Westpac Term Deposit

2.20% p.a.1 year

yes

Westpac Term Deposit

2.20% p.a.1 year

yes

Details

Rates and fees information correct as at 25 March 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 1.50% p.a. ($5,000 to $250,000)

  • 1.65% p.a. ($5,000 to $250,000)

  • 2.00% p.a. ($5,000 to $5,000,000)

  • 1.75% p.a. ($5,000 to $250,000)

  • 1.75% p.a. ($5,000 to $250,000)

  • 2.05% p.a. ($5,000 to $250,000)

  • 1.75% p.a. ($5,000 to $250,000)

  • 1.75% p.a. ($5,000 to $250,000)

  • 1.80% p.a. ($5,000 to $250,000)

  • 1.80% p.a. ($5,000 to $250,000)

  • 1.80% p.a. ($5,000 to $250,000)

  • 2.20% p.a. ($5,000 to $250,000)

  • 2.25% p.a. ($5,000 to $250,000)

  • 2.30% p.a. ($5,000 to $250,000)

  • 2.35% p.a. ($5,000 to $250,000)

  • 2.40% p.a. ($5,000 to $250,000)

Other financial bits
  • $5,000.00

  • $5,000,000.00

Features
  • direct credit, cheque, cash

  • yes

  • yes

  • 31 days notice required if customers want to withdraw their funds before the maturity date.

  • none

*Different interest rates apply to different amounts or different interest payment frequencies.

Customer Reviews

How are Westpac term deposits rated by the Mozo community?

Overall customer rating
7.5/10
Price
7.0/10
Features
6.4/10
Customer service
7.7/10
Convenience
8.0/10
Trust
7.8/10

Latest reviews of Westpac Term Deposit

  • Overall
    7/10
    Good customer service and easy to deal with

    The staff are courteous and friendly. They will take the time to explain things. When we told...

    The staff are courteous and friendly. They will take the time to explain things. When we told them about interest rates at other banks they met them.

    Price
    7/10
    Features
    5/10
    Customer service
    7/10
    Convenience
    9/10
    Trust
    8/10

    Jacqueline | Queensland

    reviewed about 5 years ago

  • Overall
    10/10
    Competitive features

    Love it for its great rate.

    Love it for its great rate.

    Price
    9/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Louise | Victoria

    reviewed about 5 years ago

  • Overall
    7/10
    Friendly service staff

    We have always had good service at this bank, they offer good rates.

    We have always had good service at this bank, they offer good rates.

    Price
    6/10
    Features
    7/10
    Customer service
    7/10
    Convenience
    7/10
    Trust
    7/10

    Megan | Victoria

    reviewed over 5 years ago

  • Overall
    10/10
    Great customer service

    This is a great item. I fully trust them.

    This is a great item. I fully trust them.

    Price
    5/10
    Features
    6/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Louise | Victoria

    reviewed over 5 years ago

  • Overall
    10/10
    Comprehensive explanations and value

    I opened a term deposit yesterday. I was explained the benefits of a 12 month term. Everything...

    I opened a term deposit yesterday. I was explained the benefits of a 12 month term. Everything was organised with the view of keeping the customer happy. Loved it.

    Price
    9/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Cheryle | Victoria

    reviewed over 5 years ago

Westpac

About Westpac

As Australia's first bank, Westpac has been serving customers since 1817. Westpac merged with St.George to create Australia's largest financial services company, and customers can enjoy from peace of mind from having the security offered by a major bank behind them. 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.

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