The Bankwest Term Deposit lets you lock away your savings for a fixed term of up to five years with a competitive fixed interest rate, giving you certainty on the interest you'll earn
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 2.00% | Fixed · 1 month · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 2.00% | Fixed · 2 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.00% | Fixed · 3 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 4 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.15% | Fixed · 5 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 6 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 7 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 8 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 9 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 10 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.40% | Fixed · 11 months · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.18% | Fixed · 1 year · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.20% | Fixed · 1 year · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.23% | Fixed · 1 year · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.30% | Fixed · 1 year · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.89% | Fixed · 2 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.91% | Fixed · 2 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.94% | Fixed · 2 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.00% | Fixed · 2 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.89% | Fixed · 3 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.91% | Fixed · 3 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.94% | Fixed · 3 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.00% | Fixed · 3 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.89% | Fixed · 4 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.91% | Fixed · 4 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.94% | Fixed · 4 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.00% | Fixed · 4 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.89% | Fixed · 5 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.91% | Fixed · 5 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 4.94% | Fixed · 5 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
| 5.00% | Fixed · 5 years · $1,000–$10,000,000 | Lender's staff | CDR | 1 Nov 2026 |
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://open-api.bankwest.com.au/bwpublic/cds-au/v1/banking/products/45ae8068128d4bb68cb8acb1065637d5- Content hash
sha256 a12772e7812829893e013f1b30a73fde53ecdde0c6f8606a257424c0204ea6b3- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_a12772e781282989_d3e4dc4fShow details
- Checked
- 1 Nov 2026
- URL
https://open-api.bankwest.com.au/bwpublic/cds-au/v1/banking/products/45ae8068128d4bb68cb8acb1065637d5- Content hash
sha256 a12772e7812829893e013f1b30a73fde53ecdde0c6f8606a257424c0204ea6b3- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Npp enabled | This means you can receive faster payments into this account, often in real time. Keep in mind - this account isn't eligible for PayID. | |
| Digital banking | Manage your term deposit in Bankwest Online Banking subject to conditions of use. | |
| Other | Changes aimed at strengthening the banking system mean we need 31 days' notice if you want to withdraw your funds before the maturity date. This can also affect the interest we pay you. You can still access your money at maturity and during the grace period. You may request the withdrawal of all or part of your funds prior to the maturity date provided that you give 31 days' notice. If your Term Deposit has less than 31 days to maturity, you will only be able to access funds on the maturity date. The notice period starts on the day you request withdrawal. However, where the request falls on a non-business day the notice period will start on the next business day. If you are experiencing hardship and need your funds before maturity, please contact us. If you withdraw all or part of your funds prior to the maturity date, your entitlement to interest in respect of the deposit will be reduced, according to when an early repayment is made. Please refer to the Term Deposits Terms & Conditions for further details. | |
| Other | This account is only available for either the 1,2,3,4,5,6,7,8,9,10,11,12,24,36,48, or 60 Months term. | |
| Other | At the end of your term, unless we notify you that we will not be renewing your deposit, you have seven calendar days (known as your 'grace period') to let us know you want to withdraw your funds or reinvest them. If you don't let us know, your funds will be automatically reinvested for the same term at the applicable rate. | |
| Other | You may instruct us at any time during the term of your deposit, to renew it at its maturity. | |
| Notifications | Maturity reminders | We will send you a letter to remind you when your term is about to end, and we will also let you know on your term deposit account page in online banking. We will send you a confirmation letter when you open and renew your term deposit. For term deposits with a term of six months or more, we will give you an account statement every six months. We will also send you a term deposit reinvestment notice before it matures, not only as a reminder but to also explain what you can do next. |
| Other | Set up online or over the phone and manage your term deposit online. | |
| Eligibility: min age | 14 | The account is available to personal customers who meet the following age criteria: If applying through staff assisted channels, be aged 14 years or older. If applying through online channels, be aged 16 years or older. Effective 4 May 2026, the customer cannot be acting in the capacity of a trustee of a trust (unless the product was already held in a trust capacity prior to that date). Additional eligibility criteria apply for joint accounts. |
| Eligibility: natural person | The account is available to personal customers who meet the following age criteria: If applying through staff assisted channels, be aged 14 years or older. If applying through online channels, be aged 16 years or older. Effective 4 May 2026, the customer cannot be acting in the capacity of a trustee of a trust (unless the product was already held in a trust capacity prior to that date). Additional eligibility criteria apply for joint accounts. | |
| Eligibility: other | Account is available for single and joint account holder. | |
| Eligibility: other | You must have a current Direct Debit Request at all times (this enables us to transfer funds from your Linked Account to your account). | |
| Eligibility: other | You must have an Australian transaction account, with Bankwest or another financial institution, that allows direct debits to and from the account (so we can transfer funds from your linked account to your term deposit). | |
| Eligibility: other | A Linked Account is optional for a Bankwest Term Deposit that is migrated from a Gold Term Deposit. | |
| Eligibility: other | Maximum term 5 years | Maximum term of the deposit is five years. |
| Eligibility: other | Minimum term 1 month | Minimum term of the deposit is one month. |
| Eligibility: residency status | AU | Available to Australian citizens and permanent or temporary residents with an Australian residential address (limited exceptions may apply subject to conditions). |
| Limit: opening balance | 1000.00 |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Fixed · 3 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.89% |
| Fixed · 5 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.89% |
| Fixed · 2 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.91% |
| Fixed · 6 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 3 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.00% |
| Fixed · 5 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.91% |
| Fixed · 1 year · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.20% |
| Fixed · 4 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.91% |
| Fixed · 4 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 4 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.89% |
| Fixed · 2 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.00% |
| Fixed · 3 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.00% |
| Fixed · 5 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.00% |
| Fixed · 3 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.91% |
| Fixed · 3 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.94% |
| Fixed · 10 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 7 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 2 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.89% |
| Fixed · 1 month · $1,000–$10,000,000 | 1 Nov 2026 | Current | 2.00% |
| Fixed · 2 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.94% |
| Fixed · 9 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 4 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.94% |
| Fixed · 8 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 5 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.94% |
| Fixed · 1 year · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.23% |
| Fixed · 2 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 2.00% |
| Fixed · 11 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 4.40% |
| Fixed · 1 year · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.30% |
| Fixed · 4 years · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.00% |
| Fixed · 1 year · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.18% |
| Fixed · 5 months · $1,000–$10,000,000 | 1 Nov 2026 | Current | 5.15% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
eligibility:staff | Lender's staff | Filter; shown in the row |
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