Congratulations to the 2021 winners of Mozo Experts Choice Awards for Term Deposits. If you’re keen to lock your cash stash away, whether for the long haul or a short term, start your search right here.
Now in their eighth year, the Mozo Experts Choice Awards provide a platform to highlight products in the marketplace we believe offer great value to Australians.
For the 2021 term deposit awards, we analysed 86 personal term deposits issued by 74 Australian financial institutions.
“With the slump in interest rates in 2020 due to Covid-19 and the record low RBA cash rate, it is imperative to shop around and not leave your money stuck in an account earning no interest at all,” said Peter Marshall, Mozo Experts Choice Awards judge.
"All providers considered for these awards are covered by the Govt Deposit Guarantee scheme and our winner’s list for 2021 is a great place to start your search.”
For details on how we crunched the numbers and determined our winners see our 2021 Mozo Experts Choice Awards Bank Accounts & Savings methodology report.
Our Term Deposit award identifies the providers that consistently offer personal customers the best interest rates across short, medium, and long term investment options. A huge 73 term deposit accounts were compared head to head and the 2021 award winners are ...
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Since 2014, the Mozo Experts Choice Awards have been recognising products that deliver exceptional value or benefits to consumers.
See our methodology report for more detailed information on how we performed term deposit product comparisons and determined the final winners for the Bank Accounts & Savings awards.
We aim to include most term deposit 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.
The best term deposit for your savings depends on how much money you have to lock away, and the length of term you’re willing to commit to. Check out our winners list to set you on the right foot in choosing the term deposit that might be right for you.
The Mozo Experts Choice Awards analysis is overseen by AJ Duncanson, Mozo’s Data Services Director. AJ is a data scientist and actuary, and has worked in financial services and product comparison for almost three decades. Together with our Product Data Manager, Peter Marshall, the team has over 50 years of financial services experience.
Please get in touch with us to discuss by emailing or phoning our account management team on 02 9037 4368.