A Westpac Business Term Deposit invest surplus funds for a fixed term and enjoy the certainty of a guaranteed return.
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 |
|---|---|---|---|---|
| 0.10% | Bonus | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Business customers | CDR | 1 Nov 2026 |
| 1.40% | Fixed · 1 month | Business customers | CDR | 1 Nov 2026 |
| 1.40% | Fixed · 1 month | Business customers | CDR | 1 Nov 2026 |
| 1.60% | Fixed · 2 months | Business customers | CDR | 1 Nov 2026 |
| 1.65% | Fixed · 2 months | Business customers | CDR | 1 Nov 2026 |
| 3.20% | Fixed · 3 months | Business customers | CDR | 1 Nov 2026 |
| 3.25% | Fixed · 3 months | Business customers | CDR | 1 Nov 2026 |
| 3.35% | Fixed · 4 months | Business customers | CDR | 1 Nov 2026 |
| 3.40% | Fixed · 4 months | Business customers | CDR | 1 Nov 2026 |
| 3.40% | Fixed · 5 months | Business customers | CDR | 1 Nov 2026 |
| 3.45% | Fixed · 5 months | Business customers | CDR | 1 Nov 2026 |
| 3.35% | Fixed · 6 months | Business customers | CDR | 1 Nov 2026 |
| 3.40% | Fixed · 6 months | Business customers | CDR | 1 Nov 2026 |
| 3.50% | Fixed · 7 months | Business customers | CDR | 1 Nov 2026 |
| 3.55% | Fixed · 7 months | Business customers | CDR | 1 Nov 2026 |
| 3.55% | Fixed · 8 months | Business customers | CDR | 1 Nov 2026 |
| 3.60% | Fixed · 8 months | Business customers | CDR | 1 Nov 2026 |
| 3.60% | Fixed · 9 months | Business customers | CDR | 1 Nov 2026 |
| 3.65% | Fixed · 9 months | Business customers | CDR | 1 Nov 2026 |
| 3.65% | Fixed · 10 months | Business customers | CDR | 1 Nov 2026 |
| 3.70% | Fixed · 10 months | Business customers | CDR | 1 Nov 2026 |
| 3.70% | Fixed · 11 months | Business customers | CDR | 1 Nov 2026 |
| 3.75% | Fixed · 11 months | Business customers | CDR | 1 Nov 2026 |
| 4.70% | Fixed · 1 year | Business customers | CDR | 1 Nov 2026 |
| 4.70% | Fixed · 1 year | Business customers | CDR | 1 Nov 2026 |
| 4.75% | Fixed · 1 year | Business customers | CDR | 1 Nov 2026 |
| 5.20% | Fixed · 1 year | Business customers | CDR | 1 Nov 2026 |
| 4.70% | Fixed · 23 months | Business customers | CDR | 1 Nov 2026 |
| 4.70% | Fixed · 23 months | Business customers | CDR | 1 Nov 2026 |
| 4.75% | Fixed · 23 months | Business customers | CDR | 1 Nov 2026 |
| 4.45% | Fixed · 35 months | Business customers | CDR | 1 Nov 2026 |
| 4.45% | Fixed · 35 months | Business customers | CDR | 1 Nov 2026 |
| 4.50% | Fixed · 35 months | Business customers | CDR | 1 Nov 2026 |
| 3.95% | Fixed · 47 months | Business customers | CDR | 1 Nov 2026 |
| 3.95% | Fixed · 47 months | Business customers | CDR | 1 Nov 2026 |
| 4.00% | Fixed · 47 months | Business customers | CDR | 1 Nov 2026 |
| 3.95% | Fixed · 59 months | Business customers | CDR | 1 Nov 2026 |
| 3.95% | Fixed · 59 months | Business customers | CDR | 1 Nov 2026 |
| 4.00% | Fixed · 59 months | Business customers | CDR | 1 Nov 2026 |
| 3.95% | Fixed · 5 years | Business customers | CDR | 1 Nov 2026 |
| 3.95% | Fixed · 5 years | Business customers | CDR | 1 Nov 2026 |
| 4.00% | Fixed · 5 years | Business customers | CDR | 1 Nov 2026 |
Report an error
Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TDBusTermDeposit- Content hash
sha256 e778fa6164c8296ac719cb4be8ff40bee39b6d7d82b98cbc4235f6d165a2b022- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_e778fa6164c8296a_1820071bShow details
- Checked
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TDBusTermDeposit- Content hash
sha256 e778fa6164c8296ac719cb4be8ff40bee39b6d7d82b98cbc4235f6d165a2b022- 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.
