Westpac 2 Year Term Deposit. Type Fixed: Rate 1.50%: Currency: AUD: Rate is applicable for deposit amounts between $5,000 and $249,999. The rate of 1.50% is 0.35%. Westpac Term Deposits have a 6 business day Variation Period, starting from the date of maturity. During this time you can make one change, including withdrawing funds or closing your account, without incurring a fee (or a reduction in your interest return for interest earned. 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. Interest rate adjustment may apply if funds are withdrawn before maturity. A Westpac Term Deposit can give you the certainty of knowing exactly what the return on your money will be.
Notice Saver is offered under the Westpac Notice Saver PIE Fund (the “Fund”). Investments made in the Fund do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited (“Westpac NZ”) or other members of the Westpac.
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Features and benefits
- No monthly account service fee or establishment fee
- High fixed interest rate on balances of $1,000 and above1
- A range of fixed investment terms available to suit your needs
- Interest paid 6 monthly and at maturity2.
Fees
Refer to the Fiji Customer Service Fees Booklet for details (PDF 98KB)
Here’s what to do.
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.
We need to verify the following:
- Full name
- Date of birth
- Residential address
- Occupation
- Photo identification and signature
- Citizenship
- Income source documentation
To ensure these 7 points above are verified, we need at least two primary ID documents or one primary plus two secondary ID documents. All documents must be original and current unless specified. If additional documents are required, we’ll let you know.
Download the Opening a Personal Bank Account Brochure (PDF 129KB) for a list of accepted Identification and Additional Identification required for non-residents. Visit your branch or call 132032 for more information.
Need help?
Simply speak to a Banking Representative by calling 132 032.
Things you should know
Westpac Term Deposits Nz
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 Term Deposit Interest
1. Interest rate adjustment may apply if funds are withdrawn before maturity.
Term Deposit Interest Rates Nz
2. Once your fixed term ends, you can withdraw your funds via bank cheque, cash or direct credit into another bank account.