Smarter Banking - Make the most of your money
Australian Bankers' Association

Important Notice

This booklet gives information of a general nature and is not intended to be relied on by readers as advice in any particular matter.

You should consider consulting a financial adviser regarding how this information may apply to your own circumstances.

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INTRODUCTION

A girl drinking a cup of coffee.

GET SMART ABOUT EVERYDAY BANKING & SAVING

Money and banking are a part of everyday life.

Banks offer all sorts of financial products and services to suit a wide range of customers – from accounts for everyday use, to loans to enable you to buy a house or car, to lines of credit and more complex products.

While many people may not require some of the more sophisticated products on offer, almost everyone needs an account for everyday banking and saving – an account you can make deposits into, withdraw cash from, and use to pay bills.

The choice of an everyday account can be confusing. Banks have developed a range of everyday accounts with varying features and costs to suit different customer needs. It’s important to choose the account that’s right for you, and then to get the most out of it.

This booklet is packed with practical tips to help you choose a bank account that suits your needs, and use it efficiently. It contains information on how to keep bank fees as low as possible and explains how you can use electronic banking to save time and money.

Finally, there are some strategies to help you increase your savings, and plan for your financial future.

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