ME’s low rate credit card, frank has taken out the top prize for best value credit card in Mozo’s 2016 Experts Choice Awards – recognising Australia’s best value financial products.
The financial comparison site analysed 175 credit cards from 59 providers to identify the country’s best value credit cards across several categories including low rate, no annual fee, balance transfer and rewards.
“Credit cards are frequently used as a convenient way to pay, yet many consumers still get stung with sky high rates and annual fees or choose the wrong card for their particular financial situation,” said Mozo Director, Kirsty Lamont.
“The rationale behind these awards is to help consumers save money and highlight the best value credit cards in the market right now depending on their needs.
“ME's frank particularly stood out as the best value credit card for its combination of no annual fee and a low ongoing interest rate, making it ideal for a range of different customer needs.”
ME Chief Marketing Officer, Rebecca James said the awards provide further evidence of how frank is resonating with Australian banking customers.
Mozo is one of Australia’s biggest comparison websites, comparing banking and insurance products for thousands of Australians each month.
Click here to read ME Chief Marketing Officer Rebecca James talk to Mozo about how ME is gaining momentum on the big banks, why it overhauled its brand image in 2015, and the future for ME in 2017 and beyond.
– Ends –