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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 3 years
Annually
$10,000
6.75%
Fixed term for 5 years
Annually
$5,000
6.50%
Fixed term for 3 Years
Annually
$5,000
6.41%
Fixed term for 6 Months
On Maturity
$1
6.35%
Choose 3,6,9,12 or 24 months
Monthly
$1,000
  • Get a fixed rate of 6.75% 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.
  • Simply open your account with a deposit of $1000 or more
  • Select the term which best meets your goals – 3,6,9,12 or 24 months
  • Rates include:
  • 6.35% p.a. – 7 months
  • 6.15 – p.a. – 3 months
  • Relax and enjoy the security of a fixed guaranteed rate of return for the term of your investment
  • Extremely competitive rates on all terms offered
  • All interest is calculated daily
  • No account keeping fees to pay
  • Maximum return on every dollar you invest
  • 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: 4.80%
  • 2 mth: 4.90%
  • 3 mth: 5.60%
  • 4 mth: 5.80%
  • 5 mth: 5.70%
  • 1 year: 6.10%
  • 2 years: 6.25%
  • 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 5.85% 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.
  • Get a fixed rate of 6.0% 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.
  • Get a fixed rate of 5.40% 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.
  • No account opening fees
  • Choose a 1, 3, 6, 9 or 12 month term
  • Have the option of a Self Managed Super Fund
  • Get a 0.10% p.a. Loyalty Bonus when you rollover 100% of your term deposit
  • Set up your fund quickly online with a Turbo Deposit account opening process
  • Get a government guarantee on deposits up to $1 million (limit applies to total funds deposited with NAB)
  • No account opening fees
  • Choose a 1, 3, 6, 9 or 12 month term
  • Have the option of a Self Managed Super Fund
  • Get a 0.10% p.a. Loyalty Bonus when you rollover 100% of your term deposit
  • Set up your fund quickly online with a Turbo Deposit account opening process
  • Get a government guarantee on deposits up to $1 million (limit applies to total funds deposited with NAB)
  • No account opening fees
  • Choose a 1, 3, 6, 9 or 12 month term
  • Have the option of a Self Managed Super Fund
  • Get a 0.10% p.a. Loyalty Bonus when you rollover 100% of your term deposit
  • Set up your fund quickly online with a Turbo Deposit account opening process
  • Get a government guarantee on deposits up to $1 million (limit applies to total funds deposited with NAB)
  • No account opening fees
  • Choose a 1, 3, 6, 9 or 12 month term
  • Have the option of a Self Managed Super Fund
  • Get a 0.10% p.a. Loyalty Bonus when you rollover 100% of your term deposit
  • Set up your fund quickly online with a Turbo Deposit account opening process
  • Get a government guarantee on deposits up to $1 million (limit applies to total funds deposited with NAB)
  • No account opening fees
  • Choose a 1, 3, 6, 9 or 12 month term
  • Have the option of a Self Managed Super Fund
  • Get a 0.10% p.a. Loyalty Bonus when you rollover 100% of your term deposit
  • Set up your fund quickly online with a Turbo Deposit account opening process
  • Get a government guarantee on deposits up to $1 million (limit applies to total funds deposited with NAB)

Bankwest News

Interest rate on some BankWest mortgage products down
Those looking for a new three of five-year fixed term mortgage deal might like to take a look at what BankWest has to offer after it reduced its interest rates on the products. ...
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Thu 24th Jun, 2010
Beware skimmers, says Bankwest
Changing credit card pin numbers could help reduce the chances of falling foul to identity thieves, one bank suggests. ...
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Thu 8th Oct, 2009