At Mozo, we're passionate about getting Australians a better deal on their finances and the Experts Choice Awards provide us with a platform to highlight products in the marketplace that we believe offer great value to Australian consumers.
We compared all kids savings accounts in our database to identify the savings account with the best unconditional interest rate for children 8 years and over. Criteria for the award also included: no monthly service fee, unlimited free internet transactions, no notice period for withdrawals, no automatic sweep function and to be able to link to accounts at any institution.
We compared all kids savings accounts in our database to Read more...
If kids can make regular deposits, a savings account with an ongoing bonus rate could be the best interest earner. Mozo reviewed all kids bonus rate savings accounts in our database and here is the list of winners for 2016. For full awards criteria see here.
If kids can make regular deposits, a savings account with an Read more...
Mozo considered at call savings accounts, transaction focused bank accounts, and fixed term deposits. Awards have been awarded for each of these product types.
Mozo has been researching and comparing financial products since 2008, and hundreds of thousands of Australians use our comparison services each month. Our research team is headed by our Research & Insights Director and our Product Data Manager who have over 50 years of financial services experience and 21 years in online financial comparison.
More information on the methodology and deposit awards criteria can be found here.
Now that Mozo’s money experts have helped you decide which children’s savings accounts to open, it’s time to get those kids saving that pocket, christmas and birthday money. Here are some top tips for helping them reach their savings goals and learn about managing money.