Business
‘So fast’: This one change saved Aussies $3,000 – Yahoo Finance Australia
Neobanks are challenging the traditional banking scene.
Switching banks sounds tough and time consuming, but now theres a $3,000 reason to do it, new data shows.
In the one year since its launch, customers of Australias first digital bank, 86 400, have saved more than $3,000.
Over 90 per cent of deposits held with the bank earned bonus interest each month, which adds up to around $200 for the year.
Then, the banks Energy Switch service has identified a total of $270,000 in savings across its customer base since it went live in March this year, whi…
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