based on 1668 People's Choice banking product reviews as rated by Mozo community

People's Choice term deposits

People's Choice is a member owned financial institution offering its members a wide range of competitive banking, insurance and investment products and services. Formed through the merger of Savings & Loans and Australian Central, People's Choice has more than 350,000 members Australia wide. At People's Choice, its customers are its owners so everything they do is designed to benefit their members.

People's Choice offers the following term deposits

Rates and fees verified as correct at 28 November, 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?
Term Deposit

0.50% p.a.1 year

$5,000.00

no

How are People's Choice term deposits rated?

Mozo users have rated People's Choice 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
People's Choice term deposits
Overall
Price
Features
Customer service
Convenience
Trust

36 Reviews

Recent People's Choice term deposit reviews

People's Choice Term Deposit
Overall 7/10
The years ahead will see massive bankrupcies.

Not just this bank but all banks as far as interest on principal is concerned. All my life I have paid interest on mortgages ect at rates far in excees of interest rates now. Now when I need to live on my interest on my term deposits I can't. The Reserve Bank is bowing to pressure from Government and the new generations coming through to support their high-end like styles and bugger the rest. All this 'must have now' attitude is killing this country. We had to scrimp and save to buy things that the generation now are not prepared to wait and save for. Way things are going it is making it so easy for countries like Chine to come in and take over our country without the majority of people realising it. As hard as it was liveing through the higher interest rate periods I still think I and oy=thers of my age lived through the best of times and i feel sorry for the people who will wake up with huge debts when interest rates eventuall go up again albeit though not in my life time. So I dislike all the major banks as they are the main cause of our prblems now.

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Not just this bank but all banks as far as interest on principal is concerned. All my life I have paid interest on mortgages ect at rates far in excees of interest rates now. Now when I need to live on my interest on my term deposits I can't. The Reserve Bank is bowing to pressure from Government and the new generations coming through to support their high-end like styles and bugger the rest. All this 'must have now' attitude is killing this country. We had to scrimp and save to buy things that the generation now are not prepared to wait and save for. Way things are going it is making it so easy for countries like Chine to come in and take over our country without the majority of people realising it. As hard as it was liveing through the higher interest rate periods I still think I and oy=thers of my age lived through the best of times and i feel sorry for the people who will wake up with huge debts when interest rates eventuall go up again albeit though not in my life time. So I dislike all the major banks as they are the main cause of our prblems now.

Price
1/10
Customer service
7/10
Convenience
10/10
Trust
8/10
Less
Colin, South Australia, reviewed 5 months ago
People's Choice Term Deposit
Overall 10/10
Excellent service

Never has had any scandal. They are honest and fair with rates of interest.

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Never has had any scandal. They are honest and fair with rates of interest.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Audrey, Northern Territory, reviewed over 1 year ago
People's Choice Term Deposit
Overall 10/10
Great

I have full confidence in their service and what they offer.

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I have full confidence in their service and what they offer.

Price
9/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Val, South Australia, reviewed about 6 years ago
People's Choice Online Saver
Overall 9/10
Competitive rates and excellent customer service.

At my branch there are staff to enquire about my needs and locate for me an appropriate consultant. Staff are friendly, efficient and happy to "go the extra mile". There appear to be systems in place to minimise waiting times and staff are well versed in policy and procedure. One negative: there appears to have been a reduction in fee free ATM's in my local area.

Read full review

At my branch there are staff to enquire about my needs and locate for me an appropriate consultant. Staff are friendly, efficient and happy to "go the extra mile". There appear to be systems in place to minimise waiting times and staff are well versed in policy and procedure. One negative: there appears to have been a reduction in fee free ATM's in my local area.

Price
10/10
Features
9/10
Customer service
9/10
Convenience
9/10
Trust
9/10
Less
Helen, South Australia, reviewed over 6 years ago

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