NAB term deposit reviews

NAB
NAB's overall rating for term deposits

(as rated by the Mozo community)

7.6 / 10

based on 115 reviews

Price

Features

Customer service

Convenience

Trust

Featured term deposit from NAB

Recent NAB term deposit reviews

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.

They have local branches for easy access and fast assistance.

    Price   8 / 10

    Features   / 10

    Customer service   / 10

    Convenience   / 10

    Trust   / 10

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Roger (QLD), reviewed about 1 month 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

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 (VIC), reviewed 11 months 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.

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 (NSW), reviewed 12 months 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.

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

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Eden (QLD), reviewed 12 months ago

NAB

NAB term deposit review

Overall rating   2 / 10

Not willing to negotiate rates

Will not offer better rates to old customers

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 (NSW), reviewed 12 months 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

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

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Nigel (NSW), reviewed about 1 year ago

NAB

NAB term deposit review

Overall rating   6 / 10

Good personal service.

Provides good personal service.

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 (VIC), reviewed about 1 year 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.

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 (VIC), reviewed about 1 year 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.

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

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Edmund (NSW), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   8 / 10

Great customer service

They are efficient and helpful at all times.

They are efficient and helpful at all times.

    Price   9 / 10

    Features   5 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Bernice (NSW), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   6 / 10

Great local service at local Branch

Good rates and friendly staff.

Good rates and friendly staff.

    Price   7 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   5 / 10

    Trust   6 / 10

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Sammy (VIC), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   7 / 10

They offer competitive options and friendly staff.

I am usually happy with the rates offered at this bank. If I have a query or problem and need to go into my local branch, the staff are generally very friendly and helpful. They are usually busy and I have to wait longer than I would like, but...

I am usually happy with the rates offered at this bank. If I have a query or problem and need to go into my local branch, the staff are generally very friendly and helpful. They are usually busy and I have to wait longer than I would like, but when I am served the staff are apologetic and helpful. They are doing their best.

    Price   9 / 10

    Features   8 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   7 / 10

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Jen (WA), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   9 / 10

NAB has competitive premiums and excellent service

As with other services NAB has provided us, we cannot complain about anything. NAB has always gone out of their way to assist us and given excellent service at all times.

As with other services NAB has provided us, we cannot complain about anything. NAB has always gone out of their way to assist us and given excellent service at all times.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Mrs (VIC), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   10 / 10

Great Customer Service

Ideal location.

Ideal location.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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George (VIC), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   8 / 10

Seventy percentage satisfactory

Need some comparisons.

Need some comparisons.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

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Faitele (NSW), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   9 / 10

Multiple products and accounts over many years

Multiple products and accounts over many years.

Multiple products and accounts over many years.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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James (NSW), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   5 / 10

I'll be looking for a better rate.

There are probably better deals else where, it's simply convenient.

There are probably better deals else where, it's simply convenient.

    Price   5 / 10

    Features   5 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   6 / 10

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Graham (QLD), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   10 / 10

Competitive interest rates and charges.

Good service, prompt solving of problems.

Good service, prompt solving of problems.

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

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John (VIC), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   10 / 10

Great customer service and options well explained

All the staff have been very good at explaining any questions I have regarding the best accounts for my use.

All the staff have been very good at explaining any questions I have regarding the best accounts for my use.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Bev (VIC), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   5 / 10

Great customer service

Not very attractive interest rates considering that they lend our money at higher rates than they give us.

Not very attractive interest rates considering that they lend our money at higher rates than they give us.

    Price   5 / 10

    Features   3 / 10

    Customer service   7 / 10

    Convenience   5 / 10

    Trust   8 / 10

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Margaret (QLD), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   5 / 10

Customer service could be improved.

Compare other banks first. They will give better rates if they think you are going to leave them.

Compare other banks first. They will give better rates if they think you are going to leave them.

