8.0/10

Based on 84 Illawarra Credit Union product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Illawarra Credit Union term deposits

Illawarra Credit Union is a community credit union, that uses its profits to improve products and services offered to its customers, in the Illawarra region. Illawarra offers its customers with competitive products and services in home and personal loans, credit cards, car loans, savings accounts, term deposits and debit cards. Illawarra provides financial solutions complimented with customer service.

Illawarra Credit Union offers the following term deposits

Rates and fees verified as correct at 9 October 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

5.00% p.a.6 months ($1,000 to $)

$1,000.00

no

How are Illawarra Credit Union term deposits rated?

Mozo users have rated Illawarra Credit Union 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
Illawarra Credit Union term deposits customer reviews
Overall
5.5/10
Price
6.5/10
Features
5.5/10
Customer service
5.0/10
Convenience
5.5/10
Trust
10.0/10
Based on 2 Illawarra Credit Union 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 Illawarra Credit Union term deposit reviews

Illawarra Credit Union Term Deposit
Overall 1/10
Don’t fall for the term deposit rates

*Steer Well Clear* I had joined the Illawarra Credit Union several years ago and their product range, combined with staff support was second to-none. Their term deposit rates had been good and staff were willing to negotiate and assist me, but as of around August 2022 - everything went downhill. If you require to make a payment when renewing your term deposit, they will always look at charging fees where possible despite having an extremely poor internet banking experience. Their staff were great and tried to assist but towards the end I had to move my banking elsewhere, it is a shame that they only care about their debt to profit ratio and nothing else.

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*Steer Well Clear* I had joined the Illawarra Credit Union several years ago and their product range, combined with staff support was second to-none. Their term deposit rates had been good and staff were willing to negotiate and assist me, but as of around August 2022 - everything went downhill. If you require to make a payment when renewing your term deposit, they will always look at charging fees where possible despite having an extremely poor internet banking experience. Their staff were great and tried to assist but towards the end I had to move my banking elsewhere, it is a shame that they only care about their debt to profit ratio and nothing else.

Price
3/10
Features
1/10
Customer service
1/10
Convenience
1/10
Less
Mike, New South Wales, reviewed about 1 year ago
Illawarra Credit Union Term Deposit
Overall 10/10

I like them because they gave me their best interest rate, no starting low and going up, trying to get your rate cheap. When the loan matured their rate was better than the banks or credit unions. They help you fill out the forms and are always pleasant. Give pensioners a good deal on their deposits.

Read full review

I like them because they gave me their best interest rate, no starting low and going up, trying to get your rate cheap. When the loan matured their rate was better than the banks or credit unions. They help you fill out the forms and are always pleasant. Give pensioners a good deal on their deposits.

Price
10/10
Features
10/10
Customer service
9/10
Convenience
10/10
Trust
10/10
Less
Ted, New South Wales, reviewed about 13 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