Bread Crumb Trail

Banking & Saving BankWest Term Deposits

Compare Bankwest Term Deposits

Compare Bankwest Term Deposits – read our review and get a detailed breakdown of the terms and rates Bankwest offer. Make an informed decision and find a term deposit to suit your savings needs.

BankWest Term Deposits Review

Bankwest offer term deposits that can guarantee a fixed return on your investment over an agreed term. With a low minimum investment amount of $1000 and a choice of your term (each offering different rates), and no bank fees incurred throughout the life of your account, you can be in charge of how your account is set up.

Bankwest was Voted savings institution of the year in the smart investor blue ribbon awards 2008.

All Bankwest term deposits are protected by the Australian Government Deposit Guarantee, offering up to $1 million of protection per institution on deposits held with the bank.

Provider Account Interest %p.a Notice Interest Paid Min Bal Apply
7.25%
Fixed term for 5 years
Annually
$5,000
6.50%
Fixed term for 3 Years
Annually
$5,000
7%
Fixed term for 3 years
Annually
$10,000
6.80%
Fixed term for 5 years
On Maturity
$1,000
6.50%
Fixed term for 4 years
On Maturity
$1,000
  • Get a fixed rate of 7.25% p.a. for 5 Years
  • Your money is tied up for the full term, so you should only invest if you're confident you won't need access to your money during the term.
  • The term of the account will run from the date of the first deposit.
  • Get a fixed rate of 6.50% p.a. for 3 Years
  • Your money is tied up for the full term, so you should only invest if you're confident you won't need access to your money during the term.
  • The term of the account will run from the date of the first deposit.
  • Suncorp have a range of terms available and can also tailor one to suit you.
  • Special negotiated rates may be available for investments over No monthly account keeping or transaction fees.
  • No matter what happens in the market, your return is guaranteed for a fixed period of time.
  • Deposit a minimum of $1,000
  • Maximum Deposit of $100 million
  • 1 mnth 4%
  • 3 mnths 4%
  • 6 mnths 4.5%
  • 1 year 5%
  • 2 years 5.7%
  • 3 years 6.3%
  • 4 years 6.5%
  • 5 years 6.8%
  • You choose your Term on application.
  • No Deposits or Withdrawals allowed during term.
  • (Withdrawals can be made but Term would close)
  • You can set up Multiple Accounts with different Terms
  • Deposit a minimum of $1,000
  • Maximum Deposit of $100 million
  • 1 mnth 4%
  • 3 mnths 4%
  • 6 mnths 4.5%
  • 1 year 5%
  • 2 years 5.7%
  • 3 years 6.3%
  • 4 years 6.5%
  • 5 years 6.8%
  • You choose your Term on application.
  • No Deposits or Withdrawals allowed during term.
  • (Withdrawals can be made but Term would close)
  • You can set up Multiple Accounts with different Terms
  • Deposit a minimum of $1,000
  • Maximum Deposit of $100 million
  • 1 mnth 4%
  • 3 mnths 4%
  • 6 mnths 4.5%
  • 1 year 5%
  • 2 years 5.7%
  • 3 years 6.3%
  • 4 years 6.5%
  • 5 years 6.8%
  • You choose your Term on application.
  • No Deposits or Withdrawals allowed during term.
  • (Withdrawals can be made but Term would close)
  • You can set up Multiple Accounts with different Terms
  • Suncorp have a range of terms available and can also tailor one to suit you.
  • Special negotiated rates may be available for investments over No monthly account keeping or transaction fees.
  • No matter what happens in the market, your return is guaranteed for a fixed period of time.
  • Minimum opening balance $10,000
  • Terms and Rates:
  • 1 mth: 4.10%
  • 2 mths: 4.20%
  • 3 mths: 5.50%
  • 4 mths: 5.50%
  • 5 mths: 5.50%
  • 6 mths: 6.00%
  • 9 mths: 6.00%
  • 1 year: 6.00%
  • 2 years: 6.10% (Interest on maturity)
  • 2 years: 6.00% (Interest paid annual)
  • Interest is calculated at an Interest Rate which is fixed for the duration of your Term Deposit.
  • Interest is paid on maturity unless otherwise agreed.
  • Get a fixed rate of 6.00% p.a. for 1 year
  • Your money is tied up for the full term, so you should only invest if you're confident you won't need access to your money during the term.
  • The term of the account will run from the date of the first deposit.
  • Get a fixed rate of 5.80% p.a. for 7 months
  • Your money is tied up for the full term, so you should only invest if you're confident you won't need access to your money during the term.
  • The term of the account will run from the date of the first deposit.
  • Deposit a minimum of $1,000
  • Maximum Deposit of $100 million
  • 1 mnth 4%
  • 3 mnths 4%
  • 6 mnths 4.5%
  • 1 year 5%
  • 2 years 5.7%
  • 3 years 6.3%
  • 4 years 6.5%
  • 5 years 6.8%
  • You choose your Term on application.
  • No Deposits or Withdrawals allowed during term.
  • (Withdrawals can be made but Term would close)
  • You can set up Multiple Accounts with different Terms
  • Get a fixed rate of 5.50% p.a. for 2 years
  • Your money is tied up for the full term, so you should only invest if you're confident you won't need access to your money during the term.
  • The term of the account will run from the date of the first deposit.
  • Deposit a minimum of $1,000
  • Maximum Deposit of $100 million
  • 1 mnth 4%
  • 3 mnths 4%
  • 6 mnths 4.5%
  • 1 year 5%
  • 2 years 5.7%
  • 3 years 6.3%
  • 4 years 6.5%
  • 5 years 6.8%
  • You choose your Term on application.
  • No Deposits or Withdrawals allowed during term.
  • (Withdrawals can be made but Term would close)
  • You can set up Multiple Accounts with different Terms
  • Get a fixed rate of 5.10% p.a. for 4 months
  • Your money is tied up for the full term, so you should only invest if you're confident you won't need access to your money during the term.
  • The term of the account will run from the date of the first deposit.
  • Deposit a minimum of $1,000
  • Maximum Deposit of $100 million
  • 1 mnth 4%
  • 3 mnths 4%
  • 6 mnths 4.5%
  • 1 year 5%
  • 2 years 5.7%
  • 3 years 6.3%
  • 4 years 6.5%
  • 5 years 6.8%
  • You choose your Term on application.
  • No Deposits or Withdrawals allowed during term.
  • (Withdrawals can be made but Term would close)
  • You can set up Multiple Accounts with different Terms