Bendigo Bank is Australia’s most trusted bank, says Roy Morgan

Bendigo has been labelled the most trusted bank in Australia for the second year in a row in Roy Morgan’s annual awards. 

What makes Bendigo stand out?

Chief executive and managing director of Bendigo and Adelaide Bank, Marnie Baker said, “Our quality products, friendly service and leading digital offerings are just some of the reasons why we’re consistently recognised as the most trusted bank in the country.”

The Roy Morgan Trusted Brand Awards recognised Bendigo out of 20 leading brands across a range of industries and services. The bank has also been named as the most trusted agribusiness bank among Australian farmers by Roy Morgan. 

Why do you need to compare banks, anyway? 

Comparing bank or savings accounts is a crucial step when choosing where to bank. Even 10 minutes of comparing can give you a better sense of the options available in the market, including smaller banks that might have better interest rates and features.

For example, right now in Mozo’s database MyState Bank’s Bonus Saver Account offers 5% interest pa, IMB Bank’s Reward Saver Account gives 5.25% pa and First Option Bank’s Savings+Bonus account offers 4.75% pa. (Of course always check the terms and conditions before deciding on any product). 

Pro tip: It’s always a good idea to review savings accounts options regularly. 

At Mozo, we make it easier and fun for you to compare and select from a range of options some of which have won awards at the 2023 Mozo Expert’s Choice Awards

Or if you’re keen to do some more research, be sure to compare some of the best savings accounts on our Savings hub page. 

Compare Savings Accounts in Australia - last updated 25 June 2024

Search promoted savings accounts below or do a full Mozo database search. Advertiser disclosure
  • Savings Account

    5.35% p.a. (for $0 to $250,000)

    4.75% p.a.(for $0 to $1,000,000)

    Yes up to $250,000

    Bonus variable rate is available for the first four months.

    Competitive introductory variable rate for first 4 months (on deposits up to $250,000). No account keeping fees to pay. Multiple 2024 Mozo Experts Choice Award winner.

  • Mozo Expert Choice Badge
    Savings Maximiser

    5.50% p.a. (for $0 to $100,000)

    0.55% p.a.(for $0 and over)

    Yes up to $250,000

    For customers who have an Orange Everyday account, deposit $1000 into a personal ING account, make 5 eligible transactions and grow their nominated Savings Maximiser account each month.

    Great variable rate every month when you grow your balance each month in addition to other eligibility criteria. No ING fees to pay. Save even more with ING Everyday Round Up. Mozo Experts Choice Awards Everyday & Savings Bank of the Year winner for 2024.^

  • Reward Saver Account

    5.25% p.a. (for $0 to $1,000,000)

    0% p.a.(for $0 and over)

    Yes up to $250,000

    Intro bonus rate of 5.25% for balances up to $1,000,000 for the first 4 months, reverting to 3.25%. Minimum deposit of $50 and no withdrawals.

    Introductory bonus rate for balances up to $1,000,000 for the first 4 months. Minimum deposit of $50 and no withdrawals. Start your account online in under 10 minutes and earn interest on balances up to $1,000,000 (T&Cs apply). No monthly account fees, helping you save smarter and faster.

  • PremiumSaver

    5.45% p.a. (for $0 to $250,001)

    1.50% p.a.(for $0 and over)

    Yes up to $250,000

    Increase balance by $200 by the end of each month

    Reward yourself with a higher rate for your good savings habits. Rabobanks’s PremiumSaver is simple - receive the maximum rate when you grow your balance by at least $200 each month (T&Cs apply). Plus, your savings help our Aussie farmers produce the food we love to enjoy.