Managing your personal finances is an important skill to hone once you’ve entered adulthood. You’d be pinching pennies here and there, drafting budgets and going through all the traditional ways to save money.
Looking to open a new account for your finances? No worries. Let us help you narrow down the right savings account for you with this easy guide.
Are you growing your emergency fund?
It’s pretty rough being unprepared. These days, anything can happen, and being low on cash can spell out the worst inconveniences for your life.
If you’re able to shell out a few bucks, go park your money with the Commonwealth Bank’s NetBank Saver. With this one, you can easily move your cash to your other CommBank account with no fees. There’s also no minimum deposit amount for this online account, so you won’t have to worry about your NetBank Saver staying idle.
Are you saving up for a trip?
Got a vacation lined up? Whether it be out of town or overseas, any trip needs a good amount of money to keep your holiday hassle-free.
Prepare your budget the right way with the Commonwealth Bank’s Goalsaver. This account offers bonus interest as long as you deposit at least $200 each month with no withdrawals. Best of all, you can also enjoy fee-free electronic withdrawals anytime plus 1 free assisted withdrawal each month.
Are you preparing for retirement?
If you have ample cash lying around, the next best initiative is to keep growing that money.
As you edge your way to retirement, it’s great to have an investment with a fixed rate of return like the Commonwealth Bank’s Term Deposits. Get competitive interest rates with flexible terms ranging from 1 month to 5 years. And that’s all for just a minimum deposit of at least $5,000.
See? It’s not that hard. For more details about savings accounts or other money moves, go for the one that’s safe and reliable. Head on over to Commonwealth Bank at shop 173 here at Gladstone Park, one of Melbourne’s shopping centres that has everything in one place.
To learn more about Commonwealth bank, call 9338 9922. You can also ask for assistance calling GPSC via 03 9338 3000 or send a message here.