Westpac Term Deposit Rates

  1. Westpac Bank Term Deposit Rates
  2. Westpac Term Deposit Rates Today
  3. Westpac Term Deposit Rates Nz
To earn a guaranteed rate of return on your funds over a fixed period.

Rate is not available in conjunction with any bonus interest or other special rates offered on Westpac Term Deposits. You must provide a minimum of 31 days’ notice to access funds prior to maturity (except in cases of hardship). Looking at historical term deposit rates can help you understand that rates are constantly changing and how the economy influences the interest rate. Westpac Term Deposit. 0.10% 0.10% 0.20% 0.

Features and benefits

Nz term deposit rates
  • 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.

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

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.

RatesWestpac term deposit rates for over 65 years old

We are required to verify your:

  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.

Westpac Bank Term Deposit Rates

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.

Westpac term deposit rates over 65
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 Term Deposit Rates Today

Deposit

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

Westpac Term Deposit Rates Nz

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.