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- Term Deposit Special
Term Deposit Special
- 11 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by phone
Interest rate
4.70%
Maximum rate
4.70%
for 11 months
Term Deposit Special
- 11 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by phone
Interest rate
4.70%
Maximum rate
4.70%
for 11 months
Pros and Cons
For Term Deposit Special
Benefits
- Interest can be paid to other institution
- Automatic maturity rollover
- Maturity alert by phone
Drawbacks
- 31 days notice to withdraw funds before maturity and interest rate adjustment will apply to interest earned on funds
Westpac Rate Term Deposit overview
For Term Deposit Special
Features
Min deposit
$5,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
65
Notice period to withdraw
31
Is covered by government guarantee
Target Market Determination
Visit Westpac Banking Corporation Ltd to view Target Market Determination.
Interest
Interest calculation frequency
Daily
Interest payment frequency options
Monthly, At Maturity
Interest payment via other institution
Interest payment method
Cheque, Direct Credit, Rollover on maturity
Fees
Account keeping fee
$0
Early withdrawal fee
Rates
TermRates on deposit of ($5,000 - $5,000,000)
11 months4.70%
Promoted term deposit products
Personal Term Deposit (At Maturity)
Real Time Rating™
- 2024 Award Winner
- 6 months
- Automatic maturity rollover
- Joint application available
Interest rate
5.10%
for 6 months
Min deposit
$1,000
Maximum rate
5.10%
for 6 months
Term Deposit
Real Time Rating™
- 1 month
- Automatic maturity rollover
- Joint application available
Interest rate
2.00%
for 1 month
Min deposit
$1,000
Maximum rate
4.90%
for 60 months
Term Deposits
Real Time Rating™
- 3 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by email
Interest rate
3.50%
for 3 months
Min deposit
$1,000
Maximum rate
4.80%
for 12 months
Term Deposit
Real Time Rating™
- 1 month
- Automatic maturity rollover
- Joint application available
- Interest payment to other institution
Interest rate
0.50%
for 1 month
Min deposit
$5,000
Maximum rate
5.00%
for 7 months
Product data updated on 28 Apr 2024