CREDIT WHERE CREDIT IS DUE: MOZO REVEALS AUSTRALIA’S BEST CREDIT CARDS

THURSDAY 2ND NOVEMBER 2023: Today, leading financial comparison site Mozo.com.au is thrilled to announce the winners of the Mozo Experts Choice Awards for Credit Cards 2023, recognising the best of the best credit card products and providers in the Australian market.

The Mozo Experts Choice Awards for Credit Cards, now in their tenth year, saw data and research experts rigorously assess 201 different credit card products issued by 70 Australian financial institutions, to find those delivering the best value for Australians.

"Bankwest was awarded Credit Card Provider of the Year, as they offered a host of different options for consumers searching for value and flexibility," Mozo money expert Rachel Wastell said. 

"Bankwest's Breeze Mastercard and Zero Mastercard cards stood out amongst the competition, clinching multiple wins for Low Rate, No Annual Fee, Balance Transfers, and Payment Plan categories." 

"American Express was also honoured as an industry leader, taking out Rewards Credit Card Provider of the Year, showing their prowess in maximising loyalty program benefits for both personal and business card holders."

As the cost of living continues to rise, it's crucial for consumers who do need to lean on credit, to choose the right card for their personal financial situation.

"The Mozo Experts Choice Awards for Credit Cards pinpoint the top products and providers in the market to help consumers kickstart their comparisons, without having to analyse hundreds of different offers," Wastell continued.

"The winners provide an invaluable resource for Australian consumers to make informed decisions in a challenging financial environment."

"Whether your focus is on minimising interest costs, managing expenses without annual fees, or maximising rewards, the winners list can help you find a credit card tailored to your needs."

In addition to Bankwest and American Express, Defence Bank, Westpac, G&C Mutual Bank and the St George group of brands all took out multiple accolades across various categories. 

Winners of the Mozo Experts Choice Awards for Credit Cards

For a comprehensive list of the winners of the business credit card categories, selection criteria, and research process, read the full methodology report here. 
 

Credit Card Provider of the Year

• Bankwest

Rewards Credit Card Provider of the Year

• American Express

Low Rate Credit Card Winners

• Bankwest, Community First Bank, Credit Union SA, Defence Bank, Easy Street, G&C Mutual Bank, Illawarra Credit Union, MOVE Bank

Low Rate Premium Credit Card Winners

• Bank First, Bankwest, Citi, P&N Bank

No Annual Fee Credit Card Winners

• American Express, Bank Australia, Bank First, Bankwest, Credit Union SA, Hume Bank, ING, ME, QBank, Teachers Mutual Bank, Firefighters Mutual Bank, Health Professionals Bank, UniBank

No Annual Fee Premium Credit Card Winners

• Bankwest, Bendigo Bank, Latitude 

Balance Transfer Credit Card Winners

• Bank of Queensland, Bankwest, Qbank, Westpac 

Balance Transfer Premium Credit Card Winners

• Bank of Melbourne, BankSA, St George, Bankwest, HSBC

Credit Card Payment Plan Winners

• Bankwest, Westpac

Rewards Credit Card Winners

• American Express, Coles, Kogan Money

Premium Rewards Credit Card Winners

• American Express, Bank of Queensland, Bank of Sydney, Citi, Commonwealth Bank, HSBC, Suncorp

Cashback Credit Card Winners

• American Express, bcu Bank, Hume Bank, Kogan Money

Cashback Premium Credit Card Winners

• American Express, Bank of Sydney, Commonwealth Bank, HSBC, ING

Qantas Frequent Flyer Credit Card Winners

• American Express

Qantas Frequent Flyer Premium Credit Card Winners

• American Express, Bankwest, G&C Mutual Bank, HSBC

Velocity Frequent Flyer Credit Card Winners

• American Express, Coles

Velocity Frequent Flyer Premium Credit Card Winners

• American Express, BOQ Specialists, Virgin Money 

Premium Card Benefits Winners

• ANZ, NAB

Best New Credit Card Winners

• Bendigo Bank, Commonwealth Bank
   

-ENDS-

Media Contact

Rachel Wastell 
rachel.wastell@mozo.com.au

p: (02) 9161 2853 m: +61 412 686 458 

Mozo Experts Choice Awards

The Mozo Experts Choice Awards were established in 2014 to help Australian consumers find the best value offers across a range of products and services. For the 2023 Credit Card Awards, Mozo's experts analysed 201 personal and 48 business credit card products, issued by 70 Australian financial institutions, based on data contained in Mozo's product database as at 25th September 2023. Read the methodology report here. Mozo aims to include most credit card providers in the market in the Mozo Experts Choice Awards, and awards are given irrespective of a commercial relationship with Mozo.

About Mozo.com.au

Mozo compares more than 1,800 products from over 200 banking, insurance, energy, and broadband providers to help thousands of Australians make their money count for more. Mozo has been recognised in Australia for simplifying the money maze by challenging traditional institutions and building award-winning comparison tools and calculators. As a leading financial comparison site in Australia, Mozo's team of banking and finance experts regularly provides research and advice for major publications in Australia. Mozo is part of Future PLC, an international media group, and leading digital publisher of titles including TechRadar and Tom's Guide.