Search results

@alleylehmann I think you think you get better rates. Cash back is a way to try to get you to use your credit card even when there are surcharges, my Airpoints rate probably beats the cashback anyway. - paying 1.5% to get 0.67% back is silly.

@rtaylor11214 How do you know, and what services do you use? Why shoot the country in the foot for "services"? My banking is 99.9% done through the app, and I'm pretty confident my mortgage has been marginally cheaper for a decade now.

@stephanieann I've heard "service" mentioned a few times & I don't know what I don't know, but I've never had a negative experience with Kiwibank. I value value more than I value fluff with my money services. What services are so good?

@in_jesus_i_trust I'm not an "expert", have had a mortgage for 10 of the ~17 years, & didn't realise brokers would be part of the discussion. It makes sense that they are though as they seem to funnel customers around the place. My point, and the only reason I posted is: - If all else is...

@runako A two year fix last year was the ~7% Yep everybody was under 3%, but were brokers recommending it? Some of my mates use brokers and they all played short. - It's only my experience of having a mortgage that made me think a big 5 year tranche under 3% was a solid move, and the brokers...

@runako Lack of details sorry... I paid down a 7% tranche and avoided 18 months of interest on it, you'd need a guaranteed 10.5% return to beat that. I'm of course not going to break my 2.99, nor are all my eggs in one basket. Did your broker think 5 years under 3% was a good play?

@hope3 Maybe It's more me than my bank but I'm on 2.99% till late 2025 and didn't get charged break fees for an early repayment on another tranche this week.

@jackk123 Brokers are like car salesmen and are in it to make money for themselves. - Don't be afraid to see what banks will offer you.

@anonymous258 *and pay for the privilege

All you folks doing business with the Aussie b(w)ankers should go ahead and switch local. ASB share-trading is the only "edge" any of those b(w)ankers have left imo. Edit: Lots of people say: - "Service" Maybe my needs are more basic than most. I'm pretty much an online customer, without the...