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Bankwest Online Term Deposit
Bankwest Online Term Deposit

Interest Rates p.a.

30 Days
1.50%
60 Days
1.50%
90 Days
2.35%
120 Days
1.50%
150 Days
1.50%
180 Days
2.45%
210 Days
1.50%
240 Days
1.50%
270 Days
1.50%
300 Days
1.50%
330 Days
1.50%
2 Year
2.60% paid Annually 2.58% paid 6 Monthly 2.58% paid Quarterly 2.57% paid Monthly
3 Year
2.60% paid Annually 2.58% paid 6 Monthly 2.58% paid Quarterly 2.57% paid Monthly
4 Year
2.65% paid Annually 2.63% paid 6 Monthly 2.62% paid Quarterly 2.62% paid Monthly
5 Year
2.65% paid Annually 2.63% paid 6 Monthly 2.62% paid Quarterly 2.62% paid Monthly
Hide Terms Longer Than One Year
Fees may apply to the linked account and you can open your term deposit with as little as $1,000.
Recent changes aimed at strengthening the banking system means Bankwest now requires 31 days' notice if customers want to withdraw their funds before the maturity date. Customers can still access their money at maturity and during the grace period.
Account Details
Minimum Amount
$1,000.00
Maximum Amount
$5,000,000.00
Interest Payment Method
Direct Credit, Rollover on Maturity
Penalties for Early Withdrawal
An interest adjustment will apply for early withdrawal - please refer to the Bankwest tddirect Product Disclosure Statement for details, available at bankwest.com.au.
More from Bankwest
About Bankwest

Bankwest has always done things a little differently.
Their commitment has always been to listen to what customers say, and do things which makes customer experience a little easier.
Whether you’re using their everyday banking services, making an enquiry, investing your money, applying for a loan or running a business, Bankwest are committed to making the process as easy as possible.
The Bank’s point of difference is how it plays an important role in the community; with more than 100 years of history in Western Australia, as well as a strong national brand presence across the country.
Bankwest’s continual growth is showcased in its award-winning and consumer focused products, recently being recognised by Money Magazines’ ‘Money Minder of the Year’ - the seventh time out of the past eight years, including 2014 for their great range of savings and transaction accounts.

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