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Term Deposit

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Apply now for a Westpac Term Deposit

 

Term Deposits are a short to medium term investment ideal for securing surplus cash for a set period.




 

  • Interest rates current as at 19/11/2008
  • Look out for our latest special offer rates
  • Interest rates are % per annum. All amounts are in Australian dollars
  • Interest paid at maturity (for terms of 12 months or less) or annually (for terms greater than 12 months).

Interest paid at maturity or annually
 

Term$5,000
<$10,000
$10,000
<$20,000
$20,000
<$50,000
$50,000
<$100,000
$100,000
<$250,000
1 month1.20%1.30%1.40%1.50%1.60%
2 months1.50%1.60%1.70%1.80%1.90%
3 months3.00%3.10%3.20%3.30%3.40%
4 months6.00%6.00%6.00%6.00%6.00%
5 months3.00%3.10%3.20%3.30%3.40%
6 months3.00%3.10%3.20%3.30%3.40%
7 months5.00%5.00%5.00%5.00%5.00%
8 months3.00%3.10%3.20%3.30%3.40%
9 months3.00%3.10%3.20%3.30%3.40%
10 months3.00%3.10%3.20%3.30%3.40%
11 months4.75%4.75%4.75%4.75%4.75%
1 year3.00%3.10%3.20%3.30%3.40%
2 years5.00%5.00%5.00%5.00%5.00%
3 years5.50%5.50%5.50%5.50%5.50%
4 years4.50%4.50%4.50%4.50%4.50%
5 years6.20%6.20%6.20%6.20%6.20%
Rates subject to change

Interest paid monthly
 

Term$5,000
<$10,000
$10,000
<$20,000
$20,000
<$50,000
$50,000
<$100,000
$100,000
<$250,000
1 month1.20%1.30%1.40%1.50%1.60%
2 months1.30%1.40%1.50%1.60%1.70%
3 months2.80%2.90%3.00%3.10%3.20%
4 months5.80%5.80%5.80%5.80%5.80%
5 months2.80%2.90%3.00%3.10%3.20%
6 months2.80%2.90%3.00%3.10%3.20%
7 months4.80%4.80%4.80%4.80%4.80%
8 months2.80%2.90%3.00%3.10%3.20%
9 months2.80%2.90%3.00%3.10%3.20%
10 months2.80%2.90%3.00%3.10%3.20%
11 months4.55%4.55%4.55%4.55%4.55%
1 year2.80%2.90%3.00%3.10%3.20%
2 years4.80%4.80%4.80%4.80%4.80%
3 years5.30%5.30%5.30%5.30%5.30%
4 years4.30%4.30%4.30%4.30%4.30%
5 years6.00%6.00%6.00%6.00%6.00%
Rates subject to change

 

 

Other savings accounts

  • Westpac Reward Saver
    Earn bonus interest when you make at least one deposit and no withdrawals.

  • Westpac eSaver
    High interest with the convenience to instantly access funds.

1. Interest rate adjustment may apply on early termination of a term deposit. Full terms and conditions available on request. These may be varied, or new terms and conditions introduced in the future. See the Savings and Investment Accounts Comparison Table for a list of current interest rates and fees.
2. Interest paid at maturity is only available for terms of 12 months or less.
3. Interest rate adjustment may apply if funds are withdrawn before maturity.

* For balances between $10,000 and $1,000,000. Interest paid annually. Information current as at Wednesday 20 August 2008. Rates subject to change. Rate subject to term and interest payment frequency. For rates on other balances, terms and interest payment frequencies please call 1300 362 742.

General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product. View our Australian Prudential Regulation Authority Registrable Superannuation Entity (RSE) Licence & Registration numbers.

By accessing and viewing this website you agree to be bound by the Terms and Conditions of this website.

Copyright © 2008 Westpac Banking Corporation ABN 33 007 457 141