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term deposits
5.50%3 months
yes
Term |
Rates |
|---|---|
| 1 month |
2.55% $5,000 to $250,000 |
| 2 months |
2.55% $5,000 to $250,000 |
| 3 months |
5.50% $5,000 to $250,000 |
| 4 months |
3.25% $5,000 to $250,000 |
| 5 months |
5.50% $5,000 to $250,000 |
| 6 months |
3.65% $5,000 to $250,000 |
| 9 months |
3.75% $5,000 to $250,000 |
| 1 year |
5.00% $5,000 to $250,000 |
| 2 years |
5.30% $5,000 to $250,000 |
| 3 years |
5.30% $5,000 to $250,000 |
| 4 years |
5.70% $5,000 to $250,000 |
| 5 years |
5.80% $5,000 to $250,000 |
* The rates shown here are all for interest paid at maturity for terms of less than 1 year, and annually for terms of one year or more.
As Australia’s first bank, Westpac has been serving customers since 1817! Now that Westpac has merged with St George to create Australia’s largest financial services company. Westpac customers will benefit from things like being able to use both banks’ ATM networks without paying any extra fees. So if you’re after the security offered by a major bank, check out Westpac’s range of banking products such as savings accounts, home loans, personal loans, credit cards and other financial services such as its car and home and contents insurance.
Mozo People's Choice Awards. As voted by the Australian money public. Our Community of 23,000 reviewers gave this provider the thumbs up.
| Product Type | Overall | Price | Features | Service | Convenience | Trust |
|---|---|---|---|---|---|---|
| Westpac term deposits |
8.0
Based on 62 Westpac term deposit reviews |
7.6 | 6.6 | 8.0 | 8.7 | 8.0 |
Read Westpac term deposit reviews by the Mozo community
interest rate
minimum deposit
Competitive rates, easy access, simple process.
I always invest in Westpac term deposits as their rates are always competitive and access is easy. However, I often experience problems with them failing to carry out my instructions accurately (eg they will re-invest the principal plus interest w... Full review
I always invest in Westpac term deposits as their rates are always competitive and access is easy. However, I often experience problems with them failing to carry out my instructions accurately (eg they will re-invest the principal plus interest when I have requested the principal only be re-invested). Having said that, they are very quick to correct any mistakes but of course you don't get re-imbursed for any interest you may have missed out on during the interim period.
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