Thursday 21st February 2019

Bank of Sydney receives MOZO Expert Choice Awards 2019

Bank of Sydney’s Term Deposit (online) and Everyday Saver have been crowned the nation’s best-value deposit accounts at the annual Mozo Experts Choice Awards.
“When it comes to deposit accounts, Bank of Sydney’s Term Deposit (online) and Everyday Saver were the stand-out performers with their competitive interest rates and no monthly service fees,” said Kirsty Lamont, Director at Mozo.
Mozo’s experts analysed 680 deposit accounts from 70 providers including savings, term deposits and self-managed super funds. After considerable deliberation, Bank of Sydney’s Term Deposit (online) and Everyday Saver were recognised as being within the top 10% of the market, delivering exceptional benefits to customers right around Australia.
“Now in its fifth year, our Deposit Awards continue to help Australians get the best value possible, especially those who are reliant on generating a decent return from their savings,” Ms Lamont said.
Miltos Michaelas, CEO at Bank of Sydney, applauded the efforts of the entire Bank of Sydney team:
“We have an ongoing commitment to meeting the personal financial needs of our customers, and this commitment has now been recognised by market-leading experts. We are very proud that two of our products have received Mozo Experts Choice Awards for the nation’s best-value deposit accounts. This is a fantastic achievement that truly underlines our commitment to the greater community,” Mr Michaelas said.
“These awards are particularly special as they come on the heels of our recent win at Money magazine’s Best of Best awards. Picking up the ‘Cheapest Home Loan Package – Bank’ category for our ‘Expect More Variable – Package only $100k+’ and ‘Best Term Deposit Short Term – Bank’ category were massive achievements. And while we are ultimately focused on providing our customers with exceptional products and services, it is humbling to be acknowledged as a provider that delivers great value.”
Ms Lamont said: “It’s clear that mutuals and challenger banks continue to offer the best value for customers. So if you are one of the many Australians locking up your money with one of the ‘Big Four’, it pays to do your research and seek out the best deal.”
With a strong track record of award-winning products, consumers are becoming increasingly aware of Bank of Sydney’s standing as a financial provider that delivers great value, quality service and competitive products. Above all, Bank of Sydney is committed to your home, your business and your future.