Banking

Navigate the banking maze with ease. We compare interest rates, fees and product details of hundreds of retail banking products from Australia’s big banks, mutual banks, neobanks and credit unions. Brush up on financial lingo via our guides, crunch numbers with our suite of financial calculators and comparison tools, we’re here to help you get a more competitive banking deal.

Latest Banking Guides

We’ve crunched the numbers, read the fine print and researched hundreds of products. Penned by Mozo’s team of money experts, our banking guides help you uncover smart ways to save and get a better deal on your finances.

Pre approval

Pre approval

See all home loan guides
What is a green loan and where can i get one

What is a green loan and where can i get one

See all personal loan guides
How long does it take to transfer money overseas

How long does it take to transfer money overseas

See all international money transfer guides
Travel credit cards vs prepaid travel cards what s the difference

Travel credit cards vs prepaid travel cards what s the difference

See all credit card guides
The complete guide to vehicle finance

The complete guide to vehicle finance

See all car loan guides
Premium rewards cards

Premium rewards cards

See all rewards credit card guides
How much does the average australian save

How much does the average australian save

See all savings account guides
Everything you need to know

Everything you need to know

See all debit card guides
What is a cash management account

What is a cash management account

See all bank account guides
What happens to your term deposit if your bank closes

What happens to your term deposit if your bank closes

See all term deposit guides
Are neobanks safe?

Are neobanks safe?

See all neobank guides

Latest Banking News

While everyone waits on the rba anz cuts its home loan rates

While everyone waits on the RBA, ANZ cuts its home loan rates

Despite the Reserve Bank putting off much anticipated rate moves, ANZ today made interest rate cuts to its main variable rate home loan.

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Credit card deals that can give you extra bang for your buck this black friday

Credit card deals that can give you extra bang for your buck this Black Friday

The weekend known for scoring incredible deals and discounts is almost upon us. Black Friday (29 November) through to Cyber Monday (2 December) is expected to be bigger and better than ever and that means you need to be prepped and ready with your wishlists, bookmarks and your payment choice.

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Low cost reno ideas for lifting your homes value in 2025

Low cost reno ideas for lifting your home’s value in 2025

The summer holidays are right around the corner, and while the kids might be focused on fun and games, it could also be the perfect time to tackle some budget-friendly home renovations. Whether you’re looking to boost your home’s value before selling or just want to refresh your space, there are plenty of smart, cost-effective projects that can make a big impact without breaking the bank.

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Why debit card payments matter to both shops and shoppers

Why debit card payments matter to both shops and shoppers

Many of us are over physical money – some never even carry it. Check your wallet right now, it’s likely padded with debit cards but light on notes.

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Why its time to ditch the yolo mindset and reign in spending

Why it’s time to ditch the YOLO mindset and reign in spending

Living in the moment is great - until it leaves your bank account on empty! Here at Mozo we agree that it could be time for us Aussies to take a step back from the YOLO economy and rethink our “you only live once” spending habits.

Read more savings account news
Australias debit card surcharge ban explained

Australia’s debit card surcharge ban explained

This week the Australian government announced plans to outlaw debit card surcharges as part of a broader crackdown on consumer fees. This move comes in the lead-up to the federal election next year and is aimed at alleviating financial pressures on Aussie families.

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Commbank drops term deposit rates after inflation figure posted

Commbank drops term deposit rates after 2.7% inflation figure posted

After the RBA announced yet another hold in the cash rate on Tuesday, Commbank has cut most of its term deposit rates by 10-15 basis points from 4 months up to 5 years, while only increasing its 1-year rate by 35 basis points.

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Move bank slashes car loan rates

MOVE Bank slashes car loan interest rates to sub 7%

MOVE Bank is the latest lender to offer sub 7% rates on secured car loans for new vehicles.

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Aussies could save millions on imt

Aussies could save millions on international money transfers

Despite advances in how we send money overseas, there’s still a whopping $200 million in potential savings going untapped, according to the latest report from the Australian Competition and Consumer Commission (ACCC).

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Meet frollo australia s best money management app for 2023

Meet Frollo: Australia's Best Money Management App of 2023

Keeping track of your expenses and budget progress has advanced beyond spreadsheets, with the right tools being a huge asset to your financial goals.

Read more neobank news
Is buy now pay later putting you at risk

Is Buy Now Pay Later putting you at risk?

Australians have been enthusiastic users of Buy Now Pay Later services, with RFIGlobal research showing that some 40% of Aussies regularly use BNPL as a payment method. Now the BNPL is to be regulated under the National Credit Act, it’s worth considering whether the rewards of Buy Now Pay Later outweigh the risks.

Read more buy now pay later news

Calculators

Save money on your banking

Mozo, Australia's money saving zone, helps you to start saving money by comparing retail banking products like home loans, insurance, savings accounts, credit cards and much more. If you want excellent money saving ideas, we have you covered.

Find out which financial products and services are the best for your situation. Whether you are a student looking for financial advice or a new home owner trying to choose the best loan - there is advice and tips on saving money on the Mozo that will make life easier for you.

Managing your money with Mozo

Money saving deals are everywhere but you need to know where to find them. Rather than trawling through all of the financial institutions' website, turn to Mozo, where you can find the right deals for you - that's the best way to save money when organising a new loan or term deposit. You could also join the Mozo community,

Need to know how much pocket money is a good amount for child? Or do you need advice on a particular loan decision? No matter how big or small your question  Mozo's team of money experts will be able to answer your query.

Need some tips?

Saving money always sounds like a plausible plan, until that unexpected bill comes along! Good money management is a skill that everyone wants, but in reality they may find it hard to actually put into action.

Mozo offers an extensive catalogue of banking and financial reviews, blogs and feature money articles to help you learn how to manage your money. Our articles cover everything from getting a cash management account to exchanging foreign currency for your next big holiday. If you are after up-to-date money saving ideas, then check out these articles - they offer expert advice at the click of a mouse.

Use our banking tools to get your money sorted

If you need ways to help you manage your money you've come to the right place. The first step is to create a budget - our budget calculator can help you work out where you could trim back your expenses to bring your debts under control. Once you feel like you're in charge of your financing, use our savings calculator to start saving for the things you really want - or, if you're ready to make that next big step, use the home loan calculator to see if you're able to buy a house.

Doing things the easy way

These are easy ways to save money - getting advice from the experts and taking advantages of online calculators and searches to work out what the best way for you to save money is - and which financial institutions can provide the best product for you!

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