IMB Bank term deposit reviews

IMB Bank
IMB Bank's overall rating for term deposits

(as rated by the Mozo community)

9.0 / 10

based on 7 reviews

Price

Features

Customer service

Convenience

Trust

Featured term deposit from IMB Bank

Recent IMB Bank term deposit reviews

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

Excellent

Best one.

Full review

Best one.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Laufesiliai (NSW), reviewed over 2 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   8 / 10

Competitive rates and good customer service

Very good customer service and professional.

Full review

Very good customer service and professional.

    Price   9 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Cheryl (NSW), reviewed almost 3 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   9 / 10

Terms and Rates

The IMB always lets me know when a Term Deposit is maturing, and lets me know the rates they're proposing -- which is really nice!

Full review

The IMB always lets me know when a Term Deposit is maturing, and lets me know the rates they're proposing -- which is really nice!

    Price   9 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Sharon (NSW), reviewed about 4 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

Imaginative money building, safe and reliable

Love IMB's Term Deposit products, great service and communication. IMB doesn't only stand for Illawarra Mutual Building Society. It stands for IMB -I Love My Bank, it is imaginative money building.

Full review

Love IMB's Term Deposit products, great service and communication. IMB doesn't only stand for Illawarra Mutual Building Society. It stands for IMB -I Love My Bank, it is imaginative money building.

    Price   8 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Nadine (ACT), reviewed about 4 years ago

IMB Bank

IMB Bank Term Deposit term deposit review

Overall rating   8 / 10

Great customer service. Low interest rates

Love the people. Phone banking is horrendous. Online is great. Product could be more flexible as regards interest rates.

Full review

Love the people. Phone banking is horrendous. Online is great. Product could be more flexible as regards interest rates.

    Price   1 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   6 / 10

    Trust   7 / 10

Less

Jennifer (NSW), reviewed about 4 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   5 / 10

Inconvenience that proved costly.

They made it more difficult than need be to transfer our deposit to another institution once the term deposit matured. They would not do a direct transfer, so we had to go to their shopfront to pick up a cheque. Because we were transferring the...

Full review

They made it more difficult than need be to transfer our deposit to another institution once the term deposit matured. They would not do a direct transfer, so we had to go to their shopfront to pick up a cheque. Because we were transferring the deposit into an online only institution, we had to first of all go to another shopfront to deposit the cheque into another account, wait 5 days for it to clear, then transfer it into the online account and wait 2 days for it to appear there. This was both inconvenient and costly (5days interest).

    Price   6 / 10

    Features   -1 / 10

    Customer service   8 / 10

    Convenience   5 / 10

    Trust   10 / 10

Less

Ian (NSW), reviewed over 5 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

IMB handles all my banking needs in a professional, courteous and knowledgeable manner. I have banked with them for about fifteen years and do not intend to change.

Full review

IMB handles all my banking needs in a professional, courteous and knowledgeable manner. I have banked with them for about fifteen years and do not intend to change.

    Price   10 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Carolyn (NSW), reviewed about 6 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

IMB is local, available, reliable and trustworthy. Because of my experience with IMB I would look at their products first before researching others. IMB the starting point for reliability and trustworthiness!

Full review

IMB is local, available, reliable and trustworthy. Because of my experience with IMB I would look at their products first before researching others. IMB the starting point for reliability and trustworthiness!

    Price   10 / 10

    Features   -1 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Heather (NSW), reviewed over 6 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   8 / 10

Early days. So far all is good. No fees etc.

Full review

Early days. So far all is good. No fees etc.

    Price   7 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Ritva (NSW), reviewed over 6 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   9 / 10

I have been a customer of IMB for over 10 years and their service and level of professionalism and integrity are beyond reproach. I intend to stay with IMB and wholeheartedly recommend their services to any prospective customer.

Full review

I have been a customer of IMB for over 10 years and their service and level of professionalism and integrity are beyond reproach. I intend to stay with IMB and wholeheartedly recommend their services to any prospective customer.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Julie (NSW), reviewed over 6 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

I got a real surprise when I had an amount I wanted to put away and was overwhelmed when I was told the current rate. Best one I knew about.

Full review

I got a real surprise when I had an amount I wanted to put away and was overwhelmed when I was told the current rate. Best one I knew about.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Jennifer (NSW), reviewed over 6 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

My local IMB team are extremely helpful, polite and understanding. I would not bank anywhere else.

Full review

My local IMB team are extremely helpful, polite and understanding. I would not bank anywhere else.

    Price   8 / 10

    Features   -1 / 10

    Customer service   10 / 10

    Convenience   -1 / 10

    Trust   10 / 10

Less

Carolyn (NSW), reviewed almost 7 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

IMB term deposits are excellent - no strings and you can get your interest immediately with no penalty it beats all other banks hands down!

