If you don't require immediate access to your funds a term deposit account may suit your needs. Our term deposit accounts offer competitive interest rates over various fixed interest terms so you can tailor your investment to suit your needs.
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Terms of between 3 and 12 months |
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High interest rates |
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Interest rate is fixed for the term of the deposit |
| Key Features | |
| Availability of funds |
At maturity |
| Minimum to open |
$1,000 |
| Minimum to earn interest |
$1,000 |
| Interest calculated |
Daily |
| Interest Paid |
Monthly or at maturity |
| Access Methods | |
| Branch transactions |
Yes |
| ATM/EFTPOS |
No |
| Personalised deposit book for use at Westpac Bank |
No |
| Phone Banking |
Yes (balance enquiry only) |
| Internet Banking |
Yes (balance enquiry only) |
| BPAY / BPAY View |
No |
| External credit transfers |
No |
| Personal cheque facility |
No |
| Direct credits |
No |
| Direct debits |
No |
| Periodical payments |
No |
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