It seems we’ve blinked and somehow we’re half way through the year already! Reflecting on the first half of 2017, we’ve endeavoured to bring increased value and presence into our member’s lives. We’re proud of all we have achieved so far this year.
Our BankVic Walking Tribe has attended 6 community walks/runs, raising much needed funds to help the communities we serve, as well as a number of other key community events.
We launched the new and improved BankVic App, making banking quicker, smarter and easier for members. We are increasing our accessibility for members with the upcoming opening of our new Royal Children’s Hospital BankVic Branch, making banking even easier. We hosted a number of Member Focus Groups, listening to your thoughts on what BankVic means to you.
Thank you to all of our members for their continued support and we look forward to all we can achieve together in the second half of the year.
- Adrian White
We are terribly saddened by the passing of our very first Community Hero Award winner, Sue Contarino. Sue was a courageous ovarian cancer prevention advocate, adored mother and wife. She was our friend who quickly became part of the BankVic family.
Throughout Sue’s journey, the greater BankVic community have supported her through participation in the annual ‘Walk with Me’ event, raising funds for Ovarian Cancer Australia as well as for Sue and her family personally. We have witnessed the instinctively generous nature of our community shine brighter than ever, and for that we acknowledge and thank you.
We extend our deepest sympathies to Raina and Steve – It was an honour to know Sue and her memory will forever live on through her extraordinary work.
Our BankVic Walking Tribe, comprising of staff, their family and friends, spent Mother’s Day celebrating in tribute to Angela Taylor.
The Angela Taylor Memorial Run/Walk honours the memory of Constable Angela Rose Taylor who, at 21 years of age, died from injuries she received when a car bomb exploded outside the Russell Street Police Complex in 1986. Proceeds from the event will go towards building new and improved emergency facilities in public hospitals, named in memory of fallen police officers - remembering lives by saving others. We are proud to support such a meaningful event each year.
The Northern Health Walk ‘N Chalk brought together the local community, promoting healthiness and happiness in a colourful 3KM fun run on Sunday, 21 May. The family friendly event was a sight not to be missed, with participants covered in bright coloured chalk running along Cooper St Epping. The BankVic Walking Tribe thoroughly enjoyed being involved on the day.
The big four banks just chose to dump a rate rise on you. Choose to dump them!
Enjoy 3.79%pa introductory 2 year variable rate (comparison 4.48%pa) for owner-occupied home loans.
Do you know what you're currently paying on your home loan? Even a small reduction in your interest rate could save you thousands of dollars over the term of your loan. Refinancing your home loan over to BankVic makes good sense.
We know that switching your home loan can seem like a hassle, but we'll help you every step of the way, so it's a quick and easy process.
Visit bankvic.com.au/homeloanoffer to apply or call 13 63 73.
Are TV travel documentaries not close up and personal enough for you? Would you prefer to live the experience by immersing yourself in the environment, amongst the people and eating local delicacies? But you’re not sure if your budget can take you further than your lounge room?
An overseas holiday doesn’t have to be outrageously expensive, especially if you follow some simple money saving tips. You may be surprised with just how far your money can take you.
Research your options
Time your travel
Save money on flights
Be budget savvy with accommodation
With these money-saving tips, the most expensive thing you’ll do for your next overseas trip is to renew your passport!
In the last few months we have seen a substantial increase in members taking up “free trials” online. Whether browsing the web or Facebook, these pesky offers seem to pop up everywhere. The allure of free protein powder, teeth whitening strips, slimming tablets or the old favourite, skin cream/serum often seem an offer too good to be true – and often they are. These trials claim to be free but rope you in to divulging your Visa card number simply to pay a small fee for postage.
Once you’ve handed over your details, you will receive your “free trial” and use, drink or swallow your free product, but in the mean time the company is about to debit your card for the full price of what was allegedly your “free trial.” In their tiny terms and conditions section it states something along the lines of:
“If you don’t return the unused product to us within 14 days we will take this as a subscription to our product and not only charge you for the alleged free trial but also a monthly service and we will continue to provide this product to you until we hear back from you to cancel your subscription.”
By the time you realise - they have most likely debited you hundreds of dollars and if you received the product and used it, there is nothing BankVic can do as we have no chargeback rights. The only thing we can suggest is to contact the merchant (usually email is the only way) and then wait 14 days, as the merchant has the right to debit your account one last time within those 14 days. If they debit your account any further after the 14 days have passed, you can then contact BankVic to start the chargeback process for that amount only. Cancelling the card won’t stop them from debiting your account.
In order to save yourself a financial loss and inconvenience, we highly recommend you read the free trial terms and conditions and do some research on the company beforehand. This will help lessen the risk. If in doubt, don’t take up the free trial offer - free trails are rarely free.
