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Interest rates on fixed term deposits tend to be higher than other savings products. Banks are able to hold liquid assets for predetermined periods of time, allowing them to invest in higher gain financial products. Westpac Business Term Deposits are available in fixed terms for 12, 24 or 36 months. With a minimum investment of $5,000, you can track your savings online with $0 monthly service or management fees and no set-up.
Up to 0.25% p.a.
Interest rate
10 months interest rate
$5,000
Minimum opening deposit
$0
Account keeping fee
$250,000
Maximum deposit
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Product Name | Westpac Business Term Deposit |
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3 month interest rate | 0.10% |
4 month interest rate | 0.10% |
6 month interest rate | 0.20% |
7 month interest rate | 0.20% |
9 month interest rate | 0.20% |
12 month interest rate | 0.25% |
24 month interest rate | 0.25% |
36 month interest rate | 0.25% |
48 month interest rate | 0.25% |
60 month interest rate | 0.25% |
Minimum Opening Deposit | $5,000 |
Minimum Age Requirement | 18 |
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. |
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