Westpac

Term deposits

Westpac publishes 4 term deposit products through the Consumer Data Right (1 personal, 2 business, 2 other), giving 206 rates with terms from 1 month to 60 months. Rates are per annum as published by the bank, including every balance tier and interest payment option; the filters narrow the table.

← Compare every bank's term deposit rates Best rate at each bank

Products

• Foreign Currency Term DepositOthermin deposit $50,000 · Foreign Currency Term Deposits are available for both personal and business customers. Foreign Currency Term Deposits can only be opened in the name of one leg… · no rates: no deposit rates published · bank · source · api
  A Foreign Currency Term Deposit (FCTD) is a type of term deposit product that allows you to invest foreign currency with Westpac for a fixed term. Westpac pays you interest at a fixed interest rate for the duration of the Foreign Currency Term Deposit.
• Term DepositPersonal, Businessmin deposit $5,000 · max $2,000,000 · 82 rates · Personal customers of all ages. If the Account Holder is under 14, the account must be opened by an adult authorised signatory. Account Holders under 12 are no…; Online Application - To open a Term Deposit online, you need to be an Existing customer with a Westpac Choice account, Individual or sole trader. · bank · source · api
  Term Deposit Fixed Rate Savings. After a fixed return on your investment? Open or renew a Term Deposit now online or in-branch.
• Business Term DepositBusinessmin deposit $5,000 · max $2,000,000 · 82 rates · Ensure every signatory on an account is identified according to Westpac's ID standard · bank · source · api
  A Westpac Business Term Deposit invest surplus funds for a fixed term and enjoy the certainty of a guaranteed return.
• Farm Management Deposit AccountOthermin deposit $1,000 · max $800,000 · 42 rates · Individual primary producer earning no more than $100,000 p.a. in non-farm income in the year of the FMD deposit; Most you can have invested across all your FMDs with one or more banks: $800,000; You must comply with the ATO Farm Management Deposits Scheme special legislative requirements. · bank · source · api
  The FMD scheme is a government initiative that helps farmers save money during good years. This money can be used later in tough times to help keep their income.

Rates

PSBP S B = eligible for personal · SMSF · business customers

Hover a condition to read the bank's full wording. Rates paid before maturity are usually a little lower than the at-maturity rate. The "source" link opens our snapshot of the bank's CDR product record; "api" is the live endpoint, which needs an x-v header and will not open in a browser.

Data

This section is built from the bank's public Consumer Data Right product feed. The same records are published as JSON with a source URL and the bank's last-updated timestamp on every row, and the date each CDR record was snapshotted on every product:

• /au/finance/term-deposits/v1/brands/westpac.json: this bank's products and every rate row.
• /au/finance/term-deposits/v1/rates.json: every bank's rate rows in one file.
• /au/finance/term-deposits/v1/best.json: best rates per term, segment and reference deposit.
• /au/finance/term-deposits/v1/index.json: dataset index, including every per-bank file.