based on 26 Challenger product reviews as rated by Mozo community

Challenger term deposits

Challenger is an online bank providing customers with a range of savings and lending products. Challenger offers competitive interest rates and fees and are Australia's largest provider of annuities. 

Challenger offers the following term deposits

Rates and fees verified as correct at 29 March 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

5.15% p.a.6 months ($25,000 to $1,000,000)

$25,000.00

yes

How are Challenger term deposits rated?

Mozo users have rated Challenger term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

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Challenger term deposits
Overall
Price
Features
Customer service
Trust

1 Reviews

Recent Challenger term deposit reviews

Challenger Term Deposit
Overall 7/10
Excellent provider

This provider is as good if not better than the so called big four. No hidden fees, never a problem

Read full review

This provider is as good if not better than the so called big four. No hidden fees, never a problem

Price
7/10
Features
8/10
Customer service
8/10
Trust
8/10
Less
Grahame, Victoria, reviewed 7 months ago
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