Stats crunched by Mozo Experts
-
74Mobile Banking Apps
-
13Money Managment Apps
-
2Award Categories
With the digital banking revolution sweeping the nation, it’s little wonder that more and more Aussies are turning to mobile banking and money management apps to take control of their finances. After all, having the convenience of your banking in the palm of your hand makes paying bills and managing your spending a simple and transparent way to be in control.
The Mozo Experts Choice Awards for Mobile Banking and Money Management Apps compares plans from a combined total of over 80 providers and identifies the ones that offer the greatest features and a streamlined experience, amongst other factors. See this year’s winners list to make choosing who to bank with a breeze.
Standout Winners
Excellent Banking App
The ability to use an app for most aspects of everyday banking has become increasingly important for most Australians. For this category the judges looked at the features available in 74 banking apps, assessed the importance of those features, and based on that, found which apps offered users the leading functionality.
Congratulations to:
Bank of Melbourne, BankSA, Commonwealth Bank, Defence Bank, NAB, St.George, Up, and Westpac
-
Bank of Melbourne Mobile Banking
- Account fee
- $0.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay, , PayTo
-
BankSA Mobile Banking
- Account fee
- $0.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay, , PayTo
-
CommBank App
- Account fee
- $4.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay, Garmin, Fitbit
-
Defence Bank Mobile App
- Account fee
- $0.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay
-
NAB Mobile Banking
- Account fee
- $0.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay
-
St. George Mobile Banking
- Account fee
- $0.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay
-
Up - Easy Money
- Account fee
- $0.00
- payment options
- Apple Pay, Google Wallet, PayID, Samsung Pay
-
Westpac App
- Account fee
- $5.00
- payment options
- Apple Pay, Google Wallet, Samsung Pay, Fitbit Pay, Garmin Pay, Digital Card
Money Management App
We considered all the budgeting and money management apps we could find that allow you to consolidate accounts from different banks and help you to understand and budget your spending. For the third year in a row, Frollo took out our Money Management App award, a big congrats on a deserving trifecta!
Congratulations to:
Frollo
-
Money Management App
- Automatic categories
- Smart insights
- Budgeting
- Automatic goal tracking
- Automatic bill tracking
- Networth tracking
- Financial passport
What are the Mozo Experts Choice Awards?
Now in their tenth year, the Mozo Experts Choice Awards present an opportunity to highlight products in the market we believe offer great value to Australians.
In carrying out the Mozo Experts Choice Awards in Mobile Banking & Money Management Apps for 2023, we analysed 74 Bank account providers for Mobile Banking App Awards and 13 apps for Money Management App Awards.
“For many people the main interaction they have with their bank is through its app, and if you are one of those people it’s important to make sure the app from your bank gives you great tools to help you make the most of your money,” said Mozo Experts Choice Awards Judge Peter Marshall.
“This year we looked at a wide range of functions, from insights about your money, to goal setting and security features, checking to see which apps had the best overall range of features.”
For details on how we crunched the numbers and determined our winners, see the 2023 Mozo Experts Choice Mobile Banking & Money Management Apps Awards methodology report.
Our Expert Judges
We couldn’t have a name like the Mozo Experts Choice Awards without a dedicated and experienced team of product data analysts at the helm. Combined they have decades of experience behind them. Meet them below.
-
AJ Duncanson
-
Peter Marshall
-
Meredith Allan
-
George Hirst
-
Rumpa Saha
-
Afia Asha
FAQs
What’s the Judging Criteria for the awards?
Running since 2014, the Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. See our Mozo Experts Choice Banking App & Tech Awards methodology report for more detailed information on how we performed product comparisons and determined the final award winners for 2022.
Did you compare banking apps and tech in the market for these awards?
We aim to include most banking apps and tech providers in the market in the Mozo Experts Choice Awards. However, not every financial institution or product on the market will be included in our review. Any product we review must be available in the market at the time of our analysis.
How do I choose the best banking app for me?
Choosing the best banking app for you really depends on what you will use the app for. Is it to keep track of your spending, a fast way to transfer cash or simply an innovative way to bank? Compare the features from our winners list and find the app that could best be for you.
Who are the Mozo Experts?
The Mozo Experts Choice Awards are overseen by AJ Duncanson and Peter Marshall. AJ is Mozo’s Data Director, a data scientist and actuary who has worked in financial services and product comparison for over 30 years. Peter has been in the industry even longer, and as Research Manager he leads the team of analysts that gather information and compare products every day, and perform all the calculations behind the Mozo Experts Choice Awards.
I work for a financial institution, how do we promote our win?
Please get in touch with us to discuss by email should you have any queries.