How can I view my Budget Wise account online?
Simply log into your Coastline Internet Banking service and access the Budget Wise portal by clicking on the Owl icon on the top menu bar.
Not registered for Internet Banking? Contact us on 1300 361 066 or visit us in store.
How can I pay my bills online?
- Log into your Coastline Internet Banking service and access the Budget Wise portal through the top menu bar
- Select the agreement that you wish to pay the bill from
- Click on ‘Pay bill’ and a list of your bills will appear
- Find the bill you wish to pay and click ‘Pay’
- Check that the biller code and customer reference number are correct. Enter in the amount you wish to pay in ‘Actual amount of this bill’
- Click ‘Confirm’ and you’re done!
What is my Rainy Day balance?
The ‘Rainy Day’ balance is not the balance of the account, simply a calculation. The ‘Rainy Day’ balance is the left over amounts from any bills that have been paid less any extra funds required to top up bills that are over your allocated amounts.
At the end of an agreement the ‘Rainy Day’ balance amount may equal the amount which will be returned to you only if all bills have been paid on the agreement and there have been no manual transactions on your account.
Throughout the life of your agreement your ‘Rainy Day’ balance will generally only ever equal the actual balance of the account if all your nominated bills have been paid and there is nothing further to be paid from your Budget Wise account. Here is an example that shows why:
Transaction | Allocation amount | Account balance | Rainy Day transaction | Rainy Day balance |
Deposit $100 | $100 | $0 | ||
Bill $60 | $80 | $40 | +$20 | $20 |
Bill $50 | $40 | -$10 | -$10 | $10 |
Deposit $100 | $90 | $10 |
The Rainy Day Balance is there as a reserve for you to use when your allocation amount is not enough to pay a bill and there is sufficient funds in the Rainy Day Balance to cover the full amount of the difference between the bill amount and the allocation amount.
Watch this short video to learn more!
Download our Budget Wise brochure here