Building a Credit History in Aus

[Guest allagras]

Hi

Anyone got any advice on the best way to start building some credit history in Aus (aside from getting an Australian C-card!).

have opened up an Oz bank account, and I'm drip feeding little bits of cash into it failry regularly - trying to make the best of a cr*p rate but don't have the £££ to plan anything big in terms of a money move, as still need to pay for the container, flights, rent etc etc until we actually make the move (prob turn of the year!)

 

Is it a good idea to slowly build up a bank balance in Oz like this, or best to just keep it all, pray the rate doesnt totally collapse, and sunt a big lump sum across ? (or win the lottery of course...)

 

Any advice gratfeully received

 

Edited November 12, 2012 by allagras

[Give me a break!]

I dont think its the money in the account, I think its actually having an address here. I may be wrong though, but thats what I thought.

[Guest Cozzy]

Hi

Anyone got any advice on the best way to start building some credit history in Aus (aside from getting an Australian C-card!).

We have opened up an Oz bank account, and I'm drip feeding little bits of cash into it failry regularly - trying to make the best of a cr*p rate but don't have the £££ to plan anything big in terms of a money move, as still need to pay for the container, flights, rent etc etc until we actually make the move (prob turn of the year!)

 

Is it a good idea to slowly build up a bank balance in Oz like this, or best to just keep it all, pray the rate doesnt totally collapse, and sunt a big lump sum across before we move? (or win the lottery of course...)

 

Any advice gratfeully received

 

Grant

 

Hi there. We was told to just open an account as soon as poss (done 3 years ago) and just pop a bit of dosh over every now and then. As give me a break says its the history that they look at not how much in there!! This helps when you land in OZ and you want to say....take a phone contract out etc.