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  • bankmecu term deposit reviews

    How are bankmecu term deposits rated by the Mozo community?

    77%

    Overall Mozo Community rating: 7.7 out of 10

    bankmecu term deposits

    Overall rating: 7.7 (6 reviews)

    Last reviewed: 26 January 2012


    1. Overall customer rating
    1. Price
    1. Features
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    Reviews: 11

    Thumbs up: 11 | Thumbs down: 0

    Featured term deposit from bankmecu

    • Term Deposit
    • interest rate

      5.25%
    • minimum deposit

      $500.00

    Other term deposits

    • Gold Term Deposit
    • interest rate

      5.05%
    • minimum deposit

      $5,000.00
    • Go to site
       
    • Term Deposit
    • interest rate

      5.10%
    • minimum deposit

      $1,000.00
    • Go to site
       

    Compare all term deposits

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    Recent bankmecu term deposit reviews

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

      This term deposit offers great interest rates, highly recommended compared to the major banks. The staff are always friendly, no long queues, can't do enough for you, personalized service, provide reply paid envelopes to send cheques in easily, fa...       Full review 

      This term deposit offers great interest rates, highly recommended compared to the major banks. The staff are always friendly, no long queues, can't do enough for you, personalized service, provide reply paid envelopes to send cheques in easily, fantastic bank.


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      bankmecu Term Deposit reviewed by Sabine from Australian Capital Territory

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

      Been with them for many years, early days as a credit union. Lack of convenience in the few places where they have branches, though can use redi-ATMs. Internet banking as good as anyone else, phone banking similar to others. Interesting to see h...       Full review 

      Been with them for many years, early days as a credit union. Lack of convenience in the few places where they have branches, though can use redi-ATMs. Internet banking as good as anyone else, phone banking similar to others. Interesting to see how they go as a members owned bank.


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      bankmecu Term Deposit reviewed by Edmund from Victoria

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        1. Overall customer rating
        2. (Reviewed 5 months ago)

      This product has very good rates, with options for short term to long term deposits - at the end of your term, you can choose how long you wish to re-deposit for, depending on the best rates available - the only thing I do not like about this prod...       Full review 

      This product has very good rates, with options for short term to long term deposits - at the end of your term, you can choose how long you wish to re-deposit for, depending on the best rates available - the only thing I do not like about this product, is you do not know how much interest you have earned when the renewal comes in.... it does not show at all - its only when you re-invest that it shows up in the principal.


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      bankmecu Term Deposit reviewed by Jan from Victoria

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

      Have been with MECU since its inception many many years ago. We have never had a complaint. Even when travelling o/s and lost a credit card, the speed and efficiency with which that was handled was amazing and even today, when we tell the story pe...       Full review 

      Have been with MECU since its inception many many years ago. We have never had a complaint. Even when travelling o/s and lost a credit card, the speed and efficiency with which that was handled was amazing and even today, when we tell the story people can't believe a bank operates in such a way. Sitting and talking to them in their office and being able to see our files when they open them, talk to them on the phone and they return calls on the same day. We would not move to another bank. We even check with other banks before reinvesting and if they have higher rates, MECU meets them as we know they will.


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      bankmecu Term Deposit reviewed by Diana from Victoria

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

      mecu is quite consistent with their term deposit, they are quite reliable. The notices are sent prior to maturity and follow on call is made by the staff to discuss various term deposit options before renewal. Over age 45, they have edvest which o...       Full review 

      mecu is quite consistent with their term deposit, they are quite reliable. The notices are sent prior to maturity and follow on call is made by the staff to discuss various term deposit options before renewal. Over age 45, they have edvest which offers better interest rate. I am very pleased with the product.


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      bankmecu Term Deposit reviewed by Madhavi from Queensland

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

      I am a small investor, so the three months fixed term account works well for me. The interest rate is not as high as some of the competitors, that said, I'm happy with the way the account works for me.       Full review 

      I am a small investor, so the three months fixed term account works well for me. The interest rate is not as high as some of the competitors, that said, I'm happy with the way the account works for me.


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      bankmecu Term Deposit reviewed by Margaret from Victoria

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

      I like the convenience, friendly service, lack of exorbitant fees or unnecessary reward systems.       Full review 

      I like the convenience, friendly service, lack of exorbitant fees or unnecessary reward systems.


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      bankmecu Term Deposit reviewed by Robert from New South Wales

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

      Flexible - can pay interest periodically or at term. Hate call centres - prefer to be able to speak direct to my branch without the hassle of having to explain my query more than once.       Full review 

      Flexible - can pay interest periodically or at term. Hate call centres - prefer to be able to speak direct to my branch without the hassle of having to explain my query more than once.


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      bankmecu Term Deposit reviewed by Nancy from Victoria

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

      Love the rapid phone or email response from mecu. Very personalized. Great help with varied queries from transferring money overseas to helping me with my absent (overseas) accounts. Easy to place cash in term deposits and very timely alerts to va...       Full review 

      Love the rapid phone or email response from mecu. Very personalized. Great help with varied queries from transferring money overseas to helping me with my absent (overseas) accounts. Easy to place cash in term deposits and very timely alerts to various needs. Above all, excellent personal customer service - you feel that you are a person and not a faceless entity.


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      bankmecu Term Deposit reviewed by Heather from Victoria

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

      Automated banking was supported by a telephone consutant explanining the terms to my full satisfaction       Full review 

      Automated banking was supported by a telephone consutant explanining the terms to my full satisfaction


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      bankmecu Term Deposit reviewed by a Mozo reviewer from Victoria

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

            Full review 


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      bankmecu Term Deposit reviewed by a Mozo reviewer from Victoria

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      Yes

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