Banking & Money Tips articles

How much do you pay for your garage card?
We look at the garage card offerings from Absa, Nedbank, Standard Bank, and First National Bank (FNB), and consider what clients get for their fees.

How to keep your banking details safe online
Online shopping has increased in popularity and, in many households, it’s become the norm. Gone are the days of transport costs and spending time in queues.

Young professional? Here is the best bank for you
If you’re under 35, have a four-year degree, and you’re looking to take your banking experience to the next level, you may be considering young professional banking products.

Is it worth increasing debit order payments?
If you pay your creditors by debit order, the default will be set to the minimum amount that you have due each month. However, what if you wanted to pay more?

How to reduce the cost of receiving international payments
When you receive money from abroad, you may be aware of the hefty fee attached to this kind of transaction. You may also wonder why you should be liable for this fee.

The dangers of leaving your savings in a transactional account
Transactional accounts are designed to receive money, which then gets transferred to other accounts, such as your savings. However, what happens when you leave money in your transactional account?

Rewards programmes are going mobile – how does this affect you?
Rewards programmes are going mobile – how does this affect you?

You can’t cash cheques anymore in South Africa – we find out why
In November 2020, the South African Reserve Bank (SARB) announced that cheques would be discontinued from 1 January 2021. But what guided this decision? We have a look at what the pitfalls have been of using cheques, and the consequences of remo...

How to budget for charity and balance it with your savings
Charity is not a compulsory expense and thus it is usually excluded from budgets. However, if you donate money on the spur of the moment, it could throw your budget off course. We look at how you can budget for goodwill, and how you can give whe...

How safe is it to “tap” your bank card when you make payments?
Everyone is avoiding physical contact nowadays, which means that cards that can be “tapped” – or be used simply by hovering around card machines – have become popular. But how safe is it to tap your card rather than t...

Make rewards programmes work for you
Many retailers and financial service providers have introduced rewards programmes, or loyalty programmes, to retain their customers and make them feel appreciated. These programmes can help you save money, but you have to know how to make them w...

Did you know there are alternatives to traditional budgeting?
In order to set up a budget, you need to channel your inner high school maths teacher and fill out your budget correctly. But this is clearly outside of many people’s comfort zones and, as a result, they avoid budgeting.

