Title: Business Term Deposit Rates - Compare interest rates | Westpac
Headings: Business Term Deposit rates
Business Term Deposit rates
You may be eligible for a bonus rate on top of our standard rate
Bonus interest rates
You could get higher returns on your surplus cash with our range of fixed term deposits
Interest rates paid on investments of between $5,000 and $2,000,000
Flexible interest payment options
Reinvestment options upon maturity
Ways to access funds
At maturity, or at the end of any notice period, the principal and any remaining interest instalments can be paid:
If some or all your business term deposit is repaid early:
Call us on 132 142 or visit a branch:
Manage your Term Deposit online:

Content: 0.25% p.a. Flexible interest payment options
Interest paid at maturity is available for terms of 12 months or less
Interest paid monthly is available for terms of 1 to 60 months (inclusive)
Interest paid annually is available for terms of greater than 12 months (for terms not equalling an exact year, the remaining interest is paid at the end of the term). Reinvestment options upon maturity
When your term deposit matures, you can reinvest: Principal and interest
Principal and interest, and add more funds
Principal only and pay out interest
Part principal and pay out both the remainder of the principal and interest earned. Ways to access funds
Interim interest payments can be made: Directly to an account held with Westpac that is in the same name as your Term Deposit account; or
Through direct credit to an account at any Australian financial institution. Please note that interim interest payments cannot be made to Term Deposit accounts or Farm Management Deposit accounts. At maturity, or at the end of any notice period, the principal and any remaining interest instalments can be paid: Directly to an account held with Westpac that is in the same name as your Term Deposit account;