8.5/10

Based on 803 Teachers Mutual Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Teachers Mutual Bank term deposits

Teachers Mutual Bank (formerly Teachers Credit Union) offers its members a competitive range of personal banking and insurance products. Teachers Mutual Bank is focussed on the education community and their families so to join the Teachers Mutual Bank bank you must be a teacher, lecturer or instructor at a school, TAFE or university or a student studying education.

Some of the banking products on offer from Teachers Mutual Bank include home loans, credit cards, bank accounts, savings account and the 2021 Mozo Expert Choice Award winning term deposit which you can find out more information on below. 

Teachers Mutual Bank offers the following term deposits

Rates and fees verified as correct at 22 June 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

4.95% p.a.5 months ($1,000 to $499,999)

$1,000.00

yes

How are Teachers Mutual Bank term deposits rated?

Mozo users have rated Teachers Mutual 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
Teachers Mutual Bank term deposits customer reviews
Overall
8.4/10
Price
8.1/10
Features
6.7/10
Customer service
8.5/10
Convenience
7.6/10
Trust
8.9/10
Based on 33 Teachers Mutual Bank 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 Teachers Mutual Bank term deposit reviews

Teachers Mutual Bank Term Deposit
Overall 7/10
Competitive rates for teachers

The institution is well established and has an excellent record.

Read full review

The institution is well established and has an excellent record.

Price
8/10
Features
7/10
Customer service
9/10
Convenience
8/10
Trust
8/10
Less
Lynette, Tasmania, reviewed almost 6 years ago
Teachers Mutual Bank Term Deposit
Overall 7/10
Competitive rates for teachers

The institution is well established and has an excellent record.

Read full review

The institution is well established and has an excellent record.

Price
8/10
Features
7/10
Customer service
9/10
Convenience
8/10
Trust
8/10
Less
Lynette, Victoria, reviewed almost 6 years ago
Teachers Mutual Bank Term Deposit
Overall 10/10
Competitive and great service

Very helpful.

Read full review

Very helpful.

Price
8/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Susan, New South Wales, reviewed over 8 years ago
Teachers Mutual Bank Term Deposit
Overall 4/10
No longer a caring Teachers Credit Union

No communication, fees are high and change with no notice.

Read full review

No communication, fees are high and change with no notice.

Price
5/10
Features
5/10
Customer service
4/10
Convenience
0/10
Trust
4/10
Less
Helen, Victoria, reviewed over 8 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