7.7/10

Based on 6082 Bankwest product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

Bankwest term deposits

Bankwest is all about taking the hassle out of banking so you can focus on all the things that are important to you. If you like the sound of that, check out Bankwest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.

Bankwest offers the following term deposits

Rates and fees verified as correct at 28 May 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Best rate (up to 1 year) Minimum Deposit Interest paid to another bank?
Gold Term Deposit

4.80% p.a.9 months ($5,000 to $2,000,000)

$5,000.00

yes

Term Deposit

4.80% p.a.9 months ($1,000 to $10,000,000)

$1,000.00

yes

How are Bankwest term deposits rated?

Mozo users have rated Bankwest term deposits on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of term-deposits
Bankwest term deposits customer reviews
Overall
7.7/10
Price
7.6/10
Features
6.9/10
Customer service
7.6/10
Convenience
7.6/10
Trust
7.7/10
Based on 171 Bankwest product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent Bankwest term deposit reviews

Bankwest Term Deposit
Overall 9/10
Great bank

Bankwest provides fantastic, personalised service from real people who take the time to know their customers. Their products are competitive and secure.

Read full review

Bankwest provides fantastic, personalised service from real people who take the time to know their customers. Their products are competitive and secure.

Price
9/10
Features
8/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Lynne, Western Australia, reviewed almost 2 years ago
Bankwest Term Deposit
Overall 4/10
Overly long wait for a response to a phone call

We had a query in regard to Term Deposits. We phoned and were kept waiting online for an hour or more - spoke to a customer service person and then referred to a second person - another long wait " will be progressing and will be with you.....". Not sure how long is reasonable - but 1.5 hours is not reasonable. Bankwest needs to lift its game and recognise its customer's time has a value.

Read full review

We had a query in regard to Term Deposits. We phoned and were kept waiting online for an hour or more - spoke to a customer service person and then referred to a second person - another long wait " will be progressing and will be with you.....". Not sure how long is reasonable - but 1.5 hours is not reasonable. Bankwest needs to lift its game and recognise its customer's time has a value.

Price
2/10
Customer service
2/10
Convenience
1/10
Trust
10/10
Less
Hamish, Western Australia, reviewed almost 2 years ago
Bankwest Term Deposit
Overall 7/10
Reliable, helpful and efficient online and in bank

I have been associated with this bank for 15 years. Staff always pleasant and helpful.

Read full review

I have been associated with this bank for 15 years. Staff always pleasant and helpful.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
7/10
Trust
7/10
Less
Franca, Western Australia, reviewed over 3 years ago
Bankwest Term Deposit
Overall 9/10
Better bank than the main four.

I have been banking with this bank for more than 20 years and wouldn't change it. It has competitive rates and they take good care of customers.

Read full review

I have been banking with this bank for more than 20 years and wouldn't change it. It has competitive rates and they take good care of customers.

Price
8/10
Features
6/10
Customer service
10/10
Convenience
9/10
Trust
10/10
Less
Anna, Western Australia, reviewed almost 4 years ago
See all term deposit reviews
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

Term deposit quick links