I was switching to that Up Bank (by Bendigo), but they straight refuse to let me fund my crypto account, so that’s out because I just want basic control of my own money.
I also have a Bank Australia account, but, while they like to pat themselves on the back about sustainability, their service and product is crap, imo.
So what else you got?
Edit: Just realised I should probably have posted this to AusFinance, but ah well!
No idea about crypto, but Great Southern Bank is excellent.
They are a “customer owned” bank - so all profits the bank generates from the money you deposit, fees you pay (there aren’t many fees) are returned to you, as both a customer and partial owner of the bank.
I think a lot of the ‘customer owned’ banks are usually good, they can be regional based as well. IE for Newcastle area Greater Bank and Newcastle Permanent Buildng Society both have lots of branches and good customer support for local. I used to like StGeorge until Westpac took them over, went downhill after that
Good suggestion, credit unions are the way to go.
Cool, never heard of them, will check em out, thanks!
They used to be known as Credit Union Australia.
yeah i guess that’s the basic idea of a credit union
Is it one of those situations where they’ve got so much bad press as CUA, that now they operate under a different name?
Forbes ranked them as one of the best banks in the world before the name change. They’re definitely the best I’ve ever had any experience with and I’m confident they’re the best in Australia.
The rebrand was just because too many people in Australia don’t know what a Credit Union is. It’s still a credit union, they just don’t call it that in the name anymore.
According to this article it was because they were losing too many potential customers to banks. Their market research suggested over half of Australians didn’t even know what a credit union was and that number was even higher among young people.
Haha, oh god, that’s almost worse!
Looking very good actually, thanks!