Big bank switch

Thousands of Australian mortgage holders have registered for the Choice Big Bank Switch, to get a better deal on their mortgage.  The consumer advocate organisation launched the switch this week ( to negotiate better bank deals using the group to gain purchasing power  – power that large companies and millionaires enjoy every day.

Christopher Zinn from Choice said the interest showed how many people wanted to get a better deal on their mortgage. “The message to banks is loud and clear that ordinary mums and dads want to get their voice heard, and they are willing to switch together in order to get a better deal.”


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