Your selected savings accounts
Bank Australia is a customer owned bank. Formerly bankmecu, Bank Australia has over 130,000 customers which act as shareholders of the bank. It offers a full range of products including home loans, savings, credit cards and loan products, and because its shareholders are its customers, they benefit from lower rate and fees. Bank Australia also invests up to 4% of its profits in various community projects every year.
Your selected savings accounts
Because there are no branches of Bank Australia in South Australia and I opted not to have an ATM Visa debit card, I do all my banking here online. I use Bank Australia solely to save for things that are necessary and essential--things such as vet costs, specialist visits, medical necessities, to replace/repair items that break down (like my washing machine!). Bank Australia's website is very user friendly and easy to navigate which is a great help when one is tired, stressed or having to manage banking with a migraine. Their online assistance is excellent, responses are swift and timely, answeriing queries in a straightforward manner. I also like that Bank Australia has an enormous committment to conservation of the Australian flora and fauna and works with local groups to do more in those areas. That was one of the main reasons I chose Bank Australia as my savings bank. Additionally, each member of the bank is a shareholder as well and can vote in such things as elections, mergers with other banks and so on. Interest rates are good, support is excellent and Bank Australia offers a wide variety of competitive services that matches any of the big four banks.
I like that they have good rates and no account fees. I hate the app ot feels dos organised hard to find things just a bad layout. Since the branches have closed down it sucks and there's barely any ATMs to get money out for free
Love Bank Australia great to deal with staff are so helpful and on a mission to be a great help to customers. They are great at communicating with me and regularly update me on improved services offered by them.
I like this bank as they don’t invest in fossil fuels, gambling or tobacco products and are transparent about how their money is used. Their app is easy to use and navigate However they don’t have my atms or branches so that makes it tricky to head in and sort out cash if I need it.
^See information about the Mozo Experts Choice Savings Account Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.