Australia's Best Savings Accounts

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 savings account products in the marketplace that we believe offer great value to Australian consumers. See below the personal savings accounts awarded Mozo Experts Choice Awards in 2017.

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Experts choice awards hero 2017
Best Regular Saver

Here’s the list of winning accounts that impressed the Mozo experts taking out Experts Choice Awards in the Best Regular Saver Category for 2017. Regular saver accounts have a high ongoing rate when you meet set criteria like deposit or withdrawal conditions.

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Best No String Savings

Looking for a savings account with a top rate without pesky conditions? We compared all 158 savings accounts in our database to identify personal savings accounts with the best unconditional interest rate for 2017. Criteria for the No Strings Savings award also included: no monthly service fee, unlimited free internet transactions, no notice period for withdrawals and to be able to link to accounts at any institution.

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Best Kick Start Savings

Want to kick start your savings in 2017? Mozo reviewed bonus rate savings accounts in our database and the savings accounts below topped the list in our kick start savings category with the best combination of rates for the first year. For full awards criteria see here.

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About the Mozo Experts Choice Awards

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 22 years in online financial comparison.

More information on the methodology and deposit awards criteria can be found here

Getting the most out of your savings account

Our experts here at Mozo have crunched the numbers and selected the best savings accounts in the market for 2017 which are highlighted above. But you can also compare over 190 savings accounts yourself by dropping by the Mozo Savings Accounts hub. Whether you choose one of the accounts selected by our money experts or one based on your particular savings needs, just make sure before opening a new one, you consider the following:

Also savings musts to consider: