FAQ (Level 1)

  • How does the Level 1 platform work?

    Level 1 aggregates real-time deposit rates from all Australian banks, allowing you to compare interest rates, terms, and conditions easily. You can create a personalized watchlist and receive notifications when better rates become available.

  • Is there a cost to use the Level 1 platform?

    No, accessing the deposit rates comparison and setting up notifications on our Level 1 platform is completely free.

  • How often are the deposit rates updated?

    We update the deposit rates in real-time or as soon as banks release new information, ensuring you have the most current data.

  • Can I open a deposit account through your platform?

    While we provide information and comparisons, opening a deposit account is conducted directly with the bank. We provide links and guidance to facilitate the process, but the final decision and action are entirely up to you.

  • How do notifications work?

    You can set up alerts based on your preferences, such as when a deposit rate reaches a certain percentage or when a new offer becomes available. Notifications can be received via email or SMS.

  • Are you a deposit taker or financial advisor?

    No, we are not a deposit taker and do not provide financial advice. Our platform is an informational service that helps you compare deposit rates and terms from various banks. We do not attempt to convince you to make any financial decisions; all choices are entirely yours.

FAQ (Level 2)

  • Coming Q4 2024

FAQ (Level 3)

  • Coming Q1 2025