All of us will have at least one bank account, most of us will be relatively organised and manage to pay bills on time, some of us have an account for necessities and an account for holiday saving, and maybe a Christmas savings account, but very few of us have a simple emergency financial option.
It is so simple, it’s so easy to set up and it could save you so much stress when things don’t go to plan.
It is a simple account with competitive interest rates and no account-keeping fees called the Community Rewards Account.
This is how it works.
You do the saving for that rainy day – Beyond Bank do the giving.
To make a real difference with the Beyond Bank Community Reward Account they will, on your behalf, and at no cost to you, donate a percentage of your annual average balance to the Newborn Intensive Care Foundation (NICF) to help us purchase medical equipment to help sick babies.
So the more you save, the more Beyond Bank will give back to the NICF. It’s a great incentive for people to save even more and ensure that there is money in their ‘emergency’ account just incase all other options fail.
To protect yourself in a financial crisis, just set up the account, have a few dollars a pay transferred into it automatically and forget about it until a financial crisis strikes. If you don’t bank with Beyond Bank then even better – the more likely it will be that you are not tempted to dip into the account for things you want and not what you need. For more information click here