DavidMcAfee » user profile
Xinja bank are offering 2.25% p.a. with their stash account now with no minimum deposits or card purchases. https://xinja.com.au/products/...
The ASX RBA rate indicator (market expectations) suggests around 50-50 chance of an RBA cut in February....
DavidMcAfee posted a forum topic Volt Bank Offering 2.15% P.a. Savings Account with No Catches
Volt Bank are offering a 2.15% p.a. (Variable rate) savings account. There are no monthly minimum deposits or card purchases that need to...
The only other bank that may still beat UBank is Bank of Queensland. They are currently 2.50% p.a. for their Fast Track Saver after the...
DavidMcAfee replied to AdamFury on ING Drops Savings Maximiser Rate from 2.55% to 2.30% tomorrow (9/7/2019)
UBank just dropped to 2.41.
DavidMcAfee posted a forum topic UBank Ultra Interest Rate Dropped from 2.60% to 2.41%
UBank have officially reduced the interest rate on their Ultra account by 19 basis points from 2.60% p.a. to 2.41% p.a following an RBA...
On the bright side, the market seems to think it is unlikely there will be another rate cut until November so it won’t move too much more...
I think most banks will follow with 20-25 bps reductions over the next three weeks.
DavidMcAfee replied to Scalebearer on UBank Savings / Transaction Account interest rate gone down by 0.27%
Completely agree - BOQ have good interest rates but their online tech is terrible.
UBank have now dropped from 2.87% to 2.6% as of today.
UBank have dropped to 2.6 now effective today (June 27th 2019).
Agreed - especially if CPI inflation moves up towards 2%.
UBank will likely cut soon.
With a market expectation of one or two more RBA rate cuts this year, the Savings Maximiser rate could reach 2.3% or 2.05% before the end...
Now that ME Bank and ING have dropped it will only be a matter of days (or at most weeks) before UBank’s Ultra drops by 25 basis points.
DavidMcAfee commented on [iOS] Add ING to Apple Pay & Use It 5 Times to Receive $0/ $5/ $10 into Your Bank Account
I received this email for the month of March. Use Apple Pay 5 times before March 31 2019 and receive $5. Did not get offered this in...
DavidMcAfee joined OzBargain.