London, United Kingdom (PressExposure) January 13, 2010 -- The winners of the inaugural Consumer Money Awards have been announced and we are delighted to report that Egg has been awarded Best Online Savings Provider for 2009.
The Consumer Money Awards, which are organised by The Daily Mirror and financial data experts Moneyfacts, were introduced to let consumers "reward the good guys". Over 40,000 people voted in the online poll held in September. Ordinary consumers were asked to vote for the banks and building societies that they thought were doing a good job, despite the current economic climate.
In the "Best Online Savings" category, customers were asked to vote for the best all-round online account based on product value and charging structures that were fair and transparent. The criteria considered included account availability, ease of use, additional terms and services and applicable introductory offers.
Sharon Maguire, Head of Egg's Retail Banking and Wealth Management says: "We're thrilled with this award which is a reflection of all the hard work that we've been putting in to our savings products this year."
Egg has been a leader in the online banking field, from borrowing and saving to insurance, because we proudly offer value for money and great service, which has made us popular with savers, particularly for our savings accounts and Fixed Rate Bonds. This success has come about through helping customers to understand and manage their money more effectively.