MoneyIQ Banking

Level up your MoneyIQ on the topic of Banking.

The five videos in this series cover the basics of opening and using bank accounts safely and with confidence.

MoneyIQ: Banking | Episode 1: Choosing a bank account

Mon and IQ break down the types of bank accounts, key features to look for, and how to make your money work for you. Learn how to pick the right account, avoid fees, and grow your savings like a pro!

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MoneyIQ: Banking | Episode 2: How to open a bank account

Mon and IQ explain everything you need to know in order to open a bank account. Learn what ID you’ll need, why a Tax File Number is important, and whether to open your account online or in person.

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MoneyIQ: Banking | Episode 3: How your bank account works

Mon and IQ explain how to use your BSB and account number, set up PayID, and decode your bank statements. Learn how to track spending, spot suspicious transactions, and watch your savings grow.

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MoneyIQ: Banking | Episode 4: How to avoid getting scammed

Mon and IQ break down common scams like phishing, identity theft, and hacking, while sharing essential tips to keep your information secure. Learn how to spot scams, boost your online security, and stay one step ahead of fraudsters.

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MoneyIQ: Banking | Episode 5: Supercharge your banking

Mon and IQ share five must-know life hacks to help you save smarter, spend wisely, and grow your money with ease. From setting up multiple savings accounts to maximising compound interest, these tips will supercharge your financial game!

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Disclaimer: The information on this website is general educational information. It is not financial advice. Financial Basics Foundation is not a financial advisor. The information is designed to improve your financial literacy by increasing your awareness and understanding of the topics described.