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Bank of the Year 2017

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With most Australians sticking to just one or two banks, consumers need to know they are getting the best deal across a range of products.

Money has teamed up with Canstar to bring you the 2017 Consumer Finance Awards, which names the best providers across 14 categories.

We reveal the hero products that got the top performers over the line, and how much consumers can save.

Now in their 14th year, there are some surprises this time around.

money magazine money mag issue june month super consumer finance awards bank of the year effie zahos bank of the year 2017 consumer finance awards

For just the second time in this award's 13-year history, the title of Bank of the Year has been taken out by a bank other than one of the big four.

With most Australians sticking to just one or two banks, consumers need to know they are getting the best deal across a range of products. Money has teamed up with Canstar to bring you the 2017 Consumer Finance Awards, which names the best providers across 14 categories. We can reveal the hero products that got the top performers over the line, and how much consumers can save.

Bank of the Year: Bankwest

Bankwest has been named Bank of the Year for a strong performance across all categories considered but in particular transaction and savings accounts and home loans. It is just the second time in the 13 years of the Consumer Finance Awards that a bank other than the big four has taken out the top award.

Home Lender of the Year: Bank Australia

Home buyers who need convincing that great-value home loans can be found outside the big banks need look no further. Home loan products that are rich in features and competitively priced helped Bank Australia beat out other home loan providers to win the award.

Credit Card Issuer of the Year: Coles

Once again Coles has taken out our award for Credit Card Issuer of the Year, having won last year for the first time. Coles offers a great range of credit cards, including low rate, no annual fee and rewards options.

Insurer of the Year: Budget Direct

A range of competitively priced, superior products, including gold comprehensive car insurance and comprehensive home and contents insurance, helped Budget Direct win this award.

Mobile Banking Provider of the Year: CommBank

CommBank has picked up this award for the seventh year in a row, offering a comprehensive list of features across platforms, allowing customers to experience a seamless transition from desktop to mobile.

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