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Financial Services in Australia

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Alex overall Effort Score
Black Star 1

54

VS

Black Star 2

56

last Quarter

Sector Effort Score benchmark
Black Star 3

58

VS

Black Star 4

56

last Quarter

Brand analysis

Alex is joint 10th this wave, alongside Macquarie, after it dropped -2 points in its Overall Effort Score.

The loss coincides with drops of varying degrees across all four pillars in the Customer Effort Index. ‘Valuing the Customer’ is down by -4, ‘Speed of Resolving Problems’ and ‘Style of Communication’ have dropped by -2 and ‘Knowledge & Expertise’ is -1 lower wave on wave.

Alex should focus on expanding the range of solutions it has available for customers to drive higher scores back in the ‘Valuing the Customer’ pillar.

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Style of Communication
57

vs

59

last quarter

45% say the politeness of their customer service agents is 'excellent'

39% rate the ability to communicate with them in their chosen language (other than English) as ‘excellent’

 
Knowledge & Expertise
58

vs

59

last quarter

43% rate the expertise of the customer service agent as 'excellent'

44% say the way details were clearly explained to them was 'excellent'

42% rate how well the customer service agent understood their particular problem or question as 'excellent'

 
Undertanding & Valuing the Customer
54

vs

58

last quarter

42% rate this brand as 'excellent' for how they made them feel valued/important as a customer

40% say the way they understood their needs was 'excellent'

40% say the range of solutions or options that were suitable was "excellent"

 
Speed Solving the Problem
49

vs

51

last quarter

43% rate how they were not left ‘on-hold’ or in a call queuing system for a long time as 'excellent'

51% rate how they were able to speak to a customer service agent that can help them with their query as 'good'

38% say they made it ‘very easy’ to achieve what they set out to do