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HSBC Term deposit reviews

Overall rating
6.5/10
Price
5.3/10
Features
5.0/10
Customer service
6.1/10
Convenience
6.3/10
Trust
6.7/10
Based on 21 reviews as rated by the Mozo community.

Recent HSBC term deposit reviews

Sort reviews by: date | star rating
  • HSBC Term Deposit review

    Overall rating   6 / 10
    Service can be better and more easy to access

    Not enough branches and not as convenient.

    Price
    5 / 10
    Features
    5 / 10
    Customer service
    6 / 10
    Convenience
    6 / 10
    Trust
    6 / 10
    Less
    Jen, Victoria, reviewed over 5 years ago
  • HSBC Term Deposit review

    Overall rating   0 / 10
    All banks the same

    The world economy is in trouble and so is interest rate setting. Is Australia the next greece.The world economy is unbalanced and uneven.

    Price
    0 / 10
    Features
    0 / 10
    Customer service
    0 / 10
    Convenience
    0 / 10
    Trust
    0 / 10
    Less
    Richard, Queensland, reviewed over 5 years ago
  • HSBC Term Deposit review

    Overall rating   10 / 10
    Always there for you.

    Always helpful and there for you, reminding when things are due for closure and a very personal service.

    Price
    9 / 10
    Features
    8 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Jan, Western Australia, reviewed over 5 years ago
  • HSBC Term Deposit review

    Overall rating   6 / 10
    I love that all question !

    Good

    Price
    5 / 10
    Features
    5 / 10
    Customer service
    5 / 10
    Convenience
    5 / 10
    Trust
    5 / 10
    Less
    Daniel, , reviewed almost 6 years ago
  • HSBC Term Deposit review

    Overall rating   9 / 10
    The best offers in the market

    Very attractive package compared with others providers especially the big four!

    Price
    9 / 10
    Features
    8 / 10
    Customer service
    8 / 10
    Convenience
    9 / 10
    Trust
    9 / 10
    Less
    Seth, New South Wales, reviewed about 6 years ago
  • HSBC Term Deposit review

    Overall rating   10 / 10
    Full service

    Very full service - I have a sizeable sterling deposit, which is doing well in terms of FX, but the interest rate is derisory. So full service.

    Price
    1 / 10
    Features
    1 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Phillip, Western Australia, reviewed almost 7 years ago
  • HSBC Term Deposit review

    Overall rating   9 / 10
    Competitive rate for 5 month terms

    HSBC are extremely efficient in the way they operate the account. Their rate is competitive in respect of the length of the term. I wish they would offer better rates on longer terms.

    Price
    8 / 10
    Features
    0 / 10
    Customer service
    9 / 10
    Convenience
    9 / 10
    Trust
    9 / 10
    Less
    Mozo community reviewer, New South Wales, reviewed about 7 years ago
  • HSBC Term Deposit review

    Overall rating   1 / 10
    Friendly does not make up for the waste of my time

    The interest rates offered are the lowest around, there is clearly no attempt to even compete. When I called up to inquire about the rates while the consultant was friendly, she instead tried to sell me a high interest account without listening to my needs. Because HSBC is still a small bank in Australia there are limited branches which makes it much more trouble for the customer in terms of organising forms to be mailed or faxed (can you believe they don't allow you to email anything in!) and constant phone calls to chase things up!

    Price
    1 / 10
    Features
    1 / 10
    Customer service
    3 / 10
    Convenience
    1 / 10
    Less
    Rebekah, New South Wales, reviewed almost 8 years ago
  • HSBC Term Deposit review

    Overall rating   2 / 10

    very low interest rates - not compettive at all

    Price
    1 / 10
    Features
    2 / 10
    Customer service
    2 / 10
    Convenience
    2 / 10
    Trust
    2 / 10
    Less
    Vanessa, Victoria, reviewed about 9 years ago
  • HSBC Term Deposit review

    Overall rating   0 / 10

    HSBC made a terrible mistake with interest calculation and kept denying the mistake. In other words, HSBC intentionally try to deceive me. When i sent a complaint to their customer relations, no reply. When i resent another complaint, again no reply. HSBC is one lousy lazy bum bank. DO not bank with it.

    Price
    4 / 10
    Features
    4 / 10
    Customer service
    0 / 10
    Convenience
    4 / 10
    Trust
    0 / 10
    Less
    Joe, Victoria, reviewed about 9 years ago
  • HSBC Term Deposit review

    Overall rating   9 / 10

    Wish there were more branches

    Price
    9 / 10
    Features
    8 / 10
    Customer service
    9 / 10
    Convenience
    4 / 10
    Trust
    9 / 10
    Less
    Gill, Queensland, reviewed about 9 years ago
  • HSBC Term Deposit review

    Overall rating   8 / 10

    good interest rate, but some FD product duration period to long, pro - can log in the fixed interest for 5 yrs con - 5 yrs is a bit long, if want to use the fund need to break the term n would face pelnity

    Price
    7 / 10
    Features
    7 / 10
    Customer service
    8 / 10
    Convenience
    8 / 10
    Trust
    8 / 10
    Less
    Yoke, Western Australia, reviewed about 9 years ago
  • HSBC Term Deposit review

    Overall rating   9 / 10

    HSBC provide the best service for business and personal customers. HSBC treat customers as valued customers, the service goes beyond expectations in some areas. Great service, good understanding of what we require, proactive in finding the best options / solutions to a problem.

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    9 / 10
    Convenience
    9 / 10
    Trust
    9 / 10
    Less
    Clint, New South Wales, reviewed over 9 years ago
  • HSBC Term Deposit review

    Overall rating   10 / 10

    High fee when using the teller service, which should be remove given that u need to use the service only when issuing bank cheque which already incur fee and on top of that u need to pay teller fee. Teller should be eliminated.

    Price
    3 / 10
    Features
    6 / 10
    Customer service
    6 / 10
    Convenience
    10 / 10
    Trust
    8 / 10
    Less
    Tze, Victoria, reviewed about 10 years ago
  • HSBC Term Deposit review

    Overall rating   9 / 10

    Good interest rates.

    Price
    7 / 10
    Features
    7 / 10
    Customer service
    6 / 10
    Convenience
    4 / 10
    Trust
    8 / 10
    Less
    Gordon, New South Wales, reviewed over 10 years ago
  • 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.

    Term deposit comparisons on Mozo - rates updated daily

    • Term Deposit

      interest rate
      0.75% p.a.
      1 year
      Minimum deposit
      $25,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted
    • Online Term Deposit

      interest rate
      0.75% p.a.
      1 year
      Minimum deposit
      $5,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted
    • Term Deposit

      interest rate
      0.45% p.a.
      9 months
      Minimum deposit
      $10,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted
    • Online Term Deposit

      interest rate
      0.90% p.a.
      2 years
      Minimum deposit
      $5,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted

    Different interest rates apply to different amounts or different interest payment frequencies.

    Want more? Compare all 87 term deposits in the Mozo comparison engine.

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    About Mozo community reviews

    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.