Boy Kuripot tip of the day: Bank accounts / Credit card

Boy Kuripot tip of the day: Bank accounts / Credit card

* Don't pay monthly fees on bank accounts

- most banks waive their monthly fees if you deposit 1k to 2k monthly.

- It doesn't say you are not allowed to spend the money that you deposit. You can spend the money next day.

- don't worry if you don't have monthly income to deposit or does not have 1k-2k to deposit. You can recycle your 2k.  Deposit 2k for the month and withdraw the money before the end of the month and use it as a depositfor next month and repeat.

* Open kids savings accounts. It has higher interest rate than online savings account.
http://yzzymae.blogspot.com.au/2014/08/highest-kids-savings-interest-bankwest.html

* Get credit card with NO annual fee
http://yzzymae.blogspot.com.au/2014/08/i-tried-coles-credit-card-and-bankwest.html