BankSA Term Deposit

2.45% p.a.1 year

yes

 

Rates

  • 1.50% p.a. ($1,000 to $250,000)

  • 1.70% p.a. ($1,000 to $250,000)

  • 2.05% p.a. ($1,000 to $250,000)

  • 1.85% p.a. ($1,000 to $250,000)

  • 1.85% p.a. ($1,000 to $250,000)

  • 2.15% p.a. ($1,000 to $250,000)

  • 1.90% p.a. ($1,000 to $250,000)

  • 1.90% p.a. ($1,000 to $250,000)

  • 1.90% p.a. ($1,000 to $250,000)

  • 1.90% p.a. ($1,000 to $250,000)

  • 1.90% p.a. ($1,000 to $250,000)

  • 2.45% p.a. ($1,000 to $250,000)

  • 2.50% p.a. ($1,000 to $250,000)

  • 2.60% p.a. ($1,000 to $250,000)

  • 2.70% p.a. ($1,000 to $250,000)

  • 2.80% p.a. ($1,000 to $250,000)

  • yes

  • yes

  • 31 days notice required if customers want to withdraw their funds before the maturity date.

  • none

About BankSA

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.

How are BankSA term deposits rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
7.0

Based on 18
BankSA term deposits reviews

6.6 5.7 7.3 7.4 7.2

Read BankSA term deposit reviews by the Mozo community

Latest reviews of BankSA Term Deposit

BankSA

BankSA Term Deposit term deposit review

Overall rating   10 / 10

Very good service

Bank SA is close & easy to get to for us, their interest rates are competitive, although at the present time rates are very low for retired people.

Full review

Bank SA is close & easy to get to for us, their interest rates are competitive, although at the present time rates are very low for retired people.

    Price   8 / 10

    Features   0 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Desmond (SA), reviewed over 4 years ago

BankSA

BankSA Term Deposit term deposit review

Overall rating   5 / 10

Good customer service

Although the customer service from the staff is very good, I am not so sure I am getting the best interest available.

Full review

Although the customer service from the staff is very good, I am not so sure I am getting the best interest available.

    Price   5 / 10

    Features   3 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   5 / 10

Less

Anne (SA), reviewed over 4 years ago

BankSA

BankSA Term Deposit term deposit review

Overall rating   10 / 10

Excellent term deposit product

I currently have a term deposit with Bank SA (over a maximum period of six years) which is obtaining an excellent rate of interest (4.78% per annum) and I believe this to be an excellent product. It was very easy to set up and the interest rate is...

Full review

I currently have a term deposit with Bank SA (over a maximum period of six years) which is obtaining an excellent rate of interest (4.78% per annum) and I believe this to be an excellent product. It was very easy to set up and the interest rate is very competitive (few other banks/financial institutions are able to match the interest rate). I am kept informed every six months as to how the deposit is going and I think as far as an investment is concerned, anyone with some spare cash to invest, should seriously consider it.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Ira (SA), reviewed over 4 years ago

BankSA

BankSA Term Deposit term deposit review

Overall rating   8 / 10

Great customer service and competitive features.

The bank manager keeps me in touch personally with any rate changes and gives me advice to save money and make a higher return.

Full review

The bank manager keeps me in touch personally with any rate changes and gives me advice to save money and make a higher return.

    Price   6 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Mozo reviewer (SA), reviewed over 4 years ago

BankSA

BankSA Term Deposit term deposit review

Overall rating   9 / 10

Competitive rates and great branch service

Setup I did in-store. The woman who helped me was great, as she also had to help me with the information on accounts, as I was trying to figure out if I was in the right one. I invested for three months as this pays the highest interest. In three...

Full review

Setup I did in-store. The woman who helped me was great, as she also had to help me with the information on accounts, as I was trying to figure out if I was in the right one. I invested for three months as this pays the highest interest. In three months' time, when it matures, I jump online and I have the option of do nothing and it rolls over for another three months at the best interest rate. Or you have the choice of taking some money out, transferring to one of your other accounts or, you can deposit more funds in if you wish. You have total control of every aspect, they have interest rate page you can check to make sure your getting top $ and then change it if required. You even have some input into what you would like to happen upon your next maturity date. Then just sit back and watch your money grow.

    Price   8 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

David (SA), reviewed over 5 years ago

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. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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

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