BUSINESS TERM DEPOSIT EARNINGS CALCULATOR
Find out what you’d earn at today’s rates
Choose an amount and a term to see what you’d earn with a standard Term Deposit available in branch. If you apply in Online Banking, you may also be eligible for bonus rates.
- Add 0.10% p.a. to the rates displayed if you’re already with Westpac and opening or renewing online1
- Check for additional bonus rates you may qualify for when you sign in.
Calculate earnings. Then sign in, check for bonuses and apply online.
Bonus rates: Add 0.10% p.a. to these rates if you’re already with Westpac and you open or renew online#. Sign in and check rates to see if you qualify for a higher bonus rate on top of that.
Results are estimates only based on the accuracy of the information provided. The actual amounts may be higher or lower. We cannot predict things that will affect your decision such as movements in interest rates. Any calculation made by you using this business term deposit calculator is intended as a guide only. If you are an existing Westpac customer you may be eligible for a discretionary rate on top of our standard interest rates, login to online banking to find your available rates1.This calculator is not intended to be your sole source of information when making a financial decision. You should consider whether you should get independent advice. We are only providing you with factual information and not any advice. Read your product T&Cs before deciding. It’s your decision whether this product is right for you.
Not yet with Westpac?
To open a Business Term Deposit, you must be 18+ years old and operating in Australia with an Australian address. Your options are:
- Open a Term Deposit at any branch, or
- Open a transaction account online, then open a Business Term Deposit online.
Opening a new Business Term Deposit online
Renewing your Business Term Deposit online
Things you should know
Results are estimates only based on the accuracy of the information provided. The actual amounts may be higher or lower. We cannot predict things that will affect your decision such as movements in interest rates. Any calculation made by you using this rate finder is intended as a guide only. This rate finder is not intended to be your sole source of information when making a financial decision. You may consider whether you should get independent advice. We are only providing you with factual information and not any advice. Read your product T&Cs before deciding. It’s your decision whether this product is right for you.
Any bonus rates offered above may only be available through Westpac Online Banking.
Term Deposits & Farm Management Deposits - Terms and Conditions (PDF 274KB)
1. Online bonus rate is only available for Term Deposits between $5,000 - $5,000,000 opened or renewed by existing customers via Online Banking (during the Variation Period). The bonus rate will be applied in conjunction with any other bonus rate that may apply. Not available for customers who are not able to open or renew digitally (e.g., some joint accounts), Financial Institutions, Institutional Bank customers, Farm Management Deposits and Term Deposits held as security. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rate will not be automatically applied to a renewing Term Deposit. You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship). If the deposit or any part of it is withdrawn early, an interest rate adjustment will normally apply. We reserve the right to withdraw, amend or extend this offer at any time.