Financial Services Credit Guide

Savings.com.au Pty Ltd ACN 161 358 363 operates as an Australian Financial Services Licensee and an Australian Credit Licensee Number 515843, of Level 40, 123 Eagle Street, Brisbane Qld 4000.

This document incorporates our Financial Services Guide (FSG) and Credit Guide (CG) and is a key document prepared by Savings.com.au to help you to decide whether to obtain any of the products or services provided by Savings.com.au. It provides important information about:

Who we are
The products and/or services we may offer
Associations we have that may influence the information we provide (conflicts)
How we generate revenue
Compensation Arrangements
Our dispute resolution processes
How to contact us

Who is Savings.com.au?

Savings.com.au is a digital publisher whose primary purpose is to help everyday Australians save money. Whether it be to help people get those savings ‘up-front’ when they buy something, or the cumulative savings made over time which help people to build their future position, Savings.com.au was born out of the growing need for practical and common sense ways to save.

Savings.com.au is part of the Firstmac Group. Firstmac is a challenger in the market with more than $12 billion in loans under management. Over the last 40 years, Firstmac has provided over 100,000 home loans to everyday Australians. International ratings agency Standard & Poor's awards Firstmac its highest possible ranking for loan servicing. Being part of the Firstmac Group means that Savings.com.au has a number of ‘sister’ brands including the online lender, ‘Loans.com.au’. The separation of editorial content and commercial interests in the context of the broader group is paramount for Savings.com.au. This means that it takes proactive steps to manage group commercial influence over the Savings.com.au operation. This can be read about further in our published Conflicts of Interest declaration on the Savings.com.au website.

In essence, Savings.com.au sister brands will be treated in the same manner as any other product provider looking to connect with the Savings.com.au audience. If the Savings editorial team judge that products from a sister brand do not meet the purpose test of ‘helping consumers save money’, then they will not be included in editorial content.

Our Licensing & Authorisations

Savings.com.au operates under an Australian Financial Services License (AFSL) and as an Australian Credit License Number 515843. These licensing regimes require material effort to ensure that Savings.com.au remains within their strict compliance frameworks – a responsibility which Savings.com.au takes very seriously.

Any information is intended to be general in nature. It is not intended to be specific to an individual’s personal circumstances. And whilst we will create and provide access to handy tools such as calculators, infographs and succinct tables to help the audience make better decisions to help them save money, Savings.com.au will never recommend a single product as being appropriate to an individual’s specific and personal needs and circumstances. Savings.com.au encourages members of its audience to speak with a financial adviser should they wish to discuss their own personal circumstances and needs.

What Services are offered?

Savings.com.au operates as an Australian Financial Services Licensee Number 515843 to provide general financial product advice and deal in deposit and payment products such as term deposits and savings accounts.

Savings.com.au operates as an Australian Credit Licensee to engage in credit activities to act as intermediary.

Who is responsible for the financial services provided?

Savings.com.au operates as an Australian Financial Services Licensee Number 515843 under the Corporations Act and Australian Credit Licensee Number 515843 under the National Consumer Credit Protection Act 2009 to provide the services outlined in this Financial Services and Credit Guide.

Under the Corporations Act, Savings.com.au may provide general financial product advice to you even though it does not deal directly with you. Savings.com.au content may be distributed to you through its website and other digital channels such as social media, and where consent is held or obtained, email.

General advice provided by Savings.com.au does not constitute personal advice as it does not take into account your financial situation, needs and objectives. Savings.com.au’s credit licence authorisation requires it to provide you with a credit guide setting out the information in this document.

Does Savings.com.au have any potential conflicts of interest that may influence it?

Savings.com.au content will always be researched, written and appropriately approved according to regulatory requirements, journalistic methods and in an objective manner in order to identify the money saving opportunities and products that it judges are worthy of consideration for its audience, consistent with its purpose of "helping people save money”.

Content is curated on which people in the community are searching for answers. If this content generates opportunities for the Savings.com.au team to connect the ensuing audience to products that it believes align with the contextual purpose of the content, then it will publish those products and consider a commercial relationship with the product provider/s. Importantly, Savings.com.au often publishes products which have no commercial relationship in place with a product provider.

Additionally, products provided by the Firstmac Group shall be assessed using the same journalistic methods as those of any other product provider and, like any other third party, shall only be included within Savings.com.au editorial content where those products are judged by the non-commercial Savings.com.au teams as good savings options for the audience.

How we generate revenue

Savings may receive fees in relation to the following:

Fees for referrals from a product or product provider table on the Savings.com.au website and other digital properties including but not limited to social media and email. The fees can be calculated via a number of different methods including by number of referral clicks, number of leads created from supplied referral clicks, number of applications (both preliminary and approved) and fixed sponsorship fees
Advertising placements on Savings.com.au’s website: Savings.com.au may receive a fee from the advertiser for display of an advertisement on the Savings.com.au website and/or other digital entities including but not limited to social media and email
Promoted/Sponsored content placements on Savings.com.au’s website: Savings.com.au may receive a fee from the advertiser for display of promoted/sponsored content on the Savings.com.au website and/or other digital entities including but not limited to social media and email

Compensation Arrangements

Savings.com.au and Firstmac Limited hold a professional indemnity insurance which satisfies the requirements for compensation arrangements under section 912D of the Corporations Act. Subject to its terms and conditions, the policy provides cover for civil liability resulting from third party claims concerning the professional services provided by Firstmac Limited and its employees and authorised representatives, including where that employee or authorised representative has subsequently left Firstmac Limited.

