| 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 $10,000,000) |
$5,000.00 |
yes |
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.
I made two attempts to open a term deposit on-line with this lot. First attempt was slow as the flotilla of intrusive questions had me searching for various documents. I was logged out on the 7th page of the questions with the software claiming that there "...was no activity for an extended period...". None of my input was saved! I gritted my teeth and restarted and I was really quick this time. On the 7th page the moronic software again claimed that there was "...no activity for an extended period...", and logged me off. This was absolute nonsense. Never again. I logged on to Judo Bank and invested my money there without a problem in just a few minutes.
Read full reviewI made two attempts to open a term deposit on-line with this lot. First attempt was slow as the flotilla of intrusive questions had me searching for various documents. I was logged out on the 7th page of the questions with the software claiming that there "...was no activity for an extended period...". None of my input was saved! I gritted my teeth and restarted and I was really quick this time. On the 7th page the moronic software again claimed that there was "...no activity for an extended period...", and logged me off. This was absolute nonsense. Never again. I logged on to Judo Bank and invested my money there without a problem in just a few minutes.
Great interest rate with no fixed term.
Read full reviewGreat interest rate with no fixed term.
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 reviewI 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.