After uBank removed their ability to allow external direct debits (i.e. your credit card full balance) a while ago, I've been on the hunt for the best savings accounts.
It seems like the best I've found is Great Southern Bank 3.80% - 4.35%
Any there any other savings account that has this useful feature? or alternatively, a transaction account that earns a super solid interest rate.
Yep they do
After uBank removed their ability to allow external direct debit
I do this by using Macquarie savings account. You can schedule to pay off credit cards when the day is due. Macquarie savings rate is 4.5%
Is this what you mean or am I misunderstanding?
That’s not a direct debit.
You are right. I got it wrong. Pretty sure direct debits are also supported.
Yes, direct debits are supported.
Doesn't show which accounts allow external direct debits?
Kanga didn't say it was your good friend.
Bank of Melbourne/St George Incentive Saver does at 4.65%, but you need to grow your savings by $50 a month to get your interest
Most banks do not allow such direct debit on saving accounts for a reason. It seems convenient until a fraudster impersonates you to debit thousands out of your account. People usually don't leave lots of money on transaction account but on saving account.
St George Incentive Account & Macquarie Bank Saver accounts allow Direct Debits.
You can find more info in my post below
I think Macquarie allows it?