Savings Award 2020

Savings Award 2020

Canstar’s Savings Award uses a sophisticated and unique ratings methodology that compares institutions on the savings products and savings tools they offer consumers.

The Award is given to the institutions found to provide the strongest combination of products across savings accounts and term deposits.

Released September 2020

Bank of the Year - Savings

  • ME Bank

Institution of the Year (Customer-Owned) - Savings

  • CUA

Numbers crunched by Canstar Researchers

Read Methodology
Institution_icon1
27
banks assessed
Institution_icon1
36
customer-owned institutions assessed
Winner Canstar Icon
2
Award winners

Canstar reveals its 2020 Savings Award winners

Looking to boost your savings? Find out more about this year’s Savings Award winners.

About Star Ratings

Canstar's Star Ratings are unique. We evaluate literally thousands of products from hundreds of financial institutions. Our expert researchers analyse every product by comparing price and features to determine what represents value.