Full review

IMB term deposits are excellent - no strings and you can get your interest immediately with no penalty it beats all other banks hands down!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Lorraine (NSW), reviewed over 7 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   9 / 10

The Reward Saver encourages me to save, because if you don't make withdrawals only deposits you receive a bonus high interest rate.

Full review

The Reward Saver encourages me to save, because if you don't make withdrawals only deposits you receive a bonus high interest rate.

    Price   9 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Janine payten (NSW), reviewed over 7 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

there are lots of branches near and the customer service is excellent. No complaints at all

Full review

there are lots of branches near and the customer service is excellent. No complaints at all

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Therese (NSW), reviewed almost 8 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   6 / 10

Highest interest rate for a term deposit twice in a row. The only disadvantage is when reinvesting money, they automatically give you the lowest interest rate available instead of the highest.

Full review

Highest interest rate for a term deposit twice in a row. The only disadvantage is when reinvesting money, they automatically give you the lowest interest rate available instead of the highest.

    Price   8 / 10

    Features   2 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   8 / 10

Less

Marinella (NSW), reviewed about 8 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   10 / 10

It gave a higher interest rate for the wanted term than the 4 majors and St George

Full review

It gave a higher interest rate for the wanted term than the 4 majors and St George

    Price   10 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Mozo reviewer (NSW), reviewed over 9 years ago

IMB Bank

IMB Bank term deposit review

Overall rating   9 / 10

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   9 / 10

Less

Mozo reviewer (NSW), reviewed over 9 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

  • Citi Term Deposit Special

    Citi Term Deposit Special

    • Competitive 6 month rate for new to bank funds
    • $0 Setup and account-keeping fees
    • Guaranteed interest rate

    interest rate*

    2.80% p.a.
    6 months

    Minimum deposit

    $100,000

    Go to site

    More info

    • Competitive 6 month rate for new to bank funds
    • $0 Setup and account-keeping fees
    • Guaranteed interest rate
    • Maximum deposit: $2,000,000
    • Can interest be paid to another bank?: no
    • Automatic rollover: yes
    Overall rating

    9.0

    Based on 3 Citi term deposit reviews

    Need more information?
    Go to site

    More info

  • MyState Online Term Deposit

    MyState Online Term Deposit

    • No set-up or account keeping fees
    • Apply online in minutes
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government

    interest rate*

    2.73% p.a.
    8 months

    Minimum deposit

    $5,000

    Go to site

    More info

    • No set-up or account keeping fees
    • Apply online in minutes
    • Deposits up to $250,000 per customer are guaranteed by the Australian Government
    • Maximum deposit: $5,000,000
    • Can interest be paid to another bank?: yes
    • Automatic rollover: yes
    Overall rating

    8.9

    Based on 7 MyState term deposit reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    firstmac Term Deposit

    firstmac Term Deposit

    • Minimum investment $5,000 to lock in a fixed rate of return
    • Safe and secure with an Australian Government Guarantee
    • Flexible terms, choose from 30 days, 60 days, 90 days, 6 months, 9 months, 12 months and 24 months

    interest rate*

    2.75% p.a.
    2 years

    Minimum deposit

    $5,000

    Go to site

    More info

    • Minimum investment $5,000 to lock in a fixed rate of return
    • Safe and secure with an Australian Government Guarantee
    • Flexible terms, choose from 30 days, 60 days, 90 days, 6 months, 9 months, 12 months and 24 months
    • Maximum deposit: $5,000,000
    • Can interest be paid to another bank?: yes
    • Automatic rollover: yes
    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    UBank Term Deposit

    UBank Term Deposit

    • No fees whatsoever
    • Choice of a 1, 3, 6, 9 or 12-month term for deposits from $1,000 - $2 million
    • Quick and easy account opening process

    interest rate*

    2.80% p.a.
    6 months

    Minimum deposit

    $1,000

    Go to site

    More info

    • No fees whatsoever
    • Choice of a 1, 3, 6, 9 or 12-month term for deposits from $1,000 - $2 million
    • Quick and easy account opening process
    • Maximum deposit: $2,000,000
    • Can interest be paid to another bank?: Yes
    • Automatic rollover: Yes
    Overall rating

    7.7

    Based on 18 UBank term deposit reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2016

    ME Term Deposit

    ME Term Deposit

    • No set-up fees
    • Choose a term from 1 month to 5 years
    • Apply online in minutes. No account keeping fees

    interest rate*

    2.80% p.a.
    1 year

    Minimum deposit

    $1,000

    Go to site

    More info

    • No set-up fees
    • Choose a term from 1 month to 5 years
    • Apply online in minutes. No account keeping fees
    • Maximum deposit: $2,000,000
    • Can interest be paid to another bank?: yes
    • Automatic rollover: yes
    Overall rating

    7.2

    Based on 18 ME term deposit reviews

    Need more information?
    Go to site

    More info

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