If 2020 is the year you get savvier with your savings, then you’ve probably already begun your search for the best savings accounts around.
Of course, finding the best place to stash your cash can be time consuming and, let’s face it, not that exciting either. That’s where our 2020 Mozo Experts Choice Bank Accounts and Savings Awards come in!
Our awards are designed to showcase the products in our database that our expert judges believe may be worth adding to your savings repertoire.
“We analysed 510 personal banking products from 80 providers and found that smaller players, online banks and even neobanks dominated this year’s winners list,” said Mozo expert judge, Peter Marshall.
“With rates hitting rock bottom over the last few years, it’s never been more critical to find a savings account that can give you the best return on your money.”
“These providers have little if not zero overhead costs like other banks do and can therefore provide customers with a more competitive product.”
So without further ado, here are some of Australia’s best deposit accounts for 2020!