Judo Bank

Judo Bank

 Verified🏆 2024 Award
Judo Bank
4.6

1,539 reviews

PositivevsNegative
94% · 1,44279 · 5%
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4.6
Customer Service
4.6

Reviews

1,539 reviews
Dave
Dave10 posts
 

Online systems and support lacking

I have attempted to set up 2 term deposits with Judo bank over the weekend and encountered 3 x significant issues.
1. Attempted to open a SMSF TD and Judo Bank won't recognise our ACN which has been in operation for over 10 years and recognised by other banks.
2. Attempted to open Personal TD and when I continue my application I am redirected to 'service not available' website which is very unnerving with the possibility of this being a scam.
3. No phone support over the weekend when other 'online banks' provide this.

I need to this to be as smooth and trouble free as Macquarie Bank provides so I now have very little confidence in Judo Bank's systems and support and will be most likely taking my money somewhere else. Show details

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Dave
Dave  
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murdo
murdoCentral Highlands and Goldfields, VIC2 posts
  Verified

Easy Account Operation with Best Rates Available

This bank offers the best rates available. Their online process is seamless. Customer identification was breeze, something I have had difficulty with others. I particularly like the way you fund the term deposit. There is no need to have an attached transaction account. They will provide you with the term deposit account number and you can transfer funds in whole or in smaller amounts from multiple sources. Just so easy Show details
Philip
PhilipSouth East Queensland, QLD
  Verified

Best rates

I've had a term deposit with Judo since 2020. At maturity I look around for a better rate, but I can't find one. Show details
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Customer Service
Traveller
Traveller5 posts
  Verified

For me a save investment option

Attractive term deposit rates. Convenient, secure and easy online service. Trustful.
Nancye
Nancye
  Fair Incentive Verified

Rates

Judo offered the best Term Deposit rate for some time but now a lot of banks offer the same or a better rate?
Transparency
Customer Service
Newcastle resident
Newcastle residentHunter Region, NSW6 posts
  Verified

Judo Bank’s term deposits provide a secure way of investing and proving good returns

I have opened two term deposits with Judo Bank. A safe way of investing with very competitive returns. The process of opening a term deposit is easy, uncomplicated and takes a short amount of time. The instructions are easy to follow and helpful. Highly recommended.
Jessie
JessieSouthwest, VIC
  Verified

Term deposit investment rates and ease of investing was my reason for using Judo

Judo rates are excellent, service is very good and investing was easy Show details
Patrick
PatrickNew South Wales
  Verified

Good performance

Prompt, satisfactory, easy to use. Better rates than the big 4. Bonus is an added incentive when rolling over.
cleana444
cleana444
  Verified

Very Happy Customer

Always found Judo easy to deal with, I have been with Judo for several years and been happy all the time. Show details
Stephen
StephenHunter Region, NSW
  Verified

Term deposite

Online process was easy an BPay made me feel save Show details
Wal
WalHunter Region, NSW
  Fair Incentive Verified

great dealings

Very easy process and pricing and rollovers and advice timeframe Show details
William Allison
William AllisonFar North Queensland, QLD8 posts
  Verified

I have been with them for over 12 months found them reliable and easy to use

Good interest rate safe and secure with fixed term deposit
Minna H
Minna HSydney, NSW4 posts
  Verified

Competitive returns, easy to set up and communicate

Great rates and platform for short to mid term investing. Easy to deal with high recommend and will use it again. Show reply
Transparency
Customer Service
Lee
Lee
  Fair Incentive Verified

Judo Bank Fixed Term Deposit

Very happy with the interest rate. Staff very helpful. Easy application online
Karkal
KarkalSydney, NSW
  Verified

Judo Bank Term Deposits

Fixed Term Deposits with excellent interest rates and Govt. Guarantee

Questions & Answers

PMAC
PMAC

Hello does Judo have a SWIFT/BIC code to transfer overseas funds into a term deposit please?

Judo Bank
Judo Bank   DM   
LMV
LMV

Tried signing up with JudoBank for a term deposit Multiple times as I did some years ago with the same issue happening. All correct information for ID by way of medicare card & drivers licence etc. but was rejected multiple times :( Each time contacting Judo to speak with an agent. Was a mystery as none of the agents (as nice as they were) could solve the issue.
Today I phoned the co. that Judo employs to ID check prospective customers called EQUIFAX & was informed, unless you have a Credit Record/ HISTORY ON FILE they cannot ID you as thats the only way EQUIFAX will have you on their records. Really hard to believe I'd be the only one having the Term Deposit sign up APPLICATION issue. To have a credit record, i'd imagine you'd need to be using a credit card, which I don't, (Debit Card serves me well) or have borrowed etc. in the past 7 -10 years which I haven't.
Very frustrating :(((( all the time spent over past couple of day's.
JudoBank could you please inform that this is case? if so would it be possible to employ a co. that can do accurate ID match for anyone that is able to apply online for a Term Deposit? Not just those with a Credit History.

Judo Bank
Judo Bank   DM   
Missygirl
Missygirl

Do you offer any higher interest rates for large investments, say anywhere from 5-10 million?

See all Judo Bank questions

Details

Judo Bank services

Business lending services

Judo focuses on lending to SMEs - small and medium-sized businesses. It does this through providing business loans, lines of credit, and equipment loans.

Personal Banking Services

If you take out a business loan with Jodo, you can apply for a home loan as well as a personal term deposit.

Points of praise for Judo Bank

  • Competitive rates were cited, with a handful of reviewers saying they were better than those offered by the Big 4 Banks
  • Many satisfied reviewers used Judo Bank for term deposits, and while many were in the earlier stages of their term, many were happy with the process
  • Efficient customer service and informative correspondence on the part of Judo staff were appreciated by customers
CategoryBanks
Awards 2023 and 2024
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Contact info for Judo Bank

Mon8:30 am - 5:30 pm
Tue8:30 am - 5:30 pm
Wed8:30 am - 5:30 pm
Thu8:30 am - 5:30 pm
Fri8:30 am - 5:30 pm
SatClosed
SunClosed
  • ABN: 11615995581

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