Bank Account Awards 2021

Congratulations to the 2021 winners of Mozo Experts Choice Awards for Bank Accounts. This year we compared hundreds of Australian bank accounts, so if you’re in the market for the perfect everyday account for all your spending needs, begin your search right here.

Mozo Experts Choice Badge 2021

What are the Mozo Experts Choice Awards?

Now in their eighth year, the Mozo Experts Choice Awards are a place where we highlight the products out in the market that we believe offer great value to Australians.

For the 2021 bank account awards, we analysed 144 personal transaction products issued by 81 Australian financial institutions.

“With so many everyday bank accounts out there, it can be difficult trawling through the options to find a bank account that best fits your personal needs.” said Peter Marshall, Mozo Experts Choice Awards judge. 

“With so many factors to consider like account-keeping fees, fee-free withdrawals and easy access to your funds, this year’s winners list could help you discover one that works best for you.”

For details on how we crunched the numbers and determined our winners see our 2021 Mozo Experts Choice Awards Bank Accounts & Savings methodology report.


Everyday & Savings Bank of the Year




Macquarie was the clear winner this year of the coveted Everyday and Savings Bank of the Year crown. Taking out award wins in the Exceptional Everyday Account, Kick Start Savings, No Strings Savings, Excellent Banking App and Internet Banking categories, Macquarie  has proved itself to be an excellent banking choice for Australia’s savers.


Exceptional Everyday Account


This award commends the everyday transaction and bank accounts that not only offer largely fee-free banking, but provide extra value such as fee free banking for overseas transactions or rewards points. A massive 144 accounts from 81 providers were considered for this category. Congratulations to our 2021 winners.

Student Bank Account


Of the 47 transaction accounts from 37 financial institutions that are designed specifically for students aged up to 24 years old, our Experts determined these accounts to offer the best value, especially when comparing things like international transaction fees which for students can be significant if they shop at online stores from around the world.


Pensioner Account


After identifying all pensioner accounts that offer fee-free day-to-day banking, our Experts used rates below and above the deeming threshold to choose these leading pensioner accounts. 59 accounts from our database were considered in this award, and the standout accounts are...


Frequently Asked Questions

What’s the Judging Criteria for the awards?


Did you compare all bank accounts in the market for these awards?


How do I choose the best bank account for me?


Who are Mozo’s Experts?


I work for a financial institution, how do we promote our win?