Mozo Experts Choice Awards Spotlight Leaders In Everyday Banking Excellence

Mozo Experts Choice Awards reveal the best fee-free personal, and low-fee business, transaction accounts for Aussies in 2024

28 March 2024

Mozo Experts Choice Awards for Bank Accounts Badge and woman looking for the best account on her phone.

Leading financial comparison site is proud to announce the winners of the Everyday Banking categories in the 2024 Mozo Experts Choice Awards for Savings and Transactions.

Mozo experts rigorously analysed 187 transaction accounts from 79 providers, to find the fee-free personal transaction accounts, and low-fee business accounts, offering Aussies exceptional value in managing their everyday banking.

“Mozo experts analysed 187 bank accounts to find the banks that not only save Aussies money on fees, but also make managing everyday finances a breeze,” explained Peter Marshall, Mozo Experts Choice Awards judge.

“As the cost of living continues to put pressure on family budgets, and small business margins, every dollar counts. The winners of the Mozo Experts Choice Awards can make the process of choosing a bank with no fees much easier.”

“The winners list is a great starting point for Aussies sick and tired of paying monthly account-keeping fees and ATM fees, and help them put that money back in their pocket where it belongs.”

In the Exceptional Everyday Account category, Mozo’s expert judges awarded the bank accounts offering no account, ATM, or electronic transaction fees. The Youth and Pensioner Account category awards highlighted financial institutions catering to the needs of Aussies young and old, offering fee-free banking and perks that resonated with these differing demographics.

Small Business Exceptional Everyday Account winners showcased the banks offering business accounts with no monthly account-keeping fees, tailored to the needs of entrepreneurs, and small business owners, to support the growth of small Australian enterprises.

“For 11 years now, the Mozo Experts Choice Awards have simplified the process of finding the best everyday banking options based on a number of different factors," continued Marshall. 

“We’re excited to share these well deserving winners with Aussies looking to save on bank fees, and empower consumers to make their money count for more.”

Mozo Experts Choice Awards Winners (Everyday Banking)

Everyday & Savings Bank of the Year: ING

Small Business Everyday & Savings Bank of the Year: Goldfields Money

Exceptional Value Everyday & Savings Bank: Great Southern Bank & Macquarie

Exceptional Everyday Account

  • Australian Military Bank Military Rewards Account
  • Bankwest: Easy Transaction Account
  • Bankwest: Qantas Transaction Account
  • BOQ Specialist: Everyday Plus Account
  • Commonwealth Bank Smart Access
  • Great Southern Bank Everyday Edge Account
  • HSBC Everyday Global Account
  • ING Orange Everyday
  • Macquarie Transaction Account
  • ME SpendME Transaction Account
  • Suncorp Carbon Insights Account
  • Suncorp Everyday Options
  • Ubank Spend Account
  • Up Everyday Account

Youth Bank Account

  • QBANK: Teen On Call
  • Suncorp: Everyday Options Student

Pensioner Account

  • Bank First: Pension Account
  • BankVic: Pension Plus
  • Queensland Country: Bank Pension Plus
  • Unity Bank: Pensioner Security Account

Small Business Exceptional Everyday Account

  • AMP Bank: Access Account
  • AMP Bank: Cash Manager
  • BCU Bank: Business Basic Access Account
  • BOQ Specialist: One Account for Business
  • Commonwealth Bank: Business Transaction Account - $0 Monthly Account Fee option
  • Goldfields Money: Boss Access Account
  • Heritage Bank: Business Cheque Account
  • NAB: $0 Business Everyday Account
  • Newcastle Permanent: Business Cash Management Account
  • P&N Bank: Business Account
  • Regional Australia Bank: Business Community Partnership Account
  • Suncorp: Business Premium Account
  • The Mutual Bank: Business Cheque Account