SMSF Banking Awards 2021

Congratulations to the 2021 winners of Mozo Experts Choice Awards for Self-Managed Superannuation Fund Banking. If you’re looking for a high value account to add to your SMSF, take a look at the winners below and find the one that could complement your needs.

Mozo Experts Choice Awards 2021 Badge

What are the Mozo Experts Choice Awards?

Now in their eighth year, the Mozo Experts Choice Awards provide a platform to highlight products in the marketplace we believe offer great value to Australians.

For the 2021 SMSF banking awards, we analysed 92 SMSF banking and savings products issued by 44 Australian financial institutions.

“If you’re saving funds in your SMSF, it pays to know you’re getting the best possible rate to reap the rewards in the long run,” said Peter Marshall, Mozo Experts Choice Awards judge.

“Those crowned the winners of the Mozo Experts Choice Awards for Self Managed Superannuation Fund Banking are the perfect place to begin your search.”

For details on how we crunched the numbers and determined our winners see our 2021 Mozo Experts Choice Awards Bank Accounts & Savings methodology report.


SMSF Bank of the Year

ME logo


Congratulations to ME, who has taken out the 2021 SMSF Savings Bank of the Year crown for the first time. With award wins in both the No Strings Savings and Term Deposit categories, if you’ve got a SMSF or are looking to set one up in 2021, ME should be high on your list of considerations.


SMSF Kick Start Savings

This category recognised the best accounts for SMSFs looking to take advantage of market leading introductory rates, calculated on the total returns for the first 12 months of account ownership.

Rabobank logo


DIY Super High Interest Savings Account


SMSF No Strings Savings

This award included leading SMSF savings accounts where no conditions are required to receive the highest rate.

AMP Bank logo

AMP Bank

SuperEdge Saver Account

Australian Military Bank logo

Australian Military Bank

DIY Super Saver Account

Heritage Bank logo

Heritage Bank

Secure Super Account

ME logo


Business Online Savings Account

MyState Bank logo

MyState Bank

Business Online Saver


SMSF Regular Saver

This category identified the best ongoing savings rates for regular saver SMSF accounts where qualifying criteria must be met to get the best rate. The award goes to...

Great Southern Bank logo

Great Southern Bank

eSaver Reward


SMSF Term Deposit

This award’s category aims to identify the financial institutions that consistently offer SMSF customers competitive interest rates across short, medium, and long term investments. The 2021 award winners are...

Bank of us logo

Bank of us

Term Deposit

Gateway Bank logo

Gateway Bank

Term Deposit

ME logo


Business Term Deposit


Frequently Asked Questions

What’s the Judging Criteria for the awards?

Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers.

See our methodology report for more detailed information on how we performed product comparisons and determined the final winners for the Bank Accounts & Savings awards.

Did you compare all SMSF banking and savings products in the market for these awards?

Our aim is to include most SMSF providers in the market in the Mozo Experts Choice Awards. However, not every financial institution or product on the market will be included in our review. Any product we review must be available in the market at the time of our analysis.

How do I choose the best SMSF account for me?

When you're comparing self managed super funds, it’s important to weigh up fund performance and the fees you'll pay against other factors such as risk, investment returns, services and insurance. Compare our winners list and see if our stand-outs are the solution for you.

Who are the Mozo Experts?

The Mozo Experts Choice Awards analysis is overseen by AJ Duncanson, Mozo’s Data Services Director. AJ is a data scientist and actuary, and has worked in financial services and product comparison for almost three decades. Together with our Product Data Manager, Peter Marshall, the team has over 50 years of financial services experience.

I work for a financial institution, how do we promote our win?

Please get in touch with us to discuss by emailing or phoning our account management team on 02 9037 4368.