Bank Australia

no politics

Anyone have any experience with them? How do they compare to the 'normal' banks?

Edit: I'm also curious about UP bank if anyone has an opinion on them.

Posted Apr 22, 2019, 6:39 AM UTC

37
There_is_no_ham•

I have a lot of cash on deposit with them. They claim to not have stolen it yet but i haven't asked for it back so who knows?

5
andraikaOP•

So business as usual?

1
Cole_Dammett•

Been using UP Bank for about 3 months now - loving it! Fee free, high interest, market leading app, constant development!

2
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1
cha-rity•

I am their current customer. They are okay - but I will be swapping them for ING shortly.

1
andraikaOP•

Can I ask why?

2
cha-rity•

They f us over with a mortgage application when we applied - long story short - didn’t confirm all the information with us prior submitting the mortgage application on our behalf which resulted in refusal of mortgage for us (even in a situation of us having over 50% deposit)... which had negative effect on our credit history + unable to get a mortgage with them.

Otherwise as a bank for just bank accounts they are totally fine. But ING has better conditions & terms for us personally.

4