7.8 / 10

based on 867 reviews as rated by Mozo community

Bank of Melbourne term deposits

Formerly St.George in Victoria, The Bank of Melbourne provides a banking alternative to customers with its large range of products in home, personal and business banking. Based in Victoria the Bank of Melbourne offers its customers bank accounts, credit cards, term deposits, private banking services, home loans and personal loans.

Bank of Melbourne offers the following term deposits

Rates and fees verified as correct at 28 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

0.35% p.a.10 months

$1,000.00

yes

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

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How are Bank of Melbourne term deposits rated?

Mozo users have rated Bank of Melbourne term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of term-deposits
Bank of Melbourne term deposits
Overall
8.1/10
Price
Features
Customer service
Convenience
Trust

8 Reviews

Recent Bank of Melbourne term deposit reviews

Bank of Melbourne Term Deposit review
Overall 8/10
Very competive

Personal service approach.

Read full review

Personal service approach.

Price
8/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
C, Victoria reviewed over 5 years ago
Bank of Melbourne Term Deposit review
Overall 6/10
Good customer service

I have a term deposit with this bank, I like this bank because I get good service regardless of which way I contact this bank, I do have one gripe and that is I feel the interest rates are a bit low.

Read full review

I have a term deposit with this bank, I like this bank because I get good service regardless of which way I contact this bank, I do have one gripe and that is I feel the interest rates are a bit low.

Price
4/10
Features
4/10
Customer service
6/10
Convenience
6/10
Trust
6/10
Less
Richard, Victoria reviewed over 5 years ago
Bank of Melbourne Term Deposit review
Overall 10/10
Bank of Melbourne are for me!!!!!

Friendly helpful reassuring so glad I bank with Bank of Melbourne

Read full review

Friendly helpful reassuring so glad I bank with Bank of Melbourne

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Sandra, reviewed almost 6 years ago
Bank of Melbourne Term Deposit review
Overall 8/10
Good rate and communication

The rate is competitive and the bank calls me near maturity . This is very convenient for me .

Read full review

The rate is competitive and the bank calls me near maturity . This is very convenient for me .

Price
9/10
Features
6/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Sam, reviewed over 6 years ago

Term deposit quick links