Rates and fees verified as correct at 24 November, 2020. Other information correct at the time of writing. Advertiser disclosure.
| Product | Best rate (up to 1 year) | Minimum deposit | Interest paid to another bank? |
|---|---|---|---|
| Term Deposit | 0.75% p.a.1 year | $500.00 | no |
Different interest rates apply to different amounts or different interest payment frequencies.
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Mozo users have rated Bank Australia term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
21 Reviews
Bank Australia has everything I want, and gives me everything I need.
Read full reviewBank Australia has everything I want, and gives me everything I need.
Bank Australia has everything I want, and gives me everything I need.
Read full reviewBank Australia has everything I want, and gives me everything I need.
Fantastic bank, love the fact that its owned by the customers, staff are awesome, just needs more branches. Relatively new bank so that will come with time, hopefully.
Read full reviewFantastic bank, love the fact that its owned by the customers, staff are awesome, just needs more branches. Relatively new bank so that will come with time, hopefully.
They are not fair. To gain maximum interest rate, you MUST transfer money from the account via the internet. Therefore people without access to the internet cannot operate the account and get the same amount of interest as those with electronic devices. Where is the fairness in that? Not everyone can afford electronic devices!!
Read full reviewThey are not fair. To gain maximum interest rate, you MUST transfer money from the account via the internet. Therefore people without access to the internet cannot operate the account and get the same amount of interest as those with electronic devices. Where is the fairness in that? Not everyone can afford electronic devices!!
