Westpac Term Deposits
Essentials
- Earn up to 5.00% p.a for a 6-month term deposit interest paid at maturity1
- Securely lock funds away with guaranteed returns2
- No set-up, monthly service or management fees
- Choice of selected interest payments depending on the term; monthly, annually or at maturity
- Flexible repayment and reinvestment options at the end of the term.
Did you know?
Use your Term Deposit interest to supplement your income. Simply select monthly interest payment frequency.
Related documents
Things you should know
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Conditions and fees apply
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1.Information is current as at 21 May 2012. Conditions apply. Offer excludes corporate, institutional and government customers. Current rate of 3.50% p.a based on a 5 month term with interest paid at maturity. Minimum balance of $5,000, maximum balance of $10,000,000. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.
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2.Interest rate adjustment may apply if funds are withdrawn before maturity.
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*. This information does not take your circumstances into account. Read the terms, available from any Westpac branch, before making a decision. Issued by Westpac Banking Corporation, ABN 33 007 457 141, AFSL 233714.
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Features
- Term deposits available for amounts from $5,000 to $5,000,000
- You choose the term - from 1 week to 5 years
- You choose how to be paid - monthly, annually or at maturity
- Have the interest paid to a Westpac account, a bank account within Australia, in cash, or via a bank cheque (fees apply)
- Work out how much you'll make using our simple Term Deposit calculator.
Options on maturity
- Reinvest both your principal and interest
- Reinvest your principal and receive your interest
- Reinvest part of your principal and receive part of the principal and the interest
- Receive both your principal and the interest
- Add more funds and reinvest.
Related documents
Things you should know
-
Conditions and fees apply
-
1.Information is current as at 21 May 2012. Conditions apply. Offer excludes corporate, institutional and government customers. Current rate of 3.50% p.a based on a 5 month term with interest paid at maturity. Minimum balance of $5,000, maximum balance of $10,000,000. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.
-
2.Interest rate adjustment may apply if funds are withdrawn before maturity.
-
*. This information does not take your circumstances into account. Read the terms, available from any Westpac branch, before making a decision. Issued by Westpac Banking Corporation, ABN 33 007 457 141, AFSL 233714.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format.
Rates
| Term | $5,000 <$10,000 | $10,000 <$20,000 | $20,000 <$50,000 | $50,000 <$100,000 | $100,000 <$250,000 |
|---|---|---|---|---|---|
| 1 < 2 months | 2.55% | 2.55% | 2.55% | 2.55% | 2.55% |
| 2 < 3 months | 2.55% | 2.55% | 2.55% | 2.55% | 2.55% |
| 3 < 4 months | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 4 < 5 months | 3.25% | 3.25% | 3.25% | 3.25% | 3.25% |
| 5 < 6 months | 3.50% | 3.50% | 3.50% | 3.50% | 3.50% |
| 6 < 7 months | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 7 < 8 months | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% |
| 8 < 9 months | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% |
| 9 < 10 months | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 10 < 11 months | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% |
| 11 < 12 months | 3.75% | 3.75% | 3.75% | 3.75% | 3.75% |
| 12 < 24 months | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 24 < 36 months | 5.10% | 5.10% | 5.10% | 5.10% | 5.10% |
| 36 < 48 months | 5.20% | 5.20% | 5.20% | 5.20% | 5.20% |
| 48 < 60 months | 5.30% | 5.30% | 5.30% | 5.30% | 5.30% |
| 60 months | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% |
Special rates are highlighted in red.
Interest rates are % per annum. All investment balance ranges are in Australian dollars.
| Term | $5,000 <$10,000 | $10,000 <$20,000 | $20,000 <$50,000 | $50,000 <$100,000 | $100,000 <$250,000 |
|---|---|---|---|---|---|
| 1 < 2 months | 2.35% | 2.35% | 2.35% | 2.35% | 2.35% |
| 2 < 3 months | 2.35% | 2.35% | 2.35% | 2.35% | 2.35% |
| 3 < 4 months | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% |
| 4 < 5 months | 3.05% | 3.05% | 3.05% | 3.05% | 3.05% |
| 5 < 6 months | 3.30% | 3.30% | 3.30% | 3.30% | 3.30% |
| 6 < 7 months | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% |
| 7 < 8 months | 3.55% | 3.55% | 3.55% | 3.55% | 3.55% |
| 8 < 9 months | 3.55% | 3.55% | 3.55% | 3.55% | 3.55% |
| 9 < 10 months | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% |
| 10 < 11 months | 3.55% | 3.55% | 3.55% | 3.55% | 3.55% |
| 11 < 12 months | 3.55% | 3.55% | 3.55% | 3.55% | 3.55% |
| 12 < 24 months | 4.80% | 4.80% | 4.80% | 4.80% | 4.80% |
| 24 < 36 months | 4.90% | 4.90% | 4.90% | 4.90% | 4.90% |
| 36 < 48 months | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 48 < 60 months | 5.10% | 5.10% | 5.10% | 5.10% | 5.10% |
| 60 months | 5.30% | 5.30% | 5.30% | 5.30% | 5.30% |
Our current Term Deposit rates are shown below. Look out for our latest special rates marked in red. You should note that:
- Interest rates are current as at 21 May 2012
- Rates are subject to change
- Special rates are not available in conjunction with any bonus interest or other special rates offered by Westpac
- If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate
- For rates on investment amounts above $250,000 please call 1300 362 742.
Interest options
Interest options are:
- Interest paid at maturity is available for terms of 12 months or less
- Interest paid monthly is available for terms of 1 to 60 months (inclusive)
- Interest paid annually is available for terms of greater than 12 months (for terms not equalling an exact year, the remaining interest is paid at the end of the term).
Term Deposit rates tables
Interest rates are % per annum. All investment balance ranges are in Australian dollars.
View Westpac Term Deposit essentials.
Related documents
Things you should know
-
Conditions and fees apply
-
1.Information is current as at 21 May 2012. Conditions apply. Offer excludes corporate, institutional and government customers. Current rate of 3.50% p.a based on a 5 month term with interest paid at maturity. Minimum balance of $5,000, maximum balance of $10,000,000. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.
-
2.Interest rate adjustment may apply if funds are withdrawn before maturity.
-
*. This information does not take your circumstances into account. Read the terms, available from any Westpac branch, before making a decision. Issued by Westpac Banking Corporation, ABN 33 007 457 141, AFSL 233714.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format.
