When Changing Bank Accounts, What Needs Updating?

coffeesnob085 on 13/12/2024 - 09:58

Just changing bank accounts and I want to make sure everything is updated in the right places.

I've updated my banking info at

Centrelink
Medicare
Changed direct debits

Is there anything I am forgetting?

Financial

Comments

  • Bruceflix on 13/12/2024 - 10:03
    +16

    Your employer

    Oh, wait, didn't see this

    Centrelink

    • Duckie2hh on 13/12/2024 - 10:17
      +2

      LOL

      Don't forget to update direct debit details for the alimony.

      • coffeesnob085 on 13/12/2024 - 12:57
        -2

        Do you find it funny that I have a disability? Im not exactly on the doll

        • GordonD on 13/12/2024 - 18:46
          +1

          on the doll

          That was a movie.

        • Bruceflix on 14/12/2024 - 00:32
          +2

          I can't answer that without knowing what the disability is. Tourette's for example, whilst completely debilitating and horribly traumatic, could be funny for an observer.

  • Baysew on 13/12/2024 - 10:04
    +2

    Salary
    Recycle schemes- Cash in The Can
    Share Dividends
    Paypal
    Afterpay

    • HeWhoKnows on 14/12/2024 - 08:54
      -1

      OP should look over thier own statement to see whats going in and out of thier bank account

      So thats your checklist !

      No need to ask us.

      Done deal

      • Baysew on 14/12/2024 - 09:27
        • their
  • Hybroid on 13/12/2024 - 10:09

    Any saved payment methods along with direct debits. Rent, insurance payments, utility bills, Amazon, Shop.app, Paypal, Apple Pay devices etc.

  • coffeesnob085 on 13/12/2024 - 10:12
    -1

    Thanks! forgot PayPal and Apple Pay

  • BigBirdy on 13/12/2024 - 10:15
    +5

    Look thru a few months of bank statements, and think thru any annual subscriptions (or look back 12 months)

    • MS Paint on 13/12/2024 - 11:20
      +2

      I'm starting to get sick and tired of common sense replies. Please refrain from such tripe in the future.

  • geekcohen on 13/12/2024 - 10:23
    +2
    • Tax Office (ATO or equivalent): Update for tax refunds or payments.
    • Child Support Agency: If applicable, update payment methods or receipts.
    • Superannuation Accounts: Update bank details for withdrawals or contributions.
    • Payroll: Notify your employer to ensure your salary is deposited into the new account.
    • Utilities: Electricity, water, gas, and internet bills.
    • Streaming Services: Netflix, Spotify, Disney+, etc.
    • Subscriptions: Magazines, gym memberships, cloud services (e.g., Dropbox or Google Workspace).
    • Insurance: Health, car, home, or life insurance.
    • Loans: Mortgage, car, or personal loan repayments.
    • School Fees: Payments for school, daycare, or tuition.
    • Credit Cards: Update payment method for credit card bills.
    • Investment Accounts: Share trading platforms, managed funds, or other financial accounts.
    • Online Shopping Accounts: Amazon, eBay, PayPal, or other platforms where you store payment details.
    • Savings/Term Deposits: Transfer any funds or notify your bank of account changes.
    • Memberships: Clubs, associations, or other paid memberships.
    • Charity Donations: Regular donations to charities or non-profits.
    • Friends & Family: Inform those who might occasionally transfer money to you.
    • coffeesnob085 on 13/12/2024 - 12:59
      +2

      Thank you. Some of these I had forgotten

  • tabz on 13/12/2024 - 10:36
    +2

    PayID if you use it.

    • coffeesnob085 on 13/12/2024 - 12:59
      +1

      Thank you. Another one I had forgotten.

  • Downvoter on 13/12/2024 - 18:53
    -2

    DSP for a legit disability or ADHD?

    • coffeesnob085 on 13/12/2024 - 21:41

      I donnt think you can get it for ADHD????
      I'm blind FYI.

      • Bruceflix on 14/12/2024 - 13:11

        DSP-blind is the best DSP to get since it isn't means tested.

  • soan papdi on 13/12/2024 - 22:09
    +2

    Unless you need to pay account fees, keep the older account for 4-6 months and ensure there’s no activity. Also you can ask your current bank for a list of all direct debits (not creditors) and ask new bank to take it over.

    • SlickMick on 14/12/2024 - 13:41

      I'd keep it for 12+ months. It's the ones that only come annually, or worse, the one-offs, that are easy to forget.

  • T-man on 14/12/2024 - 00:47
    +1

    NDIS, if you also use their services for your disability,
    The Lott for Division 1 prize.

Login or Join to leave a comment
Login Join