21-Feb-2019 • Corporate

ME’s deposit products have won top spot in five different categories at the annual Mozo Expert Choice Deposit awards, run by comparison site, Mozo.

The Mozo Expert Choice Deposit awards recognise Australia’s best products and helps Australians to save money and choose better products. ME’s deposit products won the following awards:

  • Best regular saver – Online Savings Account
  • Best Term Deposit – Term Deposit
  • Small business no strings attached – Business Online Savings Account
  • Best Small Business Deposit – Business Term Deposit
  • Best SMSF Term Deposit – Business Term Deposit

Mozo’s experts analysed 680 deposit accounts from 70 providers including savings, term deposits and self-managed super funds.

Kirsty Lamont, Mozo Director said it’s clear that mutuals and challenger banks once again are offering the best value for customers.

“So if you are one of the many Australians locking your money up with one of the Big 4, it pays to do your research and seek out the best deal you can,” she said.

ME consistently offers competitive rates across all term deposit terms from 1 month to 24 months, and is currently ranked second best in the market for 6 and 24 month terms for amounts under $100,000.

ME also has an attractive bonus savings offer linking the usage of an Everyday Transaction Account and Online Saving Account.

To be eligible for the bonus savings rate, customers need have an active Everyday Transaction Account and make a tap & go™ payment with the Everyday Transaction Account card at least once per week.

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Legal notes

The Mozo Experts Choice Awards are an initiative that recognises Australia’s best products and helps Australians to save money and choose better products. Experts Choice Awards are given to those products that represent the best value in their category. In carrying out the Mozo Experts Choice Awards in Deposit Accounts we analysed 680 products issued by 70 Australian financial institutions based on data contained in Mozo’s product database as at 31 December 2018. Terms, conditions fees and charges apply to each of these products. This is general information only and you should consider if these products are right for you. Members Equity Bank Ltd ABN 56 070

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