Mozo launches special financial comparison service for students

Monday 08 March 2010

Article by Mozo

Financial comparison service Mozo.com.au has launched a student focussed section of its website called the Student Room to encourage all new and current university students to shop around and compare banks to ensure they are getting the best deal for their student banking needs.

Mozo has warned that many students are overpaying for basic banking by not taking advantage of special student only deals which offer zero account fees, low rate credit cards and student loans as well as advice on saving goals.

The Student Room provides free and easy to use comparison tables on all major banking products for students such as bank accounts, debit cards, credit cards, personal loans and savings accounts.

In addition, the site contains bank reviews, a financial jargon buster, a range of free online calculators and advice.

"For many students this is the first time in their life they are independently managing their finances," said Rohan Gamble, managing director of mozo.com.au. "If they are not savvy about their finances they can easily find themselves paying unnecessary bank fees and for services they don’t really need."

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