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Any suggestions which banks are the least shit? (aussie.zone)
submitted 1 year ago* (last edited 1 year ago) by DolphinLundgrin@aussie.zone to c/australia@aussie.zone
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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!

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[-] mupAus@aussie.zone 2 points 1 year ago

We've previously had a mortgage with Bank Australia and they were probably one of the worst in terms of the high interest rates they charged.

Everything came to a head recently when we tried to borrow some additional funds to purchase a new house. We'd signed a contract subject to 14 days finance and once we called Bank Australia they told us it would be 5 - 6 weeks before they could approve anything and would not even be able to start looking at anything for over a week.

Called our broker who got on to Macquarie and they had a valuer out at the property at 9am the next morning to start the approvals process.

Would never, ever use or recommend Bank Aus to anyone.

this post was submitted on 07 Aug 2023
41 points (97.7% liked)

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