Champagne corks were popping at Mozo HQ this week as news that our revolutionary rewards credit card calculator, Mozo Rewards Revealer, has been named Australia’s 30th most innovative product in the Anthill Magazine SMART 100 Index.
The SMART 100 index was created by Anthill Magazine in 2008 to identify and rank Australia’s 100 most innovative products, proving to be one of the largest surveys of its kind in Australia.
Mozo’s Rewards Revealer is the only rewards card calculator on the market which enables Australian consumers to compare rewards credit cards and get an instant summary of the best and worst rewards cards for their situation, with full numerical calculations.
The common perception with rewards credit cards is that the more you spend, the more points or rewards you earn. But Rewards Revealer shows this is not the case. There are good and bad cards at each spend threshold and that no one credit card is best, so it’s important to shop around.
For instance, if you spend $14,000 a year on your credit card and are only interested in domestic flight rewards then Rewards Revealer illustrates that the Qantas American Express Discovery Card or Jeststar Mastercard are your best options (excluding platinum cards). But if you are interested in cashback cards then your best options are the Bluey Rewarder Card from Queensland Police CU or the Westpac Altitude Card.
This is the second year running that a Mozo innovation has been named in the Smart 100 index. Last year, our Health Check Tool was selected for taking the headache out of comparing home loans, credit cards, car loans and personal loans.
All development for Rewards Revealer was done by our inhouse team of web developers and data gurus. Congrats team!