Thumbnail icon for Teachers Mutual Bank

Teachers Mutual Bank Term deposit reviews

Overall rating
8.4/10
Price
8.1/10
Features
6.7/10
Customer service
8.5/10
Convenience
7.6/10
Trust
8.9/10
Based on 33 reviews as rated by the Mozo community.

Recent Teachers Mutual Bank term deposit reviews

Sort reviews by: date | star rating
  • Teachers Mutual Bank Term Deposit review

    Overall rating   7 / 10
    Competitive rates for teachers

    The institution is well established and has an excellent record.

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    9 / 10
    Convenience
    8 / 10
    Trust
    8 / 10
    Less
    Lynette, Tasmania, reviewed almost 2 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   7 / 10
    Competitive rates for teachers

    The institution is well established and has an excellent record.

    Price
    8 / 10
    Features
    7 / 10
    Customer service
    9 / 10
    Convenience
    8 / 10
    Trust
    8 / 10
    Less
    Lynette, Victoria, reviewed almost 2 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   10 / 10
    Competitive and great service

    Very helpful.

    Price
    8 / 10
    Features
    8 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Susan, New South Wales, reviewed over 4 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   4 / 10
    No longer a caring Teachers Credit Union

    No communication, fees are high and change with no notice.

    Price
    5 / 10
    Features
    5 / 10
    Customer service
    4 / 10
    Convenience
    0 / 10
    Trust
    4 / 10
    Less
    Helen, Victoria, reviewed over 4 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   10 / 10
    Great service

    Excellent in every way.

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    9 / 10
    Convenience
    9 / 10
    Trust
    10 / 10
    Less
    Geoffrey, New South Wales, reviewed about 5 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   5 / 10
    Great customer service.

    Unfortunately, Term Deposits are a poor investment option as cash rates are so very low. At least my TDs pay above the cash rate but I am penalised for having been a saver and wanting liquidity without all the hassle of trading shares and other time consuming paperwork. Term deposits are a means of maintaining liquidity for unforeseen events or for buying into reasonable aged care if or when it is required. The financial institution I use has excellent staff, offer other products and services, are professional, patient, friendly and above all trustworthy. As a self funded retiree the returns do not keep pace with inflation and savings are "penalised" by Centrelink which currently "deems" savings at 2.5% and 3% above a certain limit. Financial advisers suggest putting one's savings into bank shares as the dividends are so much better but the bank profits are obscene.

    Price
    7 / 10
    Features
    7 / 10
    Customer service
    8 / 10
    Convenience
    7 / 10
    Trust
    8 / 10
    Less
    Lis, New South Wales, reviewed about 5 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   9 / 10
    The best service and help in managing a tight time

    Amazing service at Teacher Mutual Bank. Committed to helping teachers. They helped me when none other would many years ago and I have never looked back. Our regional head supports actively a Positive Behaviour For Learning framework which now operates I many Hunter schools, most successfully. This is very impressive.

    Price
    7 / 10
    Features
    8 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Lynley, New South Wales, reviewed about 5 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   10 / 10
    Super customer service

    The staff are up to date on what is happening around the globe. I have been with them since 1976 and the support they have given me is amazing.

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    10 / 10
    Convenience
    9 / 10
    Trust
    10 / 10
    Less
    Elaine, New South Wales, reviewed over 5 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   10 / 10
    as above

    Completely honest and competitive

    Price
    9 / 10
    Features
    9 / 10
    Customer service
    9 / 10
    Convenience
    9 / 10
    Trust
    10 / 10
    Less
    Robert, New South Wales, reviewed over 5 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   10 / 10
    Competitive features and great customer service

    Competitive features and great customer service

    Price
    10 / 10
    Features
    10 / 10
    Customer service
    10 / 10
    Convenience
    10 / 10
    Trust
    10 / 10
    Less
    Janelle, New South Wales, reviewed over 5 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   5 / 10
    Teachers use it for a reason

    I've been with think bank since I was a baby (the day i was born my grandmother opened an account for me) and the bank has always been reliable and everyone in my family has an account with them.

    Price
    4 / 10
    Features
    4 / 10
    Customer service
    2 / 10
    Convenience
    2 / 10
    Trust
    7 / 10
    Less
    Jasmine, New South Wales, reviewed almost 6 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   9 / 10
    Would never change banks

    Have complete trust and faith in Teachers Mutual Bank.

    Price
    7 / 10
    Features
    7 / 10
    Customer service
    8 / 10
    Convenience
    8 / 10
    Trust
    10 / 10
    Less
    Terry, New South Wales, reviewed almost 6 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   9 / 10
    Higher interest rates and great customer service

    The Teachers' Mutual Bank usually offers higher interest rates than their competitors on fixed deposits. It is a pleasure to do business with them when this is combined with their convenience and friendly, reliable service.

    Price
    8 / 10
    Features
    6 / 10
    Customer service
    9 / 10
    Convenience
    5 / 10
    Trust
    10 / 10
    Less
    Robert, New South Wales, reviewed about 6 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   9 / 10
    Safe, secure, competitive in the market place

    Wide product range, excellent, competitive interest rates, safe, offers special deals.

    Price
    9 / 10
    Features
    8 / 10
    Customer service
    8 / 10
    Convenience
    8 / 10
    Trust
    10 / 10
    Less
    Susanne, New South Wales, reviewed over 6 years ago
  • Teachers Mutual Bank Term Deposit review

    Overall rating   8 / 10
    Great product range and customer service.

    Great customer service and product range.

    Price
    8 / 10
    Features
    8 / 10
    Customer service
    7 / 10
    Convenience
    9 / 10
    Trust
    7 / 10
    Less
    Christine, New South Wales, reviewed over 6 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*
      1.05% p.a.
      3 months
      Minimum deposit
      $10,000
      Govt Deposit Guarantee
      Yesup to $250,000

      Promoted
    • Term Deposit

      interest rate*
      1.00% p.a.
      6 months
      Minimum deposit
      $25,000
      Govt Deposit Guarantee
      Yesup to $250,000

      Promoted
    • Term Deposit

      interest rate*
      1.15% p.a.
      1 year
      Minimum deposit
      $10,000
      Govt Deposit Guarantee
      Yesup to $250,000

      Promoted
    • Term Deposit

      interest rate*
      1.20% p.a.
      6 months
      Minimum deposit
      $25,000
      Govt Deposit Guarantee
      Yesup to $250,000

      Promoted
    • Term Deposit

      interest rate*
      0.95
      Minimum deposit
      $25,000
      Govt Deposit Guarantee
      Yesup to $250,000

      Promoted

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

    Want more? Compare all 88 term deposits in the Mozo comparison engine.

    Compare more term deposits

    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.