Rates and fees verified as correct at 23 May 2022. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate | Maximum rate | Govt deposit guarantee |
|---|---|---|---|
| Bonus Saver |
0.01% p.a.(for $1 and over) |
0.51% p.a. (for $1 and over) |
Yes up to $250,000 |
| Cash Management |
0% p.a.(for $0 to $100,000) |
No Current Offer |
Yes up to $250,000 |
| iNet Saver |
0% p.a.(for $0 to $100,000) |
No Current Offer |
Yes up to $250,000 |
Mozo users have rated G&C Mutual Bank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
30 Reviews
I was trying to contact the bank on a Saturday morning to stop a payment which I stupidly got scammed into. They only operate during business hours so my $500 is long gone if it was salvageable. I contacted lost cards but they couldn't help as she stated they are a third party service. Not good enough!
Read full reviewI was trying to contact the bank on a Saturday morning to stop a payment which I stupidly got scammed into. They only operate during business hours so my $500 is long gone if it was salvageable. I contacted lost cards but they couldn't help as she stated they are a third party service. Not good enough!
I've been with G&C Mutual Bank for 49 years and they have given me excellent service with home loans, personal loans and the management of my money. I have had my salary deposited with them since that option became available. I would definitely recommend them as a banking institution.
Read full reviewI've been with G&C Mutual Bank for 49 years and they have given me excellent service with home loans, personal loans and the management of my money. I have had my salary deposited with them since that option became available. I would definitely recommend them as a banking institution.
I have been a customer with G&C (formerly SGECU) for many, many years. I was shocked recently how easy it was for someone to actually hack into my internet banking account and steal a substantial sum of money. Nearly two months have passed and I'm still waiting for a resolution. On calling to ask why it is taking so long I received a rather bewildered response from customer service rep - "I don't know why (!?)" After emailing their complaints department, I received a rather short reply - "We are still waiting on the other bank to respond." The other bank being the host to the fraudulent account my money was transferred to. I also received the stock reply - "We are taking your claim very seriously, but need to follow bank protocols..." It's ironic that G&C's protocols seem to better serve those criminals who hacked my account than myself as a genuine customer - they are more likely to have disappeared a long time ago before G&C took the time to act. How can you possibly trust this bank with your money?
Read full reviewI have been a customer with G&C (formerly SGECU) for many, many years. I was shocked recently how easy it was for someone to actually hack into my internet banking account and steal a substantial sum of money. Nearly two months have passed and I'm still waiting for a resolution. On calling to ask why it is taking so long I received a rather bewildered response from customer service rep - "I don't know why (!?)" After emailing their complaints department, I received a rather short reply - "We are still waiting on the other bank to respond." The other bank being the host to the fraudulent account my money was transferred to. I also received the stock reply - "We are taking your claim very seriously, but need to follow bank protocols..." It's ironic that G&C's protocols seem to better serve those criminals who hacked my account than myself as a genuine customer - they are more likely to have disappeared a long time ago before G&C took the time to act. How can you possibly trust this bank with your money?
I have been with the SGE Credit union since 1986 and was happy with them till it went to G&C mutual bank. As is normal with take overs, renaming etc, the first thing that suffers is customer service as the priority then becomes cutting staff and better monies for the directors. I think all the staff have now been issued with idiot cards that they have to read out and comply with no matter what, the biggest joke of all is the tape you listen to when waiting on the line "We at G&C want to hear your suggestions on how to improve our service ha ha". My answer to that is give me the service you gave me 20 years ago. While I am at it why does a tax cheque 10 days to clear? Anyway enough said I am now going to another bank I can't handle the frustration any longer.
Read full reviewI have been with the SGE Credit union since 1986 and was happy with them till it went to G&C mutual bank. As is normal with take overs, renaming etc, the first thing that suffers is customer service as the priority then becomes cutting staff and better monies for the directors. I think all the staff have now been issued with idiot cards that they have to read out and comply with no matter what, the biggest joke of all is the tape you listen to when waiting on the line "We at G&C want to hear your suggestions on how to improve our service ha ha". My answer to that is give me the service you gave me 20 years ago. While I am at it why does a tax cheque 10 days to clear? Anyway enough said I am now going to another bank I can't handle the frustration any longer.
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