based on 608 MyState Bank banking product reviews as rated by Mozo community

MyState Bank term deposits

MyState Bank is an Authorised Deposit-taking Institution and a national diversified financial services group headquartered in Tasmania. MyState Bank has strong roots in the Tasmanian community, offering lending, savings accounts, financial planning and insurance.

MyState Bank offers the following term deposits

Rates and fees verified as correct at 26 September, 2021. Other information correct at the time of writing. Advertiser disclosure.

Product Best rate (up to 1 year) Minimum deposit Interest paid to another bank?
Income Deposit Account

0.65% p.a.1 year

$5,000.00

yes

Online Term Deposit

0.65% p.a.1 year

$5,000.00

yes

Term Deposit

0.65% p.a.1 year

$5,000.00

yes

How are MyState Bank term deposits rated?

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.

Icon of term-deposits
MyState Bank term deposits
Overall
Price
Features
Customer service
Convenience
Trust

30 Reviews

Recent MyState Bank term deposit reviews

MyState Bank Term Deposit
Overall 1/10
Dont bother. There are much better banks around.

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.

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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.

Price
3/10
Features
1/10
Customer service
2/10
Convenience
1/10
Trust
1/10
Less
Sue, Western Australia, reviewed 10 months ago
MyState Bank Term Deposit
Overall 9/10
Friendly and professional service.

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.

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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.

Price
9/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Christopher, Tasmania, reviewed about 1 year ago
MyState Bank Term Deposit
Overall 9/10
Great service.

Setting up an online term deposit with MyState was a simple process. The interest rate on offer was competitive. For other banking needs the in-branch staff in Launceston were very helpful and competent.

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Setting up an online term deposit with MyState was a simple process. The interest rate on offer was competitive. For other banking needs the in-branch staff in Launceston were very helpful and competent.

Price
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Christopher, Tasmania, reviewed about 1 year ago
MyState Bank Term Deposit
Overall 10/10
Great rates, local support and management

Its our state bank---employig and investing in Tassie --- run out of Tassie not Pitt Street

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Its our state bank---employig and investing in Tassie --- run out of Tassie not Pitt Street

Price
10/10
Less
Phillip, Tasmania, reviewed about 4 years ago

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Term deposit quick links