What to do if you have a complaint about us

Should you wish to lodge a complaint about Savings.com.au or our services, please notify us in writing at our Contact us address, by email to complaints@savings.com.au addressed to the Complaints Officer or by calling Savings.com.au on 07 3017 8813.

Our policy is to immediately seek to resolve and acknowledge receipt of complaints. We will then investigate the complaint and decide what action (if any) to take. Our decision will be communicated to you within 45 days.

If you are not satisfied with how your complaint has been resolved you may contact the external dispute resolution scheme, the Australian Financial Complaints Authority (AFCA), details below.

Australian Financial Complaints Authority

GPO Box 3
Melbourne, VIC 3001
Phone 1800 931 678
Website: www.afca.org.au
Email: info@afca.org.au

How to contact us

If you have any questions or would like more information about this FSG and CG, you can contact us as follows

Email: enquiries@savings.com.au
Visit: www.savings.com.au

The entire market was not considered in selecting the above products. Rather, a cut-down portion of the market has been considered. Some providers' products may not be available in all states. To be considered, the product and rate must be clearly published on the product provider's web site. Savings.com.au, yourmortgage.com.au, yourinvestmentpropertymag.com.au, and Performance Drive are part of the InfoChoice Group. In the interests of full disclosure, the InfoChoice Group are associated with the Firstmac Group. Read about how InfoChoice Group manages potential conflicts of interest, along how we get paid.

Savings.com.au Pty Ltd ACN 161 358 363 operates as an Australian Financial Services Licensee and an Australian Credit Licensee Number 515843. Savings.com.au is a general information provider and in giving you general product information, Savings.com.au is not making any suggestion or recommendation about any particular product and all market products may not be considered. If you decide to apply for a credit product listed on Savings.com.au, you will deal directly with a credit provider, and not with Savings.com.au. Rates and product information should be confirmed with the relevant credit provider. For more information, read Savings.com.au's Financial Services and Credit Guide (FSCG). The information provided constitutes information which is general in nature and has not taken into account any of your personal objectives, financial situation, or needs. Savings.com.au may receive a fee for products displayed.

Explore the InfoChoice Group network: InfoChoice · Your Mortgage · Your Investment Property · Performance Drive

Our company, Savings.com.au, has obtained accreditation as a data recipient for the Consumer Data Right (CDR). You can view our CDR policy by clicking on this link.

Important information

Savings.com.au provides general information and comparison services to help you make informed financial decisions. We do not cover every product or provider in the market. Our service is free to you because we receive compensation from product providers for sponsored placements, advertisements, and referrals. Importantly, these commercial relationships do not influence our editorial integrity.

For more detailed information, please refer to our How We Get Paid, Managing Conflicts of Interest, and Editorial Guidelines pages.

Editorial Integrity

At Savings.com.au, we are passionate about helping Australians make informed financial decisions. Our dedicated editorial team works tirelessly to provide you with accurate, relevant, and unbiased information. We pride ourselves on maintaining a strict separation between our editorial and commercial teams, ensuring that the content you read is based purely on merit and not influenced by commercial interests.

Learn more about our commitment to editorial integrity in our Editorial Guidelines.

Advertiser Disclosure

Our service is free for you, thanks to support from our partners through sponsored placements, ads, and referrals. We earn compensation by promoting products, referring you, or when you click on a product link. You might also see ads in emails, sponsored content, or directly on our site.

For more details, see How We Get Paid.

Product Coverage and Sort Order

We strive to cover a broad range of products, providers, and services; however, we do not cover the entire market. Products in our comparison tables are sorted based on various factors, including product features, interest rates, fees, popularity, and commercial arrangements.

Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes.

Additionally, certain products may present forms designed to refer you to associated companies (e.g. our mortgage broker partner) who may be able to assist you with products from the brand you selected. We may receive a fee for this referral.

You can customise your search using our sorting and filtering tools to prioritise what matters most to you, although we do not compare all features and some results associated with commercial arrangements may still appear.

For more details, visit How We Get Paid and Managing Conflicts of Interest.

Comparison Rate Warning and Base Criteria

For home loans, the base criteria include a $400,000 loan amount over 30 years. For car loans, the base criteria include a $30,000 loan over 5 years. For personal loans, the base criteria include a $20,000 loan over 5 years. These rates are only examples and may not include all fees and charges.

*The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Monthly Repayment Figures

Monthly repayment figures are estimates that exclude fees. These estimates are based on the advertised rates for the specified term and loan amount. Actual repayments will depend on your circumstances and interest rate changes.

Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you.

Related Brands

Savings.com.au is proudly part of the InfoChoice Group, which includes InfoChoice.com.au, YourMortgage.com.au, YourInvestmentPropertyMag.com.au, and PerformanceDrive.com.au. The InfoChoice Group is associated with the Firstmac Group.

We may include products and services from loans.com.au, CarLoans.com.au, OnlineAuto.com.au, and YourMortgageBroker Pty Ltd, all associated with the Firstmac Group. Importantly, these brands are treated like any other commercial partner.

Learn more about how we manage conflicts of interest.

General Advice Disclosure

The information provided by Savings.com.au is general in nature and does not take into account your personal objectives, financial situation, or needs. We recommend seeking independent financial advice before making any financial decisions. Before acquiring any financial product, obtain and read the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), and any other offer documents.

Rates and product information should be confirmed with the relevant credit provider. For more information, read Savings.com.au’s Financial Services and Credit Guide (FSCG).

Financial Services & Credit Guide