We’re delighted to announce that we’re expanding our branch network with a new flagship branch and ATM to open at the Royal Children’s Hospital (RCH) in June.
The RCH is one of the world’s leading paediatric hospitals and we’re proud to be part of the community, providing accessible banking services to the hard working RCH staff.
Our new branch will be readily accessible to the staff at a number of major hospitals located nearby, including the Royal Women’s Hospital, the Royal Melbourne Hospital and the Peter MacCallum Cancer Centre; police, emergency and public service workers who live and work nearby, as well as the wider community.
At BankVic we’re committed to helping our members achieve their financial goals through the continual delivery of excellent products and services and enhanced accessibility.
Thank you to everyone who entered our April Member Matters Readership competition. We appreciated the feedback and will explore your suggestions in future editions.
Congratulations to Ross W, who won a $50 voucher just for sharing his thoughts with us.
Stay tuned for future editions of Member Matters for your chance to win.
Need to send money to loved ones? Need to pay for something abroad? Well here’s some great news.
From now until 30 June 2017, when you use American Express Foreign Exchange Services through BankVic to make a money transfer of foreign currency of $1,000 or more, you’ll earn a $20 Coles Gift Card.
A telegraphic transfer (TT) is a secure, convenient and electronic means of depositing funds directly into your beneficiary’s account in a specified currency, both overseas and within Australia.
Please note telegraphic transfers are not immediate and take anywhere between 5 and 7 working days to arrive, depending on the country.
TERMS & CONDITIONS: Introductory 2 year variable rate effective 12 Dec 2016. Minimum loan amount $150,000. For new borrowings and refinances (from other financial institutions) only. Upon expiry of the introductory 2 year rate, the interest rate will revert to our standard variable rate. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The rates are based on a new loan for a property purchase secured by a freehold property located within the metropolitan area and associated costs and have been calculated on a loan amount of $150,000 over a term of 25 years. All loans are subject to our standard credit assessment criteria. Fees and charges apply. Information on our terms and conditions, interest rates and fees and charges are available on application or request. Fees and charges apply to telegraphic transfers. For full details, refer to our Fees & Charges PDS (PDF). Please note the corresponding bank/s may also charge a handling and acceptance fee/s.The Coles $20 gift card is only open to members who complete an Outgoing Telegraphic Transfer utilising American Express Foreign Exchange solutions with BankVic, for an amount value at AUD 1000 and over, between 1 May and 30 June 2017. To qualify to receive a $20 Coles Gift Card, you must complete a Foreign Exchange transfer for an amount valued at AUD1000 and over, it is not cumulative, and only valid for transfers from Australia to another country, where the transfer is in a foreign currency. The Coles Digital Gift Card must be taken as stated, and no compensation will be payable if the person is unable to use the Digital Gift Card as stated. Digital Gift Cards, including any unused portion, are not replaceable, exchangeable or redeemable for cash or other goods and services, and cannot be used to pay or offset any transactions with American Express FXIP. The Digital Gift Card cannot be transferred to any other person. Coles Gift Card redeemable at: Coles Supermarkets, Coles Central and Bi-Lo. This card cannot be redeemed at Coles Online or Coles Express. Conditions and exclusions apply. The information has been prepared without taking into account your objectives, financial situation or needs. You should read the Telegraphic Transfer Product Disclosure Statement and consider the appropriateness of International Payments in relation to your individual requirements. International Payments are arranged through American Express International Inc. (ABN 15 000 618 208 AFSL No. 237996). CAR LOAN TERMS AND CONDITIONS: Repayment amount is calculated based on a $15,000 loan taken over 5 years. Rate is effective 12 Dec 2016 and subject to change at any time. Minimum loan amount: $10,000. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate has been calculated for a secured new or used car loan for an amount of $30,000 over a term of 5 years. All BankVic car loans are secured by a goods security agreement. Any advice is general advice only and has been prepared without taking account of your objectives, financial situation or needs. Before acting on the advice you should consider whether the advice is appropriate for you. Before you make any decision to acquire any credit card or insurance product or service you should obtain and consider the relevant Product Disclosure Statement or conditions of use available from any of BankVic’s branches. As an AFSL holder, we sell general insurance products under an agreement with CGU Insurance Limited ABN 27 004 478 371 AFSL 238291. Terms, conditions, limits and exclusions apply. If you purchase insurance we will receive a commission that is a percentage of the premium. Ask us for more details before we provide you with services. Police Financial Services Limited ABN 33 087 651 661 AFSL 240293 Australian Credit Licence 240293 (BankVic) GPO Box 2074, Melbourne VIC, 3001 05.17 6406bv
Police Financial Services Limited ABN 33 087 651 661 AFSL 240293 Australian Credit Licence 240293
General Enquiries 13 63 73 | BSB 704 230 Copyright 2017