8.6/10

Based on 158 Bank of us product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Bank of us term deposits

Bank of us, formerly known as B&E Personal Banking, is a Tasmanian financial institution offering a comprehensive and competitive range of banking products and services designed to meet all your personal banking needs - from fixed interest term deposits to variable rate savings and internet cash management accounts, plus home loans, personal loans and general insurance.

Bank of us offers the following term deposits

Rates and fees verified as correct at 20 June 2024. 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

5.00% p.a.6 months ($5,000 to $24,999)

$5,000.00

yes

How are Bank of us term deposits rated?

Mozo users have rated Bank of us 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 us term deposits customer reviews
Overall
8.3/10
Price
7.8/10
Features
7.2/10
Customer service
8.9/10
Convenience
8.7/10
Trust
8.6/10
Based on 10 Bank of us product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Bank of us term deposit reviews

Bank of us Term Deposit
Overall 1/10
Be careful with term deposits

Be careful with term deposits. My financial advisor invested in me for 3 years. Interest rates after a year started coming up. Bank refused to reinvest for me at a better rate. I was told it was locked in at .8% and that I would just have to wear this for another 2 years. I won't be reinvesting my $240,000 with them ever again. As a self-funded retirees, we were paying huge interest rates when we were young. Now in retirement, we have to endure low interest on our investments. I think the Bank of us could have done better.

Read full review

Be careful with term deposits. My financial advisor invested in me for 3 years. Interest rates after a year started coming up. Bank refused to reinvest for me at a better rate. I was told it was locked in at .8% and that I would just have to wear this for another 2 years. I won't be reinvesting my $240,000 with them ever again. As a self-funded retirees, we were paying huge interest rates when we were young. Now in retirement, we have to endure low interest on our investments. I think the Bank of us could have done better.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
10/10
Trust
1/10
Less
Eileen, Tasmania, reviewed almost 2 years ago
Bank of us Term Deposit
Overall 10/10
BEST bank in Tassie.

They are just easy to deal with in store and over the phone.

Read full review

They are just easy to deal with in store and over the phone.

Price
9/10
Features
9/10
Customer service
9/10
Convenience
8/10
Trust
8/10
Less
Daniel, Tasmania, reviewed almost 4 years ago
Bank of us Term Deposit
Overall 8/10
Great to deal with.

Staff are great.

Read full review

Staff are great.

Price
7/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Linda, Tasmania, reviewed over 4 years ago
Bank of us Term Deposit
Overall 10/10
Great competitive rates, great customer service

This bank offers the best interest rates for a term deposit, with long term savings ideas and excellent personal assistance.

Read full review

This bank offers the best interest rates for a term deposit, with long term savings ideas and excellent personal assistance.

Price
10/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Telina, Tasmania, reviewed about 9 years ago
See all term deposit reviews
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.
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.

Term deposit quick links