Sunday, September 14, 2008

Maximising Your Savings Potential

To earn good money by judicious investment of your financial resources is possible in Australia and many institutions like St.George and RaboPlus have come forward to realise your dreams.

If you are looking for a good all-round savings account, then an excellent choice for you would be to go for the St.George Directsaver scheme. So don’t wait and sign up for it today and avail the rewarding offer of earning a high 8.10% per annum interest rate. You can avail the high variable bonus rate of interest by applying to the bank’s conditions and it would be applicable to your full balance that you keep with the establishment. You have the additional benefit of having to pay no fees and thus maximise your financial returns on your savings. So that your account gets properly updated, St.George promises you instant funds transfer facilities with your account and the interest is credited monthly and calculated daily. So the bottom line remains that go for St.George Directsaver at the earliest and you also get 24X7 unlimited toll-free phone banking service in addition to e-banking facilities via internet.

However, if you choose to invest in RaboPlus Savings Accounts, for a minimum deposit of as low as $1000, you can choose from a wide range of advantageous terms and rates with the high at up to 8.25%. Moreover, RaboPlus assures maximum online security and with their collaboration with BankWest Telenet Saver, you can get 24X7 online banking service. And if it is not personal finances you are looking for then also you can avail the same high rates for your businesses, DIY super funds and trusts.

Saving the Australian Way

In order to give an edge to your Australian investment and get advantageous returns on your savings, there are few establishments that offer such lucrative offers such as the world leader in finance, HSBC.

If you opt for the HSBC Online Savings Account scheme, your need to carry hard cash around with you becomes unnecessary with this HSBC banking product giving you free unlimited ATM transaction access besides combining all your products. The greatest benefit of this scheme is perhaps that you would not have to pay any charges to the bank on a monthly basis for keeping your accounts even as you enjoy a generous daily interest rate of 5.10% per annum. And the good news does not stop at that your HSBC ATM transactions are free and unlimited, you also get five such free transactions with any bank’s ATM in Australia every month. The Gold winner of Money Magazine's Best of the Best Award - Best e-Transaction Account (Bank) for the successive second year, HSBC's Online Savings Account answers your day-to-day banking needs ideally.

However, you can also link your current bank account by HSBC Serious Saver scheme where internet banking can be done 24X7 and you get a monthly interest rate of 7.50% p.a. by not withdrawing your savings. Your advantage in this investment plan is that you need not keep any minimum opening or ongoing balance nor pay any monthly charges to keep accounts. The scheme’s recommendation also comes from the Money Magazine who awarded it the Bronze for 2008 Best of the Best Award - Best Online Savings Account (Bank).

There are many deals to be had when opening an Australian savings accounts, it's just matter of searching Google and comparing the current offers.