the mozo blog

But where should you stash your hard-earned cash in this tumultuous economic climate?

Is there something on your financial mind? Or do you have some money savvy to share? Mozo has just launched its new Q&A forum, Mozo Answers, to spark up the money conversation among everyday Australians.

From savings tips, managing money to home loans and student finance, Mozo Answers is the hippest hotspot to ask, learn and share money info with other Aussies and become part of the Mozo community of clever people.

Why not test out our money gurus by asking a question now? Or if you’re ready to share your financial wisdom, why not answer these questions:

• Will the RBA move rates today, and if so, by how much? Answer before 2.30pm today and win yourself a tasty 100g bag of chocolate coins if you’re right!
• What is the best way to consolidate small debts?
• Anyone got any good tips for saving money on grocery bills?

Be warned, according to several of our early adopters Mozo Answers is extremely addictive. Stay tuned in the forum for helpful hints on how to manage this addiction and other tips for staying money savvy in 2011.

Visit our super new money Q&A forum now! Mozo Answers.

Money lovers, bank spotters and finance paparazzi take note: Mozo is chuffed to present our inaugural People’s Choice Awards.

In the last year, an astonishing 23,938 reviews were cast by you, the real customers, raving about your bank stars and dumping on your money duds. Mozo then crunched the numbers and tallied up the scores, to give voice to the people’s choice.

So who are the home loan heros, the credit celebs and stellar tellars? A round of applause for your winners:

Australia’s Best Bank

ING Direct

Australia’s Best Credit Union

Victoria Teachers Credit Union

Australia’s Best Building Society

The Greater

Sill more coveted awards – including best category performances and runners up – can be ogled at the People’s Choice Awards webpage.

And interestingly, it’s the new talent – the challenger brands and independents – who won your hearts and accounts. More interestingly still (if this kind of thing hits your sweet spot), the people rejected splashy headline rates and flash-in-the-pan intro offers in favour of the best ongoing deals.

For example, UBank – winner of the Best Savings Accounts – doesn’t have the highest rate on the market for its USaver account. However, it does offer an astoundingly competitive ongoing interest rate if you make regular contributions, and is perhaps the best choice for longer-term savers.

So why not get in on a spot of celeb-watching and discover the ultimate line-up of financial products: the best credit cards, home loans, savings accounts, bank accounts, personal loans, term deposits as chosen by the people.

Check out the winners podium at The Mozo People’s Choice Awards 2010.

We reveal some very interesting facts behind the Mozo People’s Choice Awards…

More People’s Choice Awards Information

Check out the winners podium  Mozo People’s Choice Awards 2010

Reports of gale-force rate rises, massive savings swells and credit card downpours have hit across Australia.

So Mozo is introducing the country’s first bank-emergency response unit: the Mozo Rate Chasers. This crack team of field experts report back from the front line of finances to get you the latest on banking conditions: the lowest home loans amid a surge of rate rises; the best credit card deals as new providers blow in; the Noah’s Ark of term deposits as the savings flood sets in.

And as conditions intensify, Mozo HQ has upgraded to help navigate the bank storm, with even easier access to huge savings on credit cards and loans despite the treacherous conditions, as well as integrated reviews from real customers to give you eye-witness accounts of bank disasters and financial life-savers.

Check out the Rate Chasers in action.

Stay dry Mozonians!