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?
Already with Westpac?
New to Westpac
Already have a Term Deposit
Things you should know

Content: What’s the difference between a term deposit and a savings account? A term deposit lets you lock your money away for a set length of time at a guaranteed interest rate, whereas a savings account gives you access to your money at any time but has an interest rate that can change. Find out more
Edit
Already with Westpac? Find rates in minutes
- no need to go into branch
Sign in to check rates
Refresh
Sign in to check rates
Refresh
Edit
New to Westpac
Open a Term Deposit in minutes
Choose a rate and term
Refresh
Choose a rate and term
Refresh
Telephone
Already have a Term Deposit
Manage your Term Deposit online *
Find out more
Refresh
Find out more
Refresh
More options
Term Deposits
All bank accounts
Tools and calculators
Term Deposit rate calculator
Savings calculator
Home saver calculator
Things you should know
Any bonus rates offered above may only be available through Westpac Online Banking. Pdf File
Term Deposits & Farm Management Deposits - Terms and Conditions (PDF 3MB)
Pdf File
Important Information Document (PDF 1MB)
Pdf File
Find out what information you need to provide to become a customer (PDF 768KB)
* Rate is available for new Term Deposits from $5,000 to $2,000,000 Personal customers only. Private Bank customers may need to contact their Relationship Manager to obtain this rate. Not available for business, corporate, institutional or government customers. Rate applies for a single term. Higher or lower rates may apply for subsequent terms. Rate is not available in conjunction with any bonus interest or other special rates offered on Westpac Term Deposits.