Money reveals winners of the 2021 Consumer Finance Awards

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Suncorp has been recognised as Bank of the Year for the fourth consecutive year in the 17th Consumer Finance Awards, published by Money magazine.

The annual awards help Australians find the top performers in each category so they can bank, borrow and invest with the best.

The awards recognise the leading financial institutions across 21 categories.

money reveals consumer finance award winners for 2021 suncorp named bank of the year

Notable award winners were Suncorp (Bank and Business Bank of the Year), Budget Direct (Insurer of the Year), ME Bank (Money Minder of the Year) and Bendigo Bank (Home Lender of the Year).

Suncorp, Budget Direct, ME Bank, Police Bank, La Trobe Financial, Greater Bank, Move Bank, Bank First and Freedom Lend all retained their awards from 2020.

The winners are recognised for their competitive pricing for Australians and consistent focus on the markets they serve.

The collection of winners and finalists are selected after a rigorous data-driven analysis assisted by research leaders Rainmaker Information and data provider InfoChoice.

"With COVID-19 hitting our bank balances hard, your choice of finance provider could make the difference between shaving years of your loan or wearing those mortgage boots for longer," says Michelle Baltazar, editor-in-chief of Money magazine.

"We congratulate our winners for giving more Aussies the chance to fulfil their dreams, whether it's buying property for the first time or financing a small business, through better banking deals."

Julia Newbould, managing editor of Money magazine, congratulated the winners by saying, "it was good to see a lot of winners from previous years still performing at the top of our lists - it shows that they are committed to continuing to look after their members' best interests."

"It was also great to see new players emerge in these competitive categories. A competitive market is always going to be a win for consumers."

The full results of the Consumer Finance Awards are published in the July issue of Money magazine, on sale now.

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