If you have several accounts with high balances relative to your available credit, this may indicate that you are relying greatly on credit to meet your daily needs.
While limits have made it impossible to now reach such high balances, under current settings it is still possible to tip $6 million into super over 30 years, experts say.
What is surprising is that so many people carry high balances on high interest rate credit cards when there's actually a solution that could save them thousands on interest.
The high balances have attracted criticism that the generous tax breaks for superannuation are being used to build family wealth rather save for retirement.
Check for accounts that don't require a high balance -- the amount you plan to keep in the account -- to open, and look for the option with the fewest fees.