7.6/10

Based on 2114 BankSA product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

BankSA term deposits

BankSA is the largest financial institution in South Australia, and boasts the largest network of branches and ATMs in the state. BankSA aims to help South Australians get the best from their money, and offers a wide range of bank accounts, home loans, personal loans, credit cards and other financial services.

BankSA offers the following term deposits

Rates and fees verified as correct at 23 July 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

4.30% p.a.1 year ($1,000 to $2,000,000)

$1,000.00

yes

Term Deposit - Special Offer

4.80% p.a.1 year ($1,000 to $5,000,000)

$1,000.00

yes

How are BankSA term deposits rated?

Mozo users have rated BankSA 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
BankSA term deposits customer reviews
Overall
7.7/10
Price
7.2/10
Features
6.0/10
Customer service
7.9/10
Convenience
7.9/10
Trust
8.1/10
Based on 54 BankSA 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 BankSA term deposit reviews

BankSA Term Deposit
Overall 10/10
Amazing Advice

Have had a term deposit for 13 years when bank sa set it up to me. Every time of renewal with my term deposit they thoroughly give me the best advice on what would work best for my product. As a result of bank sa explaining everything to me I have managed to have a healthy investment in my term deposit

Read full review

Have had a term deposit for 13 years when bank sa set it up to me. Every time of renewal with my term deposit they thoroughly give me the best advice on what would work best for my product. As a result of bank sa explaining everything to me I have managed to have a healthy investment in my term deposit

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Kelly, South Australia, reviewed 12 months ago
BankSA Term Deposit
Overall 10/10
It's very good.

I would recommend BankSA more than any other bank.

Read full review

I would recommend BankSA more than any other bank.

Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Tom, South Australia, reviewed over 4 years ago
BankSA Term Deposit
Overall 7/10
Great service but needs to be more competitive.

Not the most competitive term deposit rates available. Good customer service and access to Branches & ATMs.

Read full review

Not the most competitive term deposit rates available. Good customer service and access to Branches & ATMs.

Price
6/10
Features
5/10
Customer service
8/10
Convenience
9/10
Trust
8/10
Less
Eric, South Australia, reviewed over 4 years ago
BankSA Term Deposit
Overall 3/10
You can get better from other banks

Very low interest rate.

Read full review

Very low interest rate.

Price
6/10
Features
5/10
Customer service
1/10
Convenience
2/10
Trust
2/10
Less
Michelle, South Australia, 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