Offer available to personal customers with deposits from $5,000 to $5,000,000 with interest paid at maturity. Offer available on new term deposits opened from Monday 8th October to Sunday 21st October 2018, inclusive. Terms and conditions apply*.
Deposits between $5,000 and $250,000. Interest rates are % per annum. Interest paid at maturity.
|3 months||6 months||9 months||12 months|
Manage your Term Deposit online
Westpac Live allows you to manage your Term Deposit online during the Six Business Day Variation Period.
Choose from 3 options at maturity
Reinvest for another term, top up before reinvesting or cash in.
Flexible interest payment options
Interest can be paid directly into your Westpac account or other bank (within Australia) in cash or cheque. Fees may apply.
|Term||Interest paid at maturity or yearly||Interest paid monthly|
|1 < 2 months||1.50%||1.45%|
|2 < 3 months||1.70%||1.65%|
|3 < 4 months||2.00%||1.95%|
|4 < 5 months||1.85%||1.80%|
|5 < 6 months||1.85%||1.80%|
|6 < 7 months||2.05%||2.00%|
|7 < 8 months||1.90%||1.85%|
|8 < 9 months||1.90%||1.85%|
|9 < 10 months||1.90%||1.85%|
|10 < 11 months||1.90%||1.85%|
|11 < 12 months||1.90%||1.85%|
|12 < 24 months||2.30%||2.25%|
|24 < 36 months||2.40%||2.35%|
|36 < 48 months||2.50%||2.45%|
|48 < 60 months||2.60%||2.55%|
Want to renew your Term Deposit Online?
You may be eligible for a special rate when you renew your Term Deposit online.
You’ll need to:
- Sign in to online banking
- Go to Services & preferences and select Manage Term Deposit under Account services
Things you should know
1. Westpac Live will be available to update Term Deposits from 8:00 am to 9.30 pm on a Business Day and 8:00am to 4:00pm Saturdays (Sydney time)
*Important Information: Rate is available on deposits from $5,000 to $5,000,000. Personal customers only – not available for business, corporate, institutional or government customers. Special rate will only apply to new Term Deposits and excludes funds rolled over from existing Westpac Term Deposits. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rate is not available in conjunction with any bonus interest or other special rates offered by Westpac. 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 If the deposit or any part of it is withdrawn early, an interest rate adjustment will normally apply.