Suddenly find in middle of the night that I can't use my money to pay for the tank fuel that I just bought because my debit Mastercard had been blocked. I could do nothing about this either as the help desk is active between 8am to 8pm
I find out later it was "due to high risk transaction/s" . . . and this "high risk" transaction was a $12.50 payment to an Australian Govt. approved domain name registrar, who I have used countless times before.
You may be thinking that the bank was just trying to protect my money, which is what my bank tr...Read more

I direct all my bills to this account alone.Why? Because of the $100 safety net if I dont have enough in the account and I'm overdrawn (up to $100 max though) they will honour it and not charge you interest on it. If I'm overdrawn for a lengthy period they will send a letter to inform you. This gives me some breathing room when money is tight. Plus don't worry about the $2000 deposit requirement monthly or fee charged bit. When I'm short that for 1 month they will send a letter first and let you know that next month has to meet the requirement,...Read more

I think that a debit card should be offered by every bank and taken by those who have good cash flow and can control their spending. A credit card has never appealed but with this Mastercard debit card, I get the benefits of a card card in terms of purchasing options without the concern of having to pay off a credit card before incurring a high interest rate.
The ability to use the credit facility to purchase goods online and free EFTPOS transactions at stores but it debits the money from your savings account as opposed to you having to pay of...Read more