Manage your Term Deposit

Any bonus rates offered above may only be available through Westpac Live Online Banking. You will, however, have 6 business days (called the Variation Period) beginning on the maturity date to tell us what you’d like to do. You’ll need to give us 31 days’ notice to access the funds before maturity, except in cases of hardship as defined by us. If you withdraw the funds early, we may recalculate all interest paid or to be paid on your Term Deposit at a reduced rate, and you may lose any interest accrued. If no new or varied instructions are received during the period of 6 Business days, the Account will be renewed in accordance with instructions advised before Maturity or (if none) under the same conditions as applied to the previous term (where available), using the standard interest rate applicable at Maturity.

Term Deposits & Farm Management Deposits - Terms and Conditions (PDF 202KB)

Important Information Document (PDF 1MB)

Find out what information you need to provide to become a customer (PDF 768KB)

 

^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)

1'Variation period’ means 6 Business Days from the date the Term Deposit matures.

Westpac Mobile Banking applications are only available for use by Westpac Australia customers. Internet connection is needed to access Westpac Online Banking and the Mobile Banking app. Normal mobile data charges apply.