• Westpac Term Deposit Rates For Seniors
• Westpac Term Deposit Rates For Over 65 Years Old
• Westpac Bank Term Deposit Rates
• Westpac Term Deposit Rates For Smsf
• Westpac Term Deposit Rates Today

Features and benefits

• No monthly account service fee or establishment fee¹
• Competitive interest rates with fixed amounts, rates and terms
• A range of fixed investment terms available to suit your needs
• Interest paid monthly, annually, and at maturity².

Special Term Deposit offer 0.40% p.a. Fixed rate for 12 months Offer available from 5th February 2021 for a limited time only on Term Deposits opened or renewed by personal customers. Available on deposits from $5,000 - $2,000,000 with interest paid monthly or at maturity. What are the terms and requirements to open a Westpac 1 Year Term Deposit online: To apply online, you must be 18 years or older and an Australian resident. As at 2011, terms range from 30 days to 5 years and deposits require a minimum of $5000 up to $250,000. Information on Westpac 1 Year Term Deposit Rates.

Refer to the PNG Customer Service Fees and Charges Brochure (PDF 90KB) for details.

Here’s what to do

A Westpac term deposit is a type of savings product provided to personal banking customers for saving. It allows customers to investment money for a fixed interest period with terms ranging from 1 to 5 years with interest paid monthly or at maturity. Rates for new or renewal term deposits are subject to change at any time. However, once a term deposit account is opened the rate applicable to the account will not change unless the deposit or any part of it is repaid early; Rates shown for a term, e.g. Month(s) or year(s) apply up to the start of the next term shown. Westpac offers their personal banking customers a variety of accounts to choose from. They have an everyday banking account called Westpac Choice (their most popular bank account), an online savings account (Westpac eSaver) and term deposit.Other services that they offer include: credit cards, insurance, home loans, personal loans, superannuation, financial planning and share trading.

To open a Westpac personal bank account, you’ll need to provide us with a signed and completed personal account opening form, along with some current identification documents.

Westpac Term Deposit Rates For Seniors

We are required to verify your:

Westpac Term Deposit Rates For Over 65 Years Old

1. Full name
2. Date of birth
3. Residential address
4. Occupation
5. Signature
6. Citizenship
7. TIN
8. Income source

Information must be verified from a combination of identification documents including national ID card, birth certificate, or passport. Download the Opening a Personal Bank Account Brochure (PDF 164KB) for a list of accepted identification documents and additional identification required for non-residents. Visit your local branch or call (+675) 322 0888 for more information.

Existing customers

You may have already provided necessary identification or you may need to provide additional current identification documents. Visit your local branch to get started.

Need help?

Simply speak to a Banking Representative by calling (+675) 322 0888.

Things you should know

Conditions apply. Offer excludes corporate, institutional and government customers. If you are on a special rate and your Term Deposit rolls over automatically, the Term Deposit may be automatically re-invested at a lower rate than the current interest rate.

Westpac Bank Term Deposit Rates

Westpac Term Deposit Rates For Smsf

1. Early termination fee applies if the Term Deposit is ended before the full term.

Westpac Term Deposit Rates Today

2. Confirmation, Maturity, Renewal and Repayment advices sent. Once your fixed term ends, you can withdraw your funds by bank cheque, cash or direct credit into another bank account.