Only the best will do
Next to our family and friends, another relationship that has the power to shape our future is the one we have with our banks, lending institutions and insurers. From our savings accounts to our credit cards, business loans and home loans, our day-to-day lives are inextricably intertwined with the way we transact for work and personal matters.
Even more so as we enter a global recession. Any benefits and concessions we can get from our bank – from fee savings to interest rate cuts – can bring back some of the extra money we lost from the pandemic. It can also help us stay afloat at a time when the economy is shaky.
It is with this in mind that we bring you the 2020 Consumer Finance Awards, a shortlist of the leading financial institutions in Australia. For some categories, we’ve compared hundreds of products to get to the final three. Some winners are back for the second or third year running, others are in for the first time. In nine of the 14 categories, the top three are completely different from what they were back in 2018-19.
I would like to congratulate this year’s award winners for making the cut. They’ve had to beat hundreds of offerings to make the mark and deserve the recognition. I would also like to thank our data partner Infochoice and Alex Dunnin, Rainmaker
Group’s executive director research and compliance, for completing the analysis that underpinned this year’s finalists. (Rainmaker is the publisher of Money magazine.)
If you’re already banking with any of our award winners, give yourself a pat on the back.
You’re in good hands. If this is your first time encountering these financial institutions, grab a cuppa and allow us to make the introductions.