Westpac Term Deposit Interest Rates

1. Just back in 2009, the average big four term deposit rate was 5.25%, when the RBA cash rate was 7.2%. In fact, a few decades ago you could get your hands on a term deposit with an interest rate of 17%. Today’s deposit rates really pale in comparison with interest rates.
2. Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

Features and benefits

• No monthly account service fee or establishment fee
• High fixed interest rate on balances of $1,000 and above¹
• A range of fixed investment terms available to suit your needs
• Interest paid 6 monthly and at maturity².

Westpac Term Deposit Interest Rates Monthly

Westpac offers term deposits with terms of 1 month to 5 years. Deposits up to $250,000 are guaranteed by the Australian government. Interest may be paid at maturity, monthly, or annually. Donk bet.

Fees

Refer to the Fiji Customer Service Fees Booklet for details (PDF 98KB)

Here’s what to do.

Nab Term Deposit Rates Australia

Red tiger demons. To open a Westpac personal bank account, you’ll need to provide us with a signed and completed personal account opening form, along with some current identification documents.

We need to verify the following:

1. Full name
2. Date of birth
3. Residential address
4. Occupation
5. Photo identification and signature
6. Citizenship
7. Income source documentation

To ensure these 7 points above are verified, we need at least two primary ID documents or one primary plus two secondary ID documents. All documents must be original and current unless specified. If additional documents are required, we’ll let you know.

Download the Opening a Personal Bank Account Brochure (PDF 129KB) for a list of accepted Identification and Additional Identification required for non-residents. Visit your branch or call 132032 for more information.

Need help?

Simply speak to a Banking Representative by calling 132 032.

Things you should know

Westpac Fiji Term Deposit Interest Rates

Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

Westpac Term Deposit Interest Rates

1. Interest rate adjustment may apply if funds are withdrawn before maturity.

2. Once your fixed term ends, you can withdraw your funds via bank cheque, cash or direct credit into another bank account.