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  • MyState term deposit reviews

    How are MyState term deposits rated by the Mozo community?

    87%

    Overall Mozo Community rating: 8.7 out of 10

    MyState term deposits

    Overall rating: 8.7 (7 reviews)*

    Last reviewed: 18 May 2012


    1. Overall customer rating
    1. Price
    1. Features
    1. Service
    1. Convenience
    1. Trust

    * based on reviews in the past 12 months

    Reviews: 12

    Thumbs up: 10 | Thumbs down: 2

    Featured term deposit from MyState

    • Term Deposit
    • minimum deposit

      $5,000.00


    Other term deposits

    • Term Deposit - QLD and WA
    • minimum deposit

      $1,000.00

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    Recent MyState term deposit reviews

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        1. Overall customer rating
        2. (Reviewed 6 months ago)

      I am happy with this product because the service is very good in person or over the phone.They are very reliable to assist you in any way they can.       Full review 

      I am happy with this product because the service is very good in person or over the phone.They are very reliable to assist you in any way they can.


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      MyState Term Deposit reviewed by Susan from Tasmania

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        1. Overall customer rating
        2. (Reviewed 8 months ago)

      I like the Term Deposit because I can work ahead to accumulate funds in the form of interest to meet anniversary expenses or future purchases or to increase the capital amount.       Full review 

      I like the Term Deposit because I can work ahead to accumulate funds in the form of interest to meet anniversary expenses or future purchases or to increase the capital amount.


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      MyState Term Deposit reviewed by Greg from Tasmania

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        1. Overall customer rating
        2. (Reviewed 9 months ago)

      We are self funded retirees and where we deposit of money is important because the interest from it is our only form of income. We previously invested with one of the Big 4 but when it came time for re-depositing they could not match the credit un...       Full review 

      We are self funded retirees and where we deposit of money is important because the interest from it is our only form of income. We previously invested with one of the Big 4 but when it came time for re-depositing they could not match the credit union. We think term deposit is the best way to invest your savings, locked into a high interest and the interest on saving accounts varies so much and can change at any time. We don't feel there are any cons unless you need your money in a hurry and you then can loose some interest and maybe a withdrawal fee.


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      MyState Term Deposit reviewed by Sue from Tasmania

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        1. Overall customer rating
        2. (Reviewed 9 months ago)

      When the term deposit was due to be renewed it was actually with Westpac, but they would not match the great rate offered by Mystate even though I threatened to withdraw it and go to Mystate, which I did!       Full review 

      When the term deposit was due to be renewed it was actually with Westpac, but they would not match the great rate offered by Mystate even though I threatened to withdraw it and go to Mystate, which I did!


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      MyState Term Deposit reviewed by Diane graham from Tasmania

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        1. Overall customer rating
        2. (Reviewed 11 months ago)

      It is difficult to use term deposit, thats what i found. You need to have a very efficent teller to explain the conditions with term deposit. At maturity I withdrew and deposit into another branch. I found one branch are very rude and not one bit ...       Full review 

      It is difficult to use term deposit, thats what i found. You need to have a very efficent teller to explain the conditions with term deposit. At maturity I withdrew and deposit into another branch. I found one branch are very rude and not one bit friendly, I felt very tense in using this branch, haven't gone back.


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      MyState Term Deposit reviewed by Vicki from Tasmania

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      The staff were friendly and knowledgableand I walked away very satisfied       Full review 

      The staff were friendly and knowledgableand I walked away very satisfied


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      MyState Term Deposit reviewed by Edward from Tasmania

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        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      be aware of changing interest rates from when first deposited to actual term ends---always check before new term starts       Full review 

      be aware of changing interest rates from when first deposited to actual term ends---always check before new term starts


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      MyState Term Deposit reviewed by Brenda from Victoria

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        1. Overall customer rating
        2. (Reviewed almost 2 years ago)

      Easy to use, sign up online but with branch access and assistance if needed, also mail out of documents so all communications covered. Good competitive rate.       Full review 

      Easy to use, sign up online but with branch access and assistance if needed, also mail out of documents so all communications covered. Good competitive rate.


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      MyState Term Deposit reviewed by Lorene from Tasmania

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        1. Overall customer rating
        2. (Reviewed almost 2 years ago)

      i like my state as they do look after you. After i had my term account with them they made follow up phone calls, to see that everything was ok, which i liked       Full review 

      i like my state as they do look after you. After i had my term account with them they made follow up phone calls, to see that everything was ok, which i liked


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      MyState Term Deposit reviewed by Carol from Tasmania

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        1. Overall customer rating
        2. (Reviewed almost 2 years ago)

      The feedback that smaller banks offer a more personalised service over any one of the big four banks was tested and MyState failed. Not only did they lose my business, they will not ever be successful in winning it back regardless of promises of r...       Full review 

      The feedback that smaller banks offer a more personalised service over any one of the big four banks was tested and MyState failed. Not only did they lose my business, they will not ever be successful in winning it back regardless of promises of rates or customer service.


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      MyState Term Deposit reviewed by Colleen from Tasmania

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        1. Overall customer rating
        2. (Reviewed over 3 years ago)

      Its a shame that MyState is only a Tasmanian Credit union       Full review 

      Its a shame that MyState is only a Tasmanian Credit union


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      MyState Term Deposit reviewed by Graham from Tasmania

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