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Australian Military Bank Term Deposit

In partnership with AFSL 459645
About Cashwerkz

This Term Deposit offer is available to Mozo customers from Cashwerkz, the secure online marketplace for cash investments, regulated by ASIC (AFSL 459645). You do not pay a fee to use Cashwerkz. Your Term Deposit funds will be deposited directly with your chosen financial institution, in your name, and the funds are never held by Cashwerkz.

Best rate (up to 1 year)
1.70% p.a.1 year
Interest paid to another bank?
yes
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Details

Rates and fees information correct as at 1 June 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 1.20% p.a. ($50,000 to $2,000,000)

  • 1.20% p.a. ($50,000 to $2,000,000)

  • 1.20% p.a. ($50,000 to $2,000,000)

  • 1.25% p.a. ($50,000 to $2,000,000)

  • 1.25% p.a. ($50,000 to $2,000,000)

  • 1.25% p.a. ($50,000 to $2,000,000)

  • 1.25% p.a. ($50,000 to $2,000,000)

  • 1.25% p.a. ($50,000 to $2,000,000)

  • 1.25% p.a. ($50,000 to $2,000,000)

  • 1.15% p.a. ($50,000 to $2,000,000)

  • 1.10% p.a. ($50,000 to $2,000,000)

Other financial bits
  • $50,000.00

  • $2,000,000.00

Features
  • cheque, direct credit

  • yes

  • yes

  • none

  • none

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

Customer Reviews

How are Australian Military Bank term deposits rated by the Mozo community?

Overall customer rating
5.8/10
Price
6.4/10
Features
6.2/10
Customer service
6.9/10
Convenience
5.8/10
Trust
5.8/10

Latest reviews of Australian Military Bank Term Deposit

  • Overall 8/10
    Competitive rates but limited access

    Highly competitive term deposit rates and very good customer service. Although there are limited branches which makes it hard to get to at times.

    Read full review

    Highly competitive term deposit rates and very good customer service. Although there are limited branches which makes it hard to get to at times.

    Price
    9/10
    Features
    9/10
    Customer service
    9/10
    Convenience
    5/10
    Trust
    9/10
    Less
    Evadne, Queensland reviewed almost 7 years ago
  • Overall 9/10
    Excellent product and interest rate

    Excellent product providing a good interest rate. My only suggestion for improvement is for ADCU to make contact when the term deposit is due to see if it is to be re-invested.

    Read full review

    Excellent product providing a good interest rate. My only suggestion for improvement is for ADCU to make contact when the term deposit is due to see if it is to be re-invested.

    Price
    10/10
    Features
    10/10
    Customer service
    8/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Paula, Victoria reviewed over 7 years ago
Australian Military Bank

About Australian Military Bank

Australian Military Bank (previously known as ADCU) offers financial products to members of the Australian Defence Force, civilian employees, defence contractors and their families. As well as offering services to people associated with the defence force, the provider welcomes other individuals. Australian Military Bank offers a comprehensive range of saving and investment accounts, loans, insurance and financial advice especially designed for its members.

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Yesup to $250,000