Westpac Term Deposit
Westpac Term Deposit Interest
Westpac has announced possiby the most extensive term deposit changes among the big four banks. According to its COVID-19 support announcement, it has made two key term deposit changes: A new special 12-month term deposit of 1.70% p.a, an increase of 70 basis points (up to $500,000). Directly to an account held with Westpac that is in the same name as your Term Deposit account; or Through direct credit to an account at any Australian financial institution. Please note that interim interest payments cannot be made to Term Deposit accounts or Farm Management Deposit accounts. Investments made in the Westpac Term PIE Fund (“the Fund”) do not represent bank deposits or liabilities of Westpac New Zealand Limited (“Westpac NZ”) or any other member of the Westpac group of companies, and are subject to investment and other risk.
Term Deposit Interest Rates
Term Deposit - Westpac.