    Price   2 / 10

    Features   7 / 10

    Customer service   5 / 10

    Convenience   7 / 10

    Trust   3 / 10

Less

Kerrie (QLD), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   7 / 10

Good service

Staff know you and are always helpful.

Staff know you and are always helpful.

    Price   6 / 10

    Features   5 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

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Mick (QLD), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   10 / 10

Be one of his family .. Cheers!

It' s wonderful to join for a healthy future.

It' s wonderful to join for a healthy future.

    Price   -1 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Fadi (NSW), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   8 / 10

Good interest rate

Good provider.

Good provider.

    Price   7 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Karen (WA), reviewed over 1 year ago

NAB

NAB term deposit review

Overall rating   8 / 10

Excellent service

Informative and trustworthy, excellent customer service.

Informative and trustworthy, excellent customer service.

    Price   10 / 10

    Features   0 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

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Lesia (SA), reviewed over 1 year ago

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Term deposit comparisons on Mozo Rates updated daily

  • MOZO EXPERTS CHOICE AWARDS 2016

    ME Term Deposit

    ME Term Deposit

    • Experts Choice Winner - Short Term Deposit 2016
    • Choose a term from 1 month to 5 years
    • Apply online in minutes. No account keeping fees

    interest rate*

    2.90% p.a.
    1 year

    Go to site

    More info

    • Experts Choice Winner - Short Term Deposit 2016
    • Choose a term from 1 month to 5 years
    • Apply online in minutes. No account keeping fees
    • Minimum deposit: $1,000
    • Maximum deposit: $1,000,000
    • 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

  • firstmac Term Deposit

    firstmac Term Deposit

    • Flexible terms, choose from 30 days, 60 days, 90 days, 6 months, 9 months, 12 months and 24 months
    • Lock in your return - a secure fixed rate for the length of the term
    • Safe and secure with an Australian Government Guarantee

    interest rate*

    2.85% p.a.
    1 year

    Go to site

    More info

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

    More info

  • Citibank Term Deposit

    Citibank Term Deposit

    • Minimum investment $75,000, 31 day notice period applies
    • No establishment or account keeping fees
    • Feel secure in your investment, with guaranteed returns at maturity.

    interest rate*

    2.80% p.a.
    6 months

    Go to site

    More info

    • Minimum investment $75,000, 31 day notice period applies
    • No establishment or account keeping fees
    • Feel secure in your investment, with guaranteed returns at maturity.
    • Minimum deposit: $75,000
    • Maximum deposit: $2,000,000
    • Can interest be paid to another bank?: no
    • Automatic rollover: yes
    Overall rating

    9.0

    Based on 3 Citibank term deposit reviews

    Need more information?
    Go to site

    More info

  • Bank Australia Term Deposit

    Bank Australia Term Deposit

    • High interest rate
    • Short investment term of 3 months for investments over $5K
    • Interest paid at maturity

    interest rate*

    2.65% p.a.
    1 year

    Go to site

    More info

    • High interest rate
    • Short investment term of 3 months for investments over $5K
    • Interest paid at maturity
    • Minimum deposit: $5,000
    • Maximum deposit: $49,999
    • Can interest be paid to another bank?: no
    • Automatic rollover: yes
    Overall rating

    6.3

    Based on 3 Bank Australia term deposit reviews

    Need more information?
    Go to site

    More info

  • Westpac Term Deposit

    Westpac Term Deposit

    • No set up, monthly service or management fees
    • Pick the term from one week to 5 years
    • Choose to invest from $5,000 or more

    interest rate*

    2.35% p.a.
    1 year

    Go to site

    More info

    • No set up, monthly service or management fees
    • Pick the term from one week to 5 years
    • Choose to invest from $5,000 or more
    • Minimum deposit: $5,000
    • Maximum deposit: $249,999
    • Can interest be paid to another bank?: yes
    • Automatic rollover: yes
    Overall rating

    7.3

    Based on 99 Westpac term deposit reviews

    Need more information?
    Go to site

    More info

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