Banking & Money Tips articles
Concealing your cash when out and about
It’s not unusual to see someone pull out money from their sock or undergarments. But this is not the best place to keep your money safe. We consider options for ensuring your personal safety.
Pitfalls of keeping savings in a bank account
We often believe that transferring a portion of our income to a separate savings account is the most effective way to grow our wealth. However, there are pitfalls to doing this.
How criminals can hack into your bank account
Internet-based fraud is constantly on the rise. We take an in-depth look at email and SMS scams, and SIM swaps.
When to give your family access to your credit card
If you are the main breadwinner in your household, you may find it beneficial to give your family members access to your credit card. This will allow them to make purchases on their own. However, this also comes with risks.
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...