The Mozo Experts Choice Awards are back in full swing for 2019, and we’re excited to announce UBank has won our Savings Bank of the Year award, making this the second year in a row it’s taken home the honour.
Back-to-back wins shouldn’t surprise anyone familiar with the the digital bank. Since it doesn’t have to worry about costs that traditional banks face, it’s able to pass savings directly to customers, and the top-notch rates it offers are proof of this. Among the categories it ranked highly in were the No Strings Savings, Regular Saver, Short Term Deposit, and Exceptional Everyday Account categories.
UBank is also very innovation driven. For example, Peter Marshall, Mozo’s Data Manager and Mozo Experts Choice Award judge, said its USaver Ultra Transaction Account, which was recognised in the Exceptional Everyday Account category, offered some impressive features.
“The USaver Ultra Transaction Account works constantly in the background to help you save. Its built-in Sweep feature automatically moves funds across your accounts, ensuring that you’re receiving maximum interest and that you have enough in your everyday account at the same time.”
Read on for a selection of other UBank products that took out wins across various Mozo Experts Choice Deposit Award categories.