Investing my money in a safe and secure way is my number one priority. A Term Deposit was the obvious choice. The bank I chose is the one that I have been dealing with for a number of years. They always obtain the best interest rate for me and will remind me when the term that I selected previously is nearly due. I don't need to book an appointment to see the clerk and the staff are always very friendly and helpful.
I have found the service in most branches to be appalling there are not enough tellers and a wait time for service. The customer service when you get it is excellent - the wait to get it is a killer
ANZ have too low interest rates with their term deposits and I prefer taking money out of my term deposit and it's hard to do that with ANZ.
We had just sold our home and had money left over from the sale and we were going over overseas for a few months. The consultant we spoke with was very helpful and explained term deposits to us and how our money could work for us, she was very helpful.
The customer is required to advise the ANZ that they wish to have the 1.5% bonus interest added rather than the bank asking you each 6 months. In other words, the customer is required to remember, then call or visit the bank, and ask for the bonus interest to be added. Why would the bank not contact the customer every 6 months to ask if they want the bonus ????
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.
Want more? Compare all 87 term deposits in the Mozo comparison engine.Compare more term deposits
Mozo gives you the inside story on the best banking, energy and insurance products as rated by thousands of real customers around Australia. We don't make subjective judgments, nor do advertisers influence our ratings. Although our reviews may be moderated to improve quality standards, they are moderated independently of any of Mozo’s commercial relationships.