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2025 Everyday Banking
Canstar's 2025 Everyday Banking Awards
Canstar releases its
2025 Bank of the Year Awards for Everyday Banking.
Released: 4 September, 2025
About the Everyday Banking Awards
Canstar’s Bank of the Year Award for Everyday Banking recognises the institutions offering competitive transaction accounts and credit cards for a variety of consumers in Australia.
Learn more about our Award process in the methodology.
Numbers crunched by Canstar Researchers
- 11 banks assessed
- 20 customer-owned institutions assessed
- 2 award-winning providers
Read our methodology →
View all Star Ratings and Awards →
Congratulations to the Award winners
(Winners are listed alphabetically)
Australian Military Bank
Everyday Banking – Customer-Owned Bank of the Year
Australian Military Bank retains the customer-owned Bank of the Year – Everyday Banking award this year, with particularly strong performance in the Transaction Account profiles. Its best-performing product, the Military Rewards account, offers 1% cashback on all purchases under $100 with no annual fee on the Visa debit card and no monthly service fee.
HSBC
Everyday Banking – Bank of the Year
HSBC has retained the Bank of the Year – Everyday Banking Award this year, continuing to lead the transaction space with its Everyday Global account, which offers a 2% cashback on all eligible purchases with a $0 account fee. This, combined with its Premier World Mastercard credit card, which has a standard reward earning of 1.5 rewards points for every $1 spent, has seen HSBC retain the award in 2025.
Does Canstar rate other products?
Insurance
Accounts and Transfers
About Canstar
Canstar also has insights and information about financial products and services generally. You can find out about topics such as: interest rates, buy now pay later (BNPL), business products and tax. You may also be interested in discovering more about calculators and resources, such as our rate checker and free credit score tool, to help you with your financial decision-making.
FAQs
About: Josh Sale, Group Manager, Research & Ratings
Bachelor of Commerce, Economics/Finance dual major, Griffith University. Master of Data Science, Strategy and Leadership, RMIT (ongoing studies)
Joshua Sale is responsible for developing the methodology and delivering Canstar’s flagship Star Ratings, as part of Canstar’s Research team. With tertiary qualifications in economics and finance, he enjoys helping Australians find more suitable financial products by transforming complex calculations into a consumer-friendly Star Rating that explains the values and benefits of different financial products.
As one of Canstar’s company spokespeople, Joshua has participated in print, radio and broadcast interviews with the likes of the Australian Financial Review, news.com.au and Money magazine, along with other leading media outlets, discussing topics such as home loan equity, banking incentive schemes, digital wallets and wider finance trends.
Joshua is known for his ability to simplify complex products and technical information, crunching the data into meaningful insights for consumers about finance. He has analysed several consumer markets across banking, insurance and wealth, and is keenly interested in various topics, ranging from how Australians interact with their superannuation funds, to the dynamic nature of the health insurance market, and collecting and redeeming credit card reward points.
Joshua believes that knowledge is the first step towards empowerment. Even while studying, he facilitated peer-assisted study sessions for economics, and represented his University’s Business School in an academic committee.
You can follow Josh on LinkedIn, and Canstar on X and Facebook.