Savings Guide Australia

Here at Savings Guide, we encourage people to submit their own money saving tips. Especially juicy tips like this direct from an employee of a major Australian bank!
The person who submitted this tip wishes to remain anonymous. We thought it was a very enlightening read and definitely worth sharing.
Here it is:
Dear Savings Guide,
I work for a large [...]

Credit card stoozing is a term given to a simple process by which you can make money from credit cards and high interest bank accounts, all that is required is a bit of time, effort and an understanding of your rights and responsibilities as a credit card holder.
So what is credit card stoozing?
Credit card stoozing [...]

Recently I found a fantastic little presentation on spotting card skimming devices on ATM’s around Australia.
Card skimming devices are used by criminals wanting to capture your cards swipe details and password in the attempt to recreate your card and withdraw your money at a later stage.
I have to say, it blew me away at how [...]

I find this question rather a pertinent one. I’m a girl. I’m also rather rotten with credit cards. For that reason, a light went on in my head when I finally learned what I like to think of as The Pain Theory.

As someone who has experienced ups and downs with credit cards over the years, I have recently started to reflect on some of the things I wish I had of known when I first started using them. If only someone had told me about these things, I think I would have avoided a mountain of debt [...]

At one point I was in quite serious credit card debt, I had multiple cards and found myself struggling to make all the repayments. If you do not pay over the minimum amount due, your credit card debt will just never end. It was at this point that I realised I would need to consolidate [...]