Title: Term Deposit Rates - Compare Australian Term Deposit Rates | Westpac
Headings: Term Deposit rates
Term Deposit rates
Why open a Westpac Term Deposit?
Already with Westpac?
You may be eligible for a bonus rate on top of our standard rates
Existing customers
0.35% p.a. fixed rate for 12 months
Current Term Deposit interest rates
We can also...
What’s the difference between a term deposit and a savings account?
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New to Westpac
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Things you should know

Content: Term Deposit Rates - Compare Australian Term Deposit Rates | Westpac
Personal
Bank accounts
Term Deposit
Term Deposit rates
Term Deposit rates
A Westpac Term Deposit can give you the certainty of knowing exactly what the return on your money will be. Existing customers
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New to Westpac
Choose a rate and term Choose a rate and term
Why open a Westpac Term Deposit? You’ll get a set return with a fixed interest rate from Australia’s oldest bank
Choose a term from 1 month to 5 years to suit your needs
There are no set up or monthly service fees
Deposits up to $250,000 are guaranteed by the Australian government 1
Already with Westpac? You may be eligible for a bonus rate on top of our standard rates
You can save yourself that hassle of a trip into a branch or having to give us a call. Explore your bonus rates when you sign into Online Banking. Existing customers
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0.35% p.a. fixed rate for 12 months
Offer available from 26th February 2021 for a limited time only on new Term Deposits opened by Westpac personal customers. Terms and conditions apply* Find out more
Current Term Deposit interest rates
Deposits between $5,000 and $2,000,000 Interest rates are per annum. Choose to have interest paid monthly, yearly or at maturity. If you’re an existing customer, you can sign into Online Banking to explore your bonus rates you may be eligible for.