Read the latest term deposit reviews from the Mozo community. Thousands of Australians have reviewed their term deposit provider to give you the inside story on everything from interest rates to customer service.
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Overall rating: 9 / 10
I love the great interest rate and the loyalty is an added incentive. Customer service by phone is really good & staff are very helpful. They advise you about new products as they become available but there is no real sales pitch or pressure involved.
–
Jenny from New South Wales
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Search the reviewsOverall Rating
9Pricing
10Product Features
8Customer Service
10Convenience
10Trust
9They make you feel like family, not treating you like they just want your money. Rather, they want to help you to invest your own money. – Linda Janse van Rensburg from Victoria, a Commonwealth Bank term deposit customer. Reviewed about 10 hours ago
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3Pricing
5Product Features
2Customer Service
1Convenience
7Trust
3One of the features is that my funds get to grow but I cant touch it for a specific amount of time that I choose. – Prue from Queensland, a Commonwealth Bank term deposit customer. Reviewed about 10 hours ago
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9Pricing
7Product Features
5Customer Service
10Convenience
8Trust
9Good interest rates, choice, and correspondence. Nothing to dislike. – Beverley from New South Wales, a Bendigo Bank term deposit customer. Reviewed about 10 hours ago
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6Pricing
5Product Features
6Customer Service
7Convenience
8Trust
7I like their online facilities. – Linda from New South Wales, an ANZ term deposit customer. Reviewed about 11 hours ago
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8Pricing
8Product Features
6Customer Service
8Convenience
8Trust
9no fees and a real live manager to deal with – Norm from New South Wales, a Westpac term deposit customer. Reviewed 10 days ago
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3Trust
2Local branch moved, no longer convenient; business banking center not interested in you as a customer unless you have a loan with them, a normally operated account is not enough to attract their interest or even to get them to return phone calls; – Kerry from New South Wales, a NAB term deposit customer. Reviewed 13 days ago
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8Pricing
7Product Features
4Customer Service
8Convenience
9Trust
8Commonwealth bank is the best bank i have ever seen, they have nice staff which are very helpful and patient. – quan from New South Wales, a Commonwealth Bank term deposit customer. Reviewed 13 days ago
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8Pricing
8Product Features
8Customer Service
6Convenience
5Trust
8High interest rates when compared to the big 4. – ravi from New South Wales, a BankWest term deposit customer. Reviewed 13 days ago
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8Pricing
7Product Features
5Customer Service
10Convenience
10Trust
10I like that there are no fees for students. – Alex from New South Wales, a Commonwealth Bank term deposit customer. Reviewed 13 days ago
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9Pricing
7Product Features
7Customer Service
6Convenience
4Trust
8Good interest rates. – Gordon from New South Wales, a HSBC term deposit customer. Reviewed 13 days ago
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8Pricing
7Product Features
5Customer Service
7Convenience
9Trust
9In general, the term deposit rates offered are less competitive than those of other banks. Yet, they do have good interest rates at the moment, compared to the other banks. – Yulianto from New South Wales, a Commonwealth Bank term deposit customer. Reviewed 13 days ago
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7Pricing
7Product Features
5Customer Service
2Convenience
5Trust
4Competitive rates, but not very good customer service. – Rosemary from New South Wales, a St George term deposit customer. Reviewed 13 days ago
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8Pricing
6Product Features
1Customer Service
8Convenience
5Trust
9The Commonwealth Bank provides customer service which is very convenient and widely available. – A Mozo reviewer from New South Wales, a Commonwealth Bank term deposit customer. Reviewed 14 days ago
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7Pricing
6Product Features
6Customer Service
6Convenience
5Trust
10It's okay but I would enjoy a higher interest rate on my account. – Natalie from New South Wales, an ING DIRECT term deposit customer. Reviewed 19 days ago
Overall Rating
7Pricing
8Product Features
5Customer Service
9Convenience
7Trust
8I like the entertainment provided at the bank e.g. eyetoy etc – Kylie from New South Wales, a Commonwealth Bank term deposit customer. Reviewed 19 days ago
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5Pricing
5Product Features
5Customer Service
5Convenience
5Trust
5They should really increase the interest rates. So that all the savers can earn more on their investments. Especially as after record breaking low interest rate levels we need an increase in the rates to make people save more. – Nazim from New South Wales, a Commonwealth Bank term deposit customer. Reviewed 19 days ago
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7Pricing
7Product Features
7Customer Service
8Convenience
7Trust
8It was simple to implement and you can forget about it until it matures. – Denise from Victoria, a Commonwealth Bank term deposit customer. Reviewed 21 days ago
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8Pricing
8Product Features
7Customer Service
7Convenience
8Trust
8good return of interest on TD – corsina from Victoria, an ANZ term deposit customer. Reviewed 27 days ago
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8Pricing
8Product Features
8Customer Service
5Convenience
9Trust
7only trouble I have is when reinvesting principle and interest, the fax number to rural bank is continually engaged, eventually I scan and email the instructions to rural bank. – karen from Queensland, a Rural Bank term deposit customer. Reviewed 28 days ago
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7Pricing
8Product Features
8Customer Service
8Convenience
7Trust
7This savings account accumulates interest and goes into another side account and it is easy to access. Earns good interest. – wendy Robertson from Queensland, a Westpac term deposit customer. Reviewed 28 days ago
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8Pricing
8Product Features
7Customer Service
10Convenience
10Trust
10I trust ANZ bank and like to recommend its products to other customers. – Yuan from Victoria, an ANZ term deposit customer. Reviewed 28 days ago
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6Pricing
5Product Features
2Customer Service
8Convenience
8Trust
10I like the security of my capital.CBA is the largest Bank and if it is not secure then none are – Tony from Victoria, a Commonwealth Bank term deposit customer. Reviewed 28 days ago
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10Pricing
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8Customer Service
9Convenience
10Trust
8great interest rate for 5 months – karyn from Queensland, a Westpac term deposit customer. Reviewed 28 days ago
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9Pricing
9Product Features
0Customer Service
9Convenience
9Trust
9So far it's been good with no problems. Staff have been very helpful and thorough. – Di from South Australia, a BankSA term deposit customer. Reviewed 28 days ago
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10Pricing
10Product Features
10Customer Service
-Convenience
10Trust
10straight forward banking and the best interest rates – allan from Western Australia, an UBank term deposit customer. Reviewed about 1 month ago
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10Pricing
10Product Features
9Customer Service
10Convenience
9Trust
10Thrilled with the current 12 month rate of 6.8%, missed the boat with the big banks in December so thrilled to see it back, and good to be with a credit union. – Talitha from Queensland, a defcredit union term deposit customer. Reviewed about 1 month ago
Overall Rating
7Pricing
7Product Features
5Customer Service
8Convenience
8Trust
8Location Good Interest rate – Alan from Victoria, a Bendigo Bank term deposit customer. Reviewed about 1 month ago
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10Pricing
10Product Features
9Customer Service
10Convenience
9Trust
10Deposits are essentially with NAB, so as safe. Rates and service are much better than other banks. – Tom from New South Wales, an UBank term deposit customer. Reviewed 2 months ago
Overall Rating
10Pricing
9Product Features
1Customer Service
9Convenience
10Trust
10That I can move my money in 24 hours and move as much as I want. – Justine from Victoria, an ING DIRECT term deposit customer. Reviewed 2 months ago
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10Pricing
10Product Features
10Customer Service
10Convenience
10Trust
10Customer service people are friendly, always around to answer questions even after hours, and easy to use. – Jane from Victoria, an UBank term deposit customer. Reviewed 2 months ago
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