Best Bank Account to Hold Cash, Everyday Banking, Future Investing & Super?

Hello, what would be a good bank and account to use for my situation after selling my property recently?

I plan to study at Tafe in Sydney as an older student and use most of the money in the future to buy another home but for now I would like to have it in a high interest account and keep it safe. I might not even bother to buy a home for 6 months or more as I might be too busy studying.

• I'm thinking of Commbank or NAB but I'm open to all options even smaller banks like Bendigo who I used some years ago and they were quite good, I definitely do not want to use ANZ.
  
  
• I want a debit card to use with the same bank for everyday use and online transactions.
  
  
• I would like the bank to have a good online banking interface.
  
  
• I prefer a high interest account so I don't mind putting a large part of it in a term deposit.
  
  
• I also want to use this bank for future property investing.
  
  
• I also want to find a new bank for my super that offers high risk, high interest so maybe I could use them for this too

Any ideas, feedback, recommendations would be much appreciated, thanks in advance.

 

ah no replies that is disappointing, maybe I asked too many questions?

Does anyone know then if there is a comparison website I can compare term accounts, banks, fees etc?

 

Type 'bank comparison' in to Google.

 

Perhaps ING is a consideration?

ING DIRECT - Everyday Banking and Savings

3% interest rate if you deposit $1k/month.
You get a linked account that you can get a debit card attached to.
It has a maximum of $100,000 though.
No fees.
Free ATM withdrawals

Or perhaps ME bank?

3.05% interest rate - you're required to make 1x tap n go payment per month using their transaction debit card
It has a maximum of $250,000.
No fees, no regular deposit.
Free ATM withdrawals

Just 2 of many many options..

 

I used ING a few years back when I sold a PPOR. Was flexible and easy to use.

 

I do not like giving large banks my money so they can charge me for related things, so go a credit union, or small banks, or at least fee free with no conditions or costs to use my money.

 

I appreciate the ideas so far, thanks a lot. ING and ME bank sounds good. Although my income might be limited at the start as i study but I will work as well once find a job when I move to Sydney and have an online business in development.

 

Try this Canstar - Compare Interest Rates, Home Loans, Credit Cards & more

 

If you want a cool way to get no fee account, open up a Commsec trading account
use the commsec banking account as your every banking debit, they dont have
any fee whatsoever and give you a free debit card.

There no need for you to buy any shares, opening an account is also free and you get awesome commbank online facility

They make money through your trade commission that why they dont charge anything on these accounts but there is no requirement for you to buy or sell shares.

 

l second ING direct. Recently opened up an account and so far so good.

 

TICK

TICK ( I want to start investing in shares too so this might be a good place to start)

thanks,opened both these accounts and they do look good from my research

Now I just need to find a high risk, aggressive super account with low fees that I can see some dramatic results in 10 years.

What would you use for super if you wanted to get maximum profits in 10 years for a quite low amount to start but expected to increase a fair bit with contributions over the coming years?

 

Banking + super ? Mutually exclsuive IMO.
Name a bank that is a superannuation fund. Not a single one !!

 

What is a high interest savings account these days ??
IMO the OP would be better off with a good broker than a good bank...Future loan is the main game

 

No simple answer, each person has different outlook, risk/reward and capital management
high risk and agressive doesnt neccessary deliver you the high return, it may do the opposite and you lose a lot of money.

all come down to your management of risk and how you invest your capital.

I am invest in smaller end of the market, small and micap and that can classied as high risk
but I have very strict rules and discipline in place how I deploy my capital and how I minimise loss, to date the return has been very good for the last 10 years, and I intend to keep on doing it and applied the same discipline I put in place weather I have 10K or 10mil