NAB term deposit reviews

NAB
NAB's overall rating for term deposits

(as rated by the Mozo community)

7.4 / 10

based on 321 reviews

Price

Features

Customer service

Convenience

Trust

Featured term deposit from NAB

Recent NAB term deposit reviews

NAB

NAB Term Deposit review

Overall rating   8 / 10

Fantastic

Quiet happy with NAB. Gave me a great interest rate for my term deposit.

Full review

Quiet happy with NAB. Gave me a great interest rate for my term deposit.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Debbie, Queensland, reviewed 7 months ago

NAB

NAB Classic Banking Account (with Standard Visa Debit Card) Term Deposit review

Overall rating   10 / 10

Excellent bank, no hassles, very happy

Very happy ,no faults

Full review

Very happy ,no faults

    Price   10 / 10

Less

Bruce, Western Australia, reviewed almost 2 years ago

NAB

NAB Term Deposit review

Overall rating   9 / 10

Good staff to deal with

just good people to deal with

Full review

just good people to deal with

    Price   8 / 10

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Mark, South Australia, reviewed about 2 years ago

NAB

NAB Term Deposit review

Overall rating   9 / 10

Convenient and easy to bank with

They have local branches for easy access and fast assistance.

Full review

They have local branches for easy access and fast assistance.

    Price   8 / 10

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Roger, Queensland, reviewed over 2 years ago

NAB

NAB Term Deposit review

Overall rating   10 / 10

    Price   10 / 10

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Abhishek, Victoria, reviewed over 2 years ago

NAB

NAB Term Deposit review

Overall rating   5 / 10

Great customer service

Great friendly service but have you have to go into the bank each time to roll over a term deposit

Full review

Great friendly service but have you have to go into the bank each time to roll over a term deposit

    Price   5 / 10

    Features   6 / 10

    Customer service   9 / 10

    Convenience   5 / 10

    Trust   5 / 10

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Deb, Victoria, reviewed about 3 years ago

NAB

NAB Term Deposit review

Overall rating   7 / 10

Good as bank but I'd go elsewhere for management.

Customer service is OK, but they don't go out of their way for you. Term deposits are a good idea but if you have to call on funds for an emergency then look elsewhere because NAB drags it out as long as they can.

Full review

Customer service is OK, but they don't go out of their way for you. Term deposits are a good idea but if you have to call on funds for an emergency then look elsewhere because NAB drags it out as long as they can.

    Price   5 / 10

    Features   7 / 10

    Customer service   4 / 10

    Convenience   7 / 10

    Trust   7 / 10

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Paul, New South Wales, reviewed about 3 years ago

NAB

NAB Term Deposit review

Overall rating   8 / 10

Best customer service of the two banks I use

You have to push very hard to get 3% or better. I even offered to move my account down the road.

Full review

You have to push very hard to get 3% or better. I even offered to move my account down the road.

    Price   5 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   7 / 10

Less

Eden, Queensland, reviewed about 3 years ago

NAB

NAB Term Deposit review

Overall rating   2 / 10

Not willing to negotiate rates

Will not offer better rates to old customers

Full review

Will not offer better rates to old customers

    Price   3 / 10

    Features   3 / 10

    Customer service   2 / 10

    Convenience   2 / 10

    Trust   3 / 10

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Carol, New South Wales, reviewed about 3 years ago

NAB

NAB Term Deposit review

Overall rating   7 / 10

Lots of choice with deposit products

Not the best rates but quite competitive, good service and ease of use

Full review

Not the best rates but quite competitive, good service and ease of use

    Price   6 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Nigel, New South Wales, reviewed over 3 years ago

NAB

NAB Term Deposit review

Overall rating   6 / 10

Good personal service.

Provides good personal service.

Full review

Provides good personal service.

    Price   6 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   6 / 10

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Chandra, Victoria, reviewed over 3 years ago

NAB

NAB Term Deposit review

Overall rating   9 / 10

Competitive interest rates.

Own shares in this bank so trust them with my savings to offer a good interest rate.

Full review

Own shares in this bank so trust them with my savings to offer a good interest rate.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Jan, Victoria, reviewed over 3 years ago

NAB

NAB Term Deposit review

Overall rating   7 / 10

Term deposit is better suited to a credit union

I don't dislike NAB, however, the interest rate for a term deposit is low, which is standard, but not very enticing. As for the staff, they're good people and service is pretty good.

Full review

I don't dislike NAB, however, the interest rate for a term deposit is low, which is standard, but not very enticing. As for the staff, they're good people and service is pretty good.

    Price   6 / 10

    Features   6 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Ted, New South Wales, reviewed over 3 years ago

NAB

NAB Term Deposit review

Overall rating   8 / 10

Great customer service

They are efficient and helpful at all times.

Full review

They are efficient and helpful at all times.

    Price   9 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Bernice, New South Wales, reviewed over 3 years ago

NAB

NAB Term Deposit review

Overall rating   6 / 10

Great local service at local Branch

Good rates and friendly staff.

Full review

Good rates and friendly staff.

    Price   7 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   5 / 10

    Trust   6 / 10

Less

Sammy, Victoria, reviewed over 3 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

  • 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*

    2.45% p.a.
    1 year

    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

    8.3

    Based on 100 UBank term deposit reviews

    Need more information?
    Go to site

    More info

  • UBank Green Term Deposit

    UBank Green 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*

    2.45% p.a.
    10 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

    8.3

    Based on 100 UBank term deposit reviews

    Need more information?
    Go to site

    More info

  • Citi Term Deposit Special

    Citi Term Deposit Special

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

    interest rate*

    2.70% p.a.
    3 months

    Minimum deposit

    $250,000

    Go to site

    More info

    • Competitive rates 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

    6.7

    Based on 15 Citi term deposit reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    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*

    2.60% p.a.
    7 months

    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

    8.0

    Based on 49 ME term deposit reviews

    Need more information?
    Go to site

    More info

  • MyState Bank Online Term Deposit

    MyState Bank 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*

    2.60% p.a.
    4 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

    8.6

    Based on 27 MyState Bank term deposit reviews

    Need more information?
    Go to site

    More info

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

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

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