| Product | Best rate (up to 1 year) | Minimum Deposit | Interest paid to another bank? |
|---|---|---|---|
| Income Deposit Account |
p.a. ( to ) |
$5,000.00 |
yes |
| Online Term Deposit |
4.95% p.a.5 months ($5,000 to $5,000,000) |
$5,000.00 |
yes |
| Term Deposit |
4.95% p.a.5 months ($5,000 to $5,000,000) |
$5,000.00 |
yes |
Mozo users have rated MyState Bank term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
Fantastic bank providing very competitive Term Deposit rates. I was able to get a rate of 6.10% for a 12 month Term Deposit. Wonderful to talk to and provided all answers to my inquiries promptly .
Read full reviewFantastic bank providing very competitive Term Deposit rates. I was able to get a rate of 6.10% for a 12 month Term Deposit. Wonderful to talk to and provided all answers to my inquiries promptly .
Investor Beware I have been sent an official document on MyState letterhead dated August 31st 2022 and signed by a so called executive (who is far to superior to receive my phone calls) advising me that my term deposit account is being closed and funds are being returned to my nominated account due to an agreement ceasing with my superannuation manager. My case has now been handballed to another employee who again is far too superior to answer my emails or phone calls and hence still no funds have been returned. They are now ten days overdue!!
Read full reviewInvestor Beware I have been sent an official document on MyState letterhead dated August 31st 2022 and signed by a so called executive (who is far to superior to receive my phone calls) advising me that my term deposit account is being closed and funds are being returned to my nominated account due to an agreement ceasing with my superannuation manager. My case has now been handballed to another employee who again is far too superior to answer my emails or phone calls and hence still no funds have been returned. They are now ten days overdue!!
Appalling that Im not able to sacrifice all interest earned to withdraw my term deposit before maturity. Why not tell me this before making me fill out and submit forms which were a waste of time? Terrible customer service. Won't trust them with a cent of my money in the future.
Read full reviewAppalling that Im not able to sacrifice all interest earned to withdraw my term deposit before maturity. Why not tell me this before making me fill out and submit forms which were a waste of time? Terrible customer service. Won't trust them with a cent of my money in the future.
Friendly and professional care and advice given when face to face in branch (Launceston). Easy to navigate their online services - in particular when setting up an online term deposit.
Read full reviewFriendly and professional care and advice given when face to face in branch (Launceston). Easy to navigate their online services - in particular when setting up an online term deposit.