Move Life July 2024 - Issue 35

At MOVE Bank, we understand that the desire to explore new destinations and experience different cultures is a universal dream. Traveling allows us to break away from the routine, create lasting memories, and broaden our perspectives. However, turning those travel dreams into reality requires careful planning and smart financial decisions. In this article, we will explore how you can save money for your next adventure and why investing in travel insurance is a crucial aspect of your travel plans.

We sat down with our member service team to discuss some of the most common questions they receive from members. They have put together the following tasks that members can conveniently do online,

In today's digital age, the importance of securing our online accounts cannot be overstated. Cyber threats are becoming increasingly sophisticated, and traditional password-based security measures are no longer sufficient. This is where two-factor authentication (2FA) comes into play, providing an essential additional layer of security. Two-factor authentication is crucial for several reasons, including enhanced protection against unauthorised access, mitigation of phishing attacks, and compliance with regulatory standards.

The MOVE Bank Low Rate Credit Card has been named as highly commended in the Best Low Rate Credit Card category of the Finder Credit Card Awards 2024.

With tax time on the agenda, it is a perfect opportunity to reevaluate your financial position and put in place necessary changes to your spending and/or saving habits to ensure you are staying on course to reach your financial goals. To help get you get started, we have put together the following practical tips for you to consider.

We're delighted to welcome Craig Nichols as our new CRO!MOVE Bank is excited to announce that Craig has joined our team as our new Chief Risk Officer and Company Secretary. Craig joins us from Great

Thank you for being a valued member of MOVE Bank. Here’s to a prosperous and fulfilling new financial year.

Small Switch, Big Impact We recently invited members still receiving paper statements to make the switch to eStatements and we’re thrilled with the response! As part of our ‘Opt In and Branch Out’

At MOVE Bank, we're committed to providing our members with competitive rates when it comes to our range of savings and loan products.

The Reserve Bank has recently announced a 0.25% reduction in the official cash rate.  MOVE Bank is pleased to announce that, from 1 June 2025, we will be passing on the full 0.25% reduction to our existing members with Variable Rate Home Loans.  We are committed to supporting our members and providing competitive rates to help you achieve your home ownership goals and we'll continue to review our rates for new lending. If you are interested in discussing your current home loan or interested in how MOVE Bank can support you as a new member, we encourage you to connect with one of our ​specialist lenders.

At MOVE Bank, we're committed to providing our members with competitive rates when it comes to both our deposit and loan products.We have updated the interest rates across several of our Term Deposits

In a significant move to assist first home buyers, the Queensland Government has passed legislation eliminating stamp duty for those purchasing new builds, effective from 1 May 2025. This change is part of the Revenue Legislation Amendment Bill, aiming to provide major cost-of-living relief and make homeownership more attainable.