8.8 / 10

based on 425 reviews as rated by Mozo community

BankVic term deposits

BankVic, formerly the Police Credit Union VIC, is a mutual bank wholly owned by its members. BankVic offers financial services for people working in police, health, emergency and public services along with their family and friends. Personal banking products available at BankVic include credit cards, home loans, insurance and financial advice.

BankVic offers the following term deposits

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

1.05% p.a.1 year

$5,000.00

yes

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

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.

How are BankVic term deposits rated?

Mozo users have rated BankVic 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
BankVic term deposits
Overall
8.8/10
Price
Features
Customer service
Convenience
Trust

8 Reviews

Recent BankVic term deposit reviews

BankVic Term Deposit review
Overall 10/10
The perfect product for me

Great interest rate with no fixed term.

Read full review

Great interest rate with no fixed term.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Ken, Victoria reviewed about 5 years ago
BankVic Term Deposit review
Overall 7/10
Ok

Ok

Price
7/10
Features
6/10
Customer service
6/10
Convenience
6/10
Trust
6/10
Less
Meme, reviewed almost 6 years ago
BankVic Term Deposit review
Overall 7/10
Good service all the time

I would like the banks pay more interest on tem deposits as they make at least 10 times more .If we didn't put our money in term deposits they probably lose huge amount of profit.

Read full review

I would like the banks pay more interest on tem deposits as they make at least 10 times more .If we didn't put our money in term deposits they probably lose huge amount of profit.

Price
2/10
Features
5/10
Customer service
8/10
Convenience
8/10
Trust
10/10
Less
Rick, Victoria reviewed almost 6 years ago
BankVic Term Deposit review
Overall 9/10

I like doing business with Police Credit Vic because of the lack of fees for most products. The staff both at the branch and when contacting by phone are generally most helpfull. The only negative is the branch locality - the lack of local branches. In all the many years I have had dealings with Police Credit I have never had a bad experience.

Read full review

I like doing business with Police Credit Vic because of the lack of fees for most products. The staff both at the branch and when contacting by phone are generally most helpfull. The only negative is the branch locality - the lack of local branches. In all the many years I have had dealings with Police Credit I have never had a bad experience.

Price
8/10
Features
4/10
Customer service
9/10
Convenience
7/10
Trust
8/10
Less
Marion, Victoria reviewed about 9 years ago

Term deposit quick links