+ Reply to Thread
Page 2 of 3 FirstFirst 123 LastLast
Results 11 to 20 of 22
  1. #11
    Join Date
    Aug 2012
    Posts
    3,443
    Thanks
    765
    Thanked
    1,010
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Yes we pay the same amount annually for our St. George loan. Pretty standard but it still sucks if you are not expecting it!

  2. #12
    Join Date
    Apr 2014
    Posts
    822
    Thanks
    6
    Thanked
    147
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    I always get these kind of bills taken from my cc to be safe

  3. #13
    Join Date
    Jul 2013
    Posts
    1,533
    Thanks
    846
    Thanked
    1,959
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    I have an anz breakfree account & pay a $375 fee every january. I was told about it when i signed up, but promptly forgot about it and was suprised the first year! I have all my bills for the year recorded on a spreadsheet where i also have my monthly budget recorded, so i can always see what is coming up now. It means i get no suprises!

  4. #14
    Join Date
    May 2013
    Posts
    8,351
    Thanks
    5,878
    Thanked
    4,888
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/4/15100 Posts in a week
    What is the annual fee for? Is there a special feature your loan has?

    If you aren't on a fixed rate home loan, see a mortgage broker and get a better deal elsewhere. I don't pay any annual fees, have a great rate and an offset account. I'm with a credit union though.

    There's no reason to pay an annual fee on mortgages these days, just the big 4 ripping you off!

  5. #15
    Join Date
    Jan 2012
    Location
    Perth, Western Australia
    Posts
    1,914
    Thanks
    364
    Thanked
    1,502
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Quote Originally Posted by A-Squared View Post
    What is the annual fee for? Is there a special feature your loan has?

    If you aren't on a fixed rate home loan, see a mortgage broker and get a better deal elsewhere. I don't pay any annual fees, have a great rate and an offset account. I'm with a credit union though.

    There's no reason to pay an annual fee on mortgages these days, just the big 4 ripping you off!
    Often there is an annual fee associated with packaging other products in to one bundle, ie "fee free" transaction, savings accounts and frequent flyer credit cards etc plus it attracts a small saving off the loan's interest rate.

    Most banks offer it, when we were with NAB I think it was called choice package or something, it worked out better for us to do it that way due to the types of credit cards we have.

  6. The Following User Says Thank You to GM01 For This Useful Post:

    A-Squared  (22-11-2014)

  7. #16
    Mod-RaryGirl's Avatar
    Mod-RaryGirl is offline Forum Manager
    Winner 2013 - Best Avatar
    << Awesome avatar by Best Things!
    Join Date
    Apr 2006
    Location
    In paradise
    Posts
    20,421
    Thanks
    1,110
    Thanked
    3,338
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    100 Posts in a week
    Quote Originally Posted by GM01 View Post
    Often there is an annual fee associated with packaging other products in to one bundle, ie "fee free" transaction, savings accounts and frequent flyer credit cards etc plus it attracts a small saving off the loan's interest rate.

    Most banks offer it, when we were with NAB I think it was called choice package or something, it worked out better for us to do it that way due to the types of credit cards we have.
    We are the same. We pay a fee as well and refinanced recently as even with the annual fee we saved considerably overall in interest savings, fee free credit cards and a number of transaction accounts. Fee doesn't always mean you are being ripped off, depends on your individual needs.

  8. The Following 2 Users Say Thank You to Mod-RaryGirl For This Useful Post:

    A-Squared  (22-11-2014),MINIRoo  (23-11-2014)

  9. #17
    Join Date
    May 2012
    Posts
    1,235
    Thanks
    214
    Thanked
    1,443
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    I had a break free package too. The annual fee is documented, but I would always forget it too! You do get other perks from paying that fee. There are no monthly loan fees and you can change loan products once a year at no fee, amongst other things. It was worth the money for me.

  10. #18
    Join Date
    May 2013
    Posts
    8,351
    Thanks
    5,878
    Thanked
    4,888
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/4/15100 Posts in a week
    Quote Originally Posted by [Mod] RaryGirl View Post
    We are the same. We pay a fee as well and refinanced recently as even with the annual fee we saved considerably overall in interest savings, fee free credit cards and a number of transaction accounts. Fee doesn't always mean you are being ripped off, depends on your individual needs.
    We don't have credit cards, so I never thought of that.

  11. #19
    Join Date
    Jul 2010
    Posts
    173
    Thanks
    62
    Thanked
    34
    Reviews
    0
    Crap, you've just reminded me that ours comes out in December!

  12. #20
    Join Date
    Sep 2013
    Location
    Melbourne
    Posts
    348
    Thanks
    486
    Thanked
    119
    Reviews
    0
    Quote Originally Posted by Juzz View Post
    Is it for your annual fee in your mortgage? My mortgage documents advise my fee will be taken out on my loan anniversary each year...?
    Same here.


 

Similar Threads

  1. So annoyed at bank fees - I need a new bank!
    By Mod-Degrassi in forum Family Finances
    Replies: 20
    Last Post: 09-06-2014, 22:04
  2. would you be annoyed?..
    By GlitterFarts in forum General Parenting Tips, Advice & Chat
    Replies: 21
    Last Post: 16-12-2013, 12:42
  3. So annoyed with DH!
    By Little Miss Muffet in forum General Chat
    Replies: 3
    Last Post: 10-12-2013, 14:50

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Hills Swimming
Swim with your friends and you will all get a 33% discount!* We have programs to suit all ages and abilities, with small classes held in our warm indoor 25 metre pool. Highly qualified teachers, and award winning programs. *conditions apply
featured supporter
Maternity Clothes
Looking to buy maternity clothes? :: Check the bubhub directory of local & online maternity clothes shops :: Find preloved maternity wear
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!