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Term Deposit

A Westpac Term Deposit lets you invest lock your money away with the certainty of a fixed interest rate and a choice of terms.

The important numbers

Deposit between $5,000 and $2,000,000
Earn up to 0.25% p.a. fixed rate for 12 months
18+ Minimum age to open account

What you get

  • Choose a term that suits your needs (from 7 days to 5 years)

  • Know exactly what your return will be with a fixed rate of return

  • Update your maturity or renewal instructions at any time