Term Deposits
Keep your details up to date so we can contact you if you are one of the 10 lucky monthly winners! Every month you deposit $2,000+, you’ll automatically enter that month’s draw. It could be as simple as having your salary paid into your eligible Westpac account.#
Open or renew a Term Deposit now online or in-branch. If the winner holds more than one Eligible Account, they may nominate which Eligible Account receives the prize. The timing of a Qualifying Deposit will be the time the deposit is received by Westpac, as recorded in Westpac's systems. A Qualifying Deposit is a deposit paid into your Eligible Account that counts towards the $2,000 entry requirement. Plus, you’ll score an automatic entry into the draw once your qualifying deposit hits your account.
Deposit $2,000 or more into your eligible Westpac transaction account each month and you’ll automatically enter that month's draw. We're giving away $300,000 in cash prizes, with 10 customers winning $10,000 every month in September, October and November. A combined maximum of $10,000 in cash per day can be deposited into an account using our ATMs and/or participating Post Offices. Choose what you’d like to deposit.
How do fernekes access the online bonus rate and how will it be displayed? It is applied in addition to any other bonus rates you may be eligible for. The Online Bonus Rate, where applicable, is included in the Special Offer rate shown and is added to your term deposit interest rate when you open or renew online during the variation period.
If no maturity instructions are received during this period, your Term Deposit will renew at the applicable standard advertised rate. Term Deposits for joint account holders, trust or SMSF need to be opened in-branch Choice of terms - Pick a term from 1 month to 5 years, knowing your money will be invested securely.
Pay a deposit We paid a deposit of £5,000 on the house, and paid the balance four weeks later. For SMSF customers, please refer to the SMSF checklist for the right documents to bring into the branch and who needs to visit the branch. Check which documents you’ll need to bring before your appointment in the section. If you want to withdraw your Term Deposit before it matures you’ll need to give us 31 days' notice. Holding facility earns a fixed interest rate, which may be lower than the rate offered for a fixed term.
If you don't provide instructions, funds will automatically be placed in the Term Deposit holding facility as a default. Choose from terms of 1 month to 5 years, with investments starting from $5,000. Yes, the online bonus rate will be added to our advertised special offer rates when you apply or renew online.
Use your Debit Mastercard, Travel Money Card, Keycard, or Credit card at one of our ATMs to make transactions. You must not reproduce, transmit, disseminate, sell, or publish information on this website without prior written permission from Canstar. Any advice provided on this website is general and has not taken into account your objectives, financial situation or needs.