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Banks -Highest Interest


SBREW

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I wonder if anyone can give any advice on the best bank account for Melbourne area, where it is easy to access and also easy to apply and highest interest rate for investing the money from the home sale. Any Advice would be really helpful

 

Thanks

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Hi

Have a look at www.ratecity.com.au ,you can do all the comparisons for banks, car insurance, house insurance etc.

Regards

Mike

 

Ps. Make sure you get an Australian Tax Number to give to the bank or else you'll be slugged at a high tax level.

 

 

Thanks so much for the advice, I had no idea bout the tax number, thats all really helpful.

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Guest Pinhead

If you go with one of the large banks (CBA,ANZ,NAB) you can enquire with them regarding deposit rates for large amounts which in some cases change daily.

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