Fees
| Fee | Type | Amount |
|---|---|---|
| Bank cheque | Transaction | $10.00 |
| Bank cheque Online | Transaction | $0.00 |
| Refunding a Bank cheque no longer required - original presented | Transaction | $0.00 |
| Refunding / Replacing a Bank cheque - original lost, stolen or destroyed | Replacement | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | Guaranteed earnings: With a fixed interest rate over a fixed term, you'll know exactly how much you're going to earn on your investment. | |
| Other | Bonus interest rates: Get 0.10% p.a. extra for opening or renewing online. And check if you qualify for other bonus rates when you sign in. | |
| Digital banking | Online opening: There's no need to visit a branch. Open, view and manage your account in Online Banking and the Westpac App. | |
| Other | Security option: You can use a Business Term Deposit as security for a loan or bank guarantee, if you apply on a PC or mobile browser. | |
| Other | 12-month Special Offer, on Term Deposits opened or renewed by existing Westpac personal or business customers. Available on deposits of $5,000 to $2,000,000 with interest paid monthly, half yearly or at maturity. T&Cs Apply. | |
| Other | A safe investment: Avoid market fluctuations by earning a fixed interest rate on your investment, while avoiding the temptation to dip into your savings. | |
| Other | Customers can open account either by Branch, Phone or Online. | |
| Other | Statements sent includes confirmation, maturity, renewal and repayment advices | |
| Fraud protection | The product includes limited fraud protection features. | |
| Relationship management | Relationship management is available for eligible customers. | |
| Other | Interest is paid: Monthly, yearly or at Maturity (where the term is 12 months or less) or at the end of any notice period. | |
| Other | Add 0.10% p.a. online bonus rate to these rates if you're already with Westpac and opening or renewing online. | |
| Other | Your choice of terms: Pick a fixed term that matches your business cycle, from 1 month to 5 years. And choose how you want your interest to be paid. | |
| Other | Options at maturity: At the end of the term, choose whether to withdraw some or all of the funds or reinvest them for another term at the latest rate. | |
| Other | Flexibility if needed: If you really need your funds and give us enough notice, early withdrawal may be possible. But rate adjustments and reduced returns may apply. | |
| Eligibility: min age | 18 | |
| Eligibility: residency status | Those with an Australian residential address and who are currently in Australia. | |
| Eligibility: business | Should have an eligible business registered in Australia | |
| Eligibility: business | Should be authorised to act on behalf of an Australian business | |
| Eligibility: other | Ensure every signatory on an account is identified according to Westpac's ID standard | |
| Limit: min balance | 5000.00 | |
| Limit: max balance | 2000000.00 |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Fixed · 6 months | 1 Nov 2026 | Current | 3.35% |
| Fixed · 3 months | 1 Nov 2026 | Current | 3.25% |
| Fixed · 1 year | 1 Nov 2026 | Current | 4.75% |
| Fixed · 5 years | 1 Nov 2026 | Current | 3.95% |
| Fixed · 47 months | 1 Nov 2026 | Current | 3.95% |
| Fixed · 1 year | 1 Nov 2026 | Current | 5.20% |
| Fixed · 1 month | 1 Nov 2026 | Current | 1.40% |
| Fixed · 59 months | 1 Nov 2026 | Current | 4.00% |
| Fixed · 23 months | 1 Nov 2026 | Current | 4.70% |
| Fixed · 35 months | 1 Nov 2026 | Current | 4.45% |
| Fixed · 23 months | 1 Nov 2026 | Current | 4.75% |
| Fixed · 5 months | 1 Nov 2026 | Current | 3.45% |
| Fixed · 35 months | 1 Nov 2026 | Current | 4.50% |
| Fixed · 2 months | 1 Nov 2026 | Current | 1.60% |
| Fixed · 5 months | 1 Nov 2026 | Current | 3.40% |
| Fixed · 10 months | 1 Nov 2026 | Current | 3.70% |
| Fixed · 4 months | 1 Nov 2026 | Current | 3.35% |
| Fixed · 7 months | 1 Nov 2026 | Current | 3.50% |
| Fixed · 4 months | 1 Nov 2026 | Current | 3.40% |
| Fixed · 10 months | 1 Nov 2026 | Current | 3.65% |
| Fixed · 59 months | 1 Nov 2026 | Current | 3.95% |
| Fixed · 8 months | 1 Nov 2026 | Current | 3.55% |
| Fixed · 1 month | 1 Nov 2026 | Current | 1.40% |
| Fixed · 5 years | 1 Nov 2026 | Current | 4.00% |
| Fixed · 47 months | 1 Nov 2026 | Current | 3.95% |
| Fixed · 2 months | 1 Nov 2026 | Current | 1.65% |
| Fixed · 1 year | 1 Nov 2026 | Current | 4.70% |
| Fixed · 11 months | 1 Nov 2026 | Current | 3.70% |
| Bonus | 1 Nov 2026 | Current | 0.10% |
| Fixed · 9 months | 1 Nov 2026 | Current | 3.60% |
| Fixed · 1 year | 1 Nov 2026 | Current | 4.70% |
| Fixed · 35 months | 1 Nov 2026 | Current | 4.45% |
| Fixed · 47 months | 1 Nov 2026 | Current | 4.00% |
| Fixed · 8 months | 1 Nov 2026 | Current | 3.60% |
| Fixed · 9 months | 1 Nov 2026 | Current | 3.65% |
| Fixed · 5 years | 1 Nov 2026 | Current | 3.95% |
| Fixed · 23 months | 1 Nov 2026 | Current | 4.70% |
| Fixed · 59 months | 1 Nov 2026 | Current | 3.95% |
| Fixed · 7 months | 1 Nov 2026 | Current | 3.55% |
| Fixed · 6 months | 1 Nov 2026 | Current | 3.40% |
| Fixed · 11 months | 1 Nov 2026 | Current | 3.75% |
| Fixed · 3 months | 1 Nov 2026 | Current | 3.20% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
segment:business | Business customers | Listed with business products, not personal ones |
Registered channels
Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.People registered for this product
No one is registered for this product yet. Lender staff and brokers can join through verification.