RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

  Term Deposit

A Westpac Term Deposit lets you invest your money with the certainty of a fixed interest rate and a choice of terms.
Category: Term Deposits  Last Updated October 18, 2024  Effective November 1, 2024

 Product Features

  • Digital Banking
  • Other Additional Information: Personal Customers can open account either by Branch, Phone or Online.
  • Other Additional Information: Statements sent includes confirmation, maturity, renewal and repayment advices
  • Fraud Protection Additional Information: The product includes limited fraud protection features.
  • Relationship Management Additional Information: Relationship management is available for eligible customers.
  • Other Additional Information: Interest is paid: Monthly, yearly or at Maturity (where the term is 12 months or less) or at the end of any notice period.
  • Other Additional Information: Enjoy $0 monthly fees for 12 months. Open a new Westpac Choice account online by 30 September 2025 to have the monthly Account-Keeping Fee waived for the first 12 months. Pay no Account-Keeping Fee for the first 12 months on your new Westpac Choice account and save $5 a month. You?ll then be able to open a Westpac term deposit online, using your new Choice account to deposit money into the term deposit. T&Cs and eligibility criteria apply

 Product Eligibility

  • Min Age - 18. Additional Information: Minimum age to open account
  • Residency Status - Those With An Australian Residential Address And Who Are Currently In Australia..

 Bank Fees and Charges

  • Account Keeping Fee (Periodic), Amount: 5.00.
  • Bank Cheque (Transaction), Amount: 10.00.
  • Bank Cheque Online (Transaction), Amount: 0.00.
  • Refunding A Bank Cheque No Longer Required - Original Presented (Transaction), Amount: 0.00.
  • Refunding / Replacing A Bank Cheque - Original Lost, Stolen Or Destroyed (Transaction), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Min Balance of 5000.00

 Document Downloads

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Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

■ ■ ■

 
Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

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