't work great for my…

It's possible to get the card for free if you use the right referral code. I've seen a few on reddit. But (and I will use Wise as the…

Exactly this. For the average joe who doesn't want to convert currency in advance or have no need to transfer funds to an overseas account,…

This is the first sentence I've seen in a long time with the words 'bigger' and 'black' that's actually clean.

OP, if the Bendigo Ready credit card is a no go for you, then you'll need to look at your paid options that cover car rentals. The…

The good news is that when we get old enough, we'll have a lot of free time during each day to play. Reflexes might not be so good then…

Thanks for the advice... I've looked into Japan a fair bit but not Vietnam. That's good info to know. Should be easy to remember TP and VP…

7bank ATMs at the Japanese 711 are fee free for MC between 7am and 7pm. Though someone here who was in Japan in the past 2 months said it's…

Cheers mate. Sounds similar to what the Bendigo Bank app does for verification once you've logged in and have set up biometrics to verify…

I must have read everything in your opening post other than the first sentence - lol Macquarie is good... I use it, my parents use it, and…

I think we're going to see this become the norm. Until the banks can figure out a better process to verify a transaction to a new payee as…

I am curious to know what mechanisms Up has in place for verification that would usually require an SMS OTP when that SMS is not received?…