this post was submitted on 07 Aug 2023
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I was switching to that Up Bank (by Bendigo), but they straight refuse to let me fund my crypto account, so that's out because I just want basic control of my own money.

I also have a Bank Australia account, but, while they like to pat themselves on the back about sustainability, their service and product is crap, imo.

So what else you got?

Edit: Just realised I should probably have posted this to AusFinance, but ah well!

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[–] DolphinLundgrin@aussie.zone 2 points 1 year ago (2 children)

Is it one of those situations where they've got so much bad press as CUA, that now they operate under a different name?

[–] abhibeckert@beehaw.org 5 points 1 year ago* (last edited 1 year ago)

They consistently rank as one of the best banks in Australia on every comparison.

Hardly anyone knows what a Credit Union is - that's why they removed it from the name (it is still a credit union. And a credit union is a type of bank).

I have no experience with any of the other banks that score as well as Great Southern, they're probably good too but I'm so happy I don't want to switch. I went through close do a dozen banks before finding this one.

[–] Ilandar@aussie.zone 4 points 1 year ago (1 children)

According to this article it was because they were losing too many potential customers to banks. Their market research suggested over half of Australians didn't even know what a credit union was and that number was even higher among young people.

[–] DolphinLundgrin@aussie.zone 1 points 1 year ago

Haha, oh god, that's almost worse!