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 term deposit awards, we analysed 86 personal term deposits issued by 74 Australian financial institutions.
“With the slump in interest rates in 2020 due to Covid-19 and the record low RBA cash rate, it is imperative to shop around and not leave your money stuck in an account earning no interest at all,” said Peter Marshall, Mozo Experts Choice Awards judge.
"All providers considered for these awards are covered by the Govt Deposit Guarantee scheme and our winner’s list for 2021 is a great place to start 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.
Our Term Deposit award identifies the providers that consistently offer personal customers the best interest rates across short, medium, and long term investment options. A huge 73 term deposit accounts were compared head to head and the 2021 award winners are ...