I got rapid pre-approval after applying for a loan to buy land and build, and receiving assurances from MyState I had 12 months to build. So I went ahead and put an offer on a block of land in, only to be told a week before the cooling off deadline some 6 weeks later, that I needed a building contract or the loan wasn't going to happen! So I had to go ahead and just purchase the land, thereby forgoing my ability to access the First Home Guarantee, and that meant I have to conveniently pay MyState $15k in LMI. Then they tell me 3 days before the deadline that I have to come up with 10% deposit, not 5% because I'm buying in a regional area which they don't like. Then they say even though I'm paying for their valuation, which came back as $15k higher than I'm paying the vendor, they're not going to take it into account. Why? They don't feel like it. A dodgier pack of discriminating drip feeding pen-pushers I have never met. They've had the application for 50+ days and counting. All for someone with zero debts.
More MyState Bank home loan customer reviewsFor some reason, MyState Bank no longer messages you to say bonus interest in unlocked for the month. Each month I complain, and each month I get the same generic excuse that " we have a known issue with the system at the moment". This known issue has been going on for almost a year now. I'll be taking this up with the banking ombudsman.
More MyState Bank savings account customer reviewsDo you yearn for the old days of last century when you do your banking? Do you enjoy filling out forms, wasting your time with emails, document scanning and phone calls? Do you enjoy getting slugged by sneaky fees? Do you enjoy systems that have been created to hinder the customer rather than help them? Then MyState Bank is for you. I opened a simple transaction account and a savings account. I'll now be leaving one cent in both so they continue to incur costs to MyState. They are a small bank with no aspirations to be anything else. I don't yearn for the past when it comes to 2022 banking. Tl;Dr Sneaky Fees/low withdrawal limits/Incapable of transacting without paper/Poor app/Bad Customer Comms. To rephrase an ad logo from the past - "Just don't do it!"
More MyState Bank bank account customer reviewsImpossible to ring and ask for any service, by far the worst phone service. I have known, even worse than Telstra....and they are huge....
More MyState Bank credit card customer reviewsAppalling that Im not able to sacrifice all interest earned to withdraw my term deposit before maturity. Why not tell me this before making me fill out and submit forms which were a waste of time? Terrible customer service. Won't trust them with a cent of my money in the future.
More MyState Bank term deposit customer reviewsI am tired of getting 30 dollar fees when my loan's are slightly overdrawn. Rather than helping me to put all my debts in one account they won't lend me the fund's because I am on a disability pension & they don't seem to care. I am human not a Robot l need food, power, etc. Please help me.
More MyState Bank personal loan customer reviewsI have dealt with them for a long time and have never had any problems
More MyState Bank debit card customer reviewsNot flexible on incomes without co loaner but overall very helpful and satisfying experience.
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