Term deposit customer reviews

Read the latest term deposit reviews from the Mozo community. Thousands of Australians have reviewed their term deposit provider to give you the inside story on everything from interest rates to customer service.

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Recent term deposit customer reviews

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  • Judo Bank Term Deposit

    Good service

    I rang this morning to confirm that my account has been set up and the wait on the phone isn't too long and the person on the phone was quite informative and patient.

    Customer service
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    Celine, New South Wales, reviewed about 10 hours ago
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  • ING Term Deposit

    Convenience and performance

    Range of accounts, convenience of savings accounts and day to day accounts together.Ease of using website

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    Jan, South Australia, reviewed 22 days ago
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  • ING Term Deposit

    Convenient and easy to make transactions

    ING has a range of different accounts. The savings maximiser is great for short term goals and the term deposit for long term investment. The online site is so easy to use.

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    Jan, South Australia, reviewed 22 days ago
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  • Commonwealth Bank Term Deposit

    Poor interest rates

    I found products , services , very good the down side is there other places with slity higher interest rates other than that there excellent

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    Scott, Queensland, reviewed about 1 month ago
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  • HSBC Term Deposit

    Exactly what I want

    I love my term deposit accounts. They're easy to manage online, I can choose how long I want to park my money and what to do on expiry. The website is super easy to use and the interest rates are great.

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    Julie, Victoria, reviewed about 1 month ago
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  • Defence Bank Term Deposit

    Best bank I have ever dealt with

    I have been banking with Defence Bank for over 30 years. They have been fantastic to deal with and always friendly and helpful. Their service is excellent and every interaction I have had with them has been positive. I’m so glad I switched to Defence Bank.

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    Carolyn, New South Wales, reviewed about 1 month ago
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  • P&N Bank Term Deposit

    Great service and products treat us like a person

    Great service and products treat us like a person

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    Wayne, Queensland, reviewed about 2 months ago
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  • St.George Term Deposit

    Satisfied

    I have no issue with the bank

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    Ashok, Queensland, reviewed 2 months ago
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  • Commonwealth Bank Term Deposit

    Easy to use, just watch your money grow!

    Very easy to have your accounts all in the one place and to use the online system.

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    Megan, Queensland, reviewed 2 months ago
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  • NAB Term Deposit

    Average return

    Average rate

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    Less
    Jawad, New South Wales, reviewed 4 months ago
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  • P&N Bank Term Deposit

    So easy to deal with and competitive rates

    So easy to deal with and competitive rates

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    Less
    Wayne, Queensland, reviewed 4 months ago
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  • RACQ Bank Term Deposit

    Great term deposit with good interest and security

    The staff at the branch were friendly and informative. I was served quickly and efficiently. I was given relevant information to consider before signing. There was no pressure or impatience.

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    Heather, Queensland, reviewed 4 months ago
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  • Macquarie Term Deposit

    Very Poor Banking Service

    I planned on opening a Term Deposit Account today. I requested Macquarie collect my deposit amount from my ME Bank Account. I wanted to reduce the risk of fraud for me by Macquarie picking up the money. Macquarie Bank said they no longer do this became of the risk of fraud to them !!!! Isn’t that what Banks do as in Customer Service ? Obviously they are not concerned about the customers risk associated with transferring a large amount of money. They now request you open a transaction savings account and transfer the term deposit amount in there and they will pick it up from there. I did not want another savings account and the risk associated with transferring a large amount of money. Very Disappointed with the Service

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    Annie, New South Wales, reviewed 4 months ago
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  • Great Southern Bank Term Deposit

    GSB TDs not suitable for SMSF investments

    Not possible to setup an SMSF Term Deposit online even if you already have an SMSF account with the bank. Their claim of taking just 5 minutes to set up a Term Deposit is false.

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    Anonymous, Australian Capital Territory, reviewed 3 months ago
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  • BCU Bank Term Deposit

    Trustworthy and friendly.

    I feel really safe with this bank. I love the way they phone if they think there’s been an inappropriate purchase. They are so helpful with fraud. They offer excellent interest in short term deposit.

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    Elisabeth, New South Wales, reviewed 5 months ago
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  • 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. Financial providers may, from time to time, offer incentives for reviews, regardless of the sentiment of the reviews.

    Term deposit comparisons on Mozo - rates updated daily

    • Term Deposit

      interest rate
      5.05% p.a.
      6 months
      Minimum deposit
      $1,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted
    • Term Deposit

      interest rate
      4.90% p.a.
      4 months
      Minimum deposit
      $5,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted
    • Standard Term Deposit

      interest rate
      4.90% p.a.
      6 months
      Minimum deposit
      $1,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted
    • Term Deposit

      interest rate
      4.00% p.a.
      6 months
      Minimum deposit
      $5,000
      Govt Deposit Guarantee
      Yes up to $250,000

      Promoted

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

    Browse all 91 term deposits in Mozo's comparison database.

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