Comments on: Bye Bye Commonwealth Bank http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/ The day and the life of Jeremy Tue, 07 Feb 2012 20:49:11 +0000 http://wordpress.org/?v=2.2.3 By: Sam http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-64 Sam Mon, 05 Dec 2005 11:16:14 +0000 http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-64 God, that sounds so much like an ad. Geez. It's not meant to be. God, that sounds so much like an ad. Geez. It’s not meant to be.

]]> By: Sam http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-63 Sam Mon, 05 Dec 2005 11:14:00 +0000 http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-63 I got a Dollarmite account (Commonwealth) as a kid and had no problems with the bank. The account changed as I got older, and finally I even opened an AwardSaver account which had higher interest rates (but withdrawal penalties). I was happy about all this until my AwardSaver account was closed without any notice or affirmation on my part (it was empty at the time as I had withdrawn my savings for a purchase, but planned to start depositing again soon). I do a lot of online transactions now though, so the NetBank fees thing is probably going to force me over to another bank. Maybe I'll seek out a credit union too. Interesting, as well, are the online earning places around. I've been VERY skeptical but I stumbled across one that works pretty much like a bank except with a 265% interest rate. You invest an amount and receive 1% of it every day you open your browser window to their site. I kinda like it. I'm only trying it with about $10 at the moment, but if it works I'm gonna be pretty happy. I presume the owners/operators invest the money and make huge returns passing on a percentage of the profit. I suppose it's a bit pyramidic as well, as there would be those who abandon their accounts, or don't surf their site every day. Still, I'm interested. I got a Dollarmite account (Commonwealth) as a kid and had no problems with the bank. The account changed as I got older, and finally I even opened an AwardSaver account which had higher interest rates (but withdrawal penalties). I was happy about all this until my AwardSaver account was closed without any notice or affirmation on my part (it was empty at the time as I had withdrawn my savings for a purchase, but planned to start depositing again soon).

I do a lot of online transactions now though, so the NetBank fees thing is probably going to force me over to another bank. Maybe I’ll seek out a credit union too.

Interesting, as well, are the online earning places around. I’ve been VERY skeptical but I stumbled across one that works pretty much like a bank except with a 265% interest rate. You invest an amount and receive 1% of it every day you open your browser window to their site. I kinda like it. I’m only trying it with about $10 at the moment, but if it works I’m gonna be pretty happy.

I presume the owners/operators invest the money and make huge returns passing on a percentage of the profit. I suppose it’s a bit pyramidic as well, as there would be those who abandon their accounts, or don’t surf their site every day. Still, I’m interested.

]]> By: bruce http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-53 bruce Sun, 30 Oct 2005 12:27:25 +0000 http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-53 I have managed to skip fees because they kind of forgot to start adding fees again when I moved my home loan away (a home loan gave you exemption). I will keep my account, but keep very quiet about teh non-fees...shhhhh. Seriously though, I actually started with the State Bank at school. The State Bank managed to convert itslef to a reasonably streamlined operation with excellent account records adn good features...till someone in another currency market division spent all their money and the government forced the Commonweath Bank to rescue it. The replacement Comm Bank accounts were like stepping back into the dark ages. So klunky by comparison. Tooke them nearly 10 years to get back to a comparable state bank level. So I was already pissed off..... Don't blame you. Piss them off. I have managed to skip fees because they kind of forgot to start adding fees again when I moved my home loan away (a home loan gave you exemption). I will keep my account, but keep very quiet about teh non-fees…shhhhh.

Seriously though, I actually started with the State Bank at school. The State Bank managed to convert itslef to a reasonably streamlined operation with excellent account records adn good features…till someone in another currency market division spent all their money and the government forced the Commonweath Bank to rescue it.
The replacement Comm Bank accounts were like stepping back into the dark ages. So klunky by comparison. Tooke them nearly 10 years to get back to a comparable state bank level. So I was already pissed off…..

Don’t blame you. Piss them off.

]]> By: Annelise http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-52 Annelise Sun, 30 Oct 2005 08:45:54 +0000 http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-52 Same here: got sick of Commonwealth and joined Victorian Teachers Credit Union years ago... Same here: got sick of Commonwealth and joined Victorian Teachers Credit Union years ago…

]]> By: leigh http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-51 leigh Sun, 30 Oct 2005 07:55:42 +0000 http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-51 i agree, boycott high fees and giant penalty fees. I also want to ditch commonwealth. they really sucked us in with those dollarmite accounts. i agree, boycott high fees and giant penalty fees. I also want to ditch commonwealth. they really sucked us in with those dollarmite accounts.

]]> By: John Coombes http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-50 John Coombes Sun, 30 Oct 2005 07:09:59 +0000 http://www.jeremy.id.au/2005/10/30/bye-bye-commonwealth-bank/#comment-50 I too am a Commonwealth customer - I have not left them yet but that's just me being lasy I totally agree with Jemey's sentiaments - may be I'll do it one day All the best Jemey - 'scus my spellingggg I too am a Commonwealth customer - I have not left them yet but that’s just me being lasy

I totally agree with Jemey’s sentiaments - may be I’ll do it one day

All the best Jemey - ’scus my spellingggg

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