Our Online Term Deposits have great rates
If you’re looking for a term deposit with a great rate and keen to get the job done online, you can earn a good return with an Online Term Deposit (also known as tddirect). The exact rate depends on the term so whether you want to put your money away for a few months, or a year, you’ll find our rates are hard to beat.
You can open an Online Term Deposit with as little as $1,000. As this is an online account, you’ll need to transfer the money in from a linked account.
Online Term Deposit features:
- earn up to 3.40% p.a. for 4 months (interest paid at maturity)
- wide range of terms and rates to choose from
- no fees^
- low minimum opening deposit of $1,000
- invest up to $5 million
existing online banking customers only
can we also suggest?
variable rate on balances up to $250K each month you deposit min $200 & make no withdrawals
Earn a high variable Smart rate each month you don’t dip into your savings
Bankwest Qantas Transaction Account:
Australia’s only transaction account that lets you earn Qantas Points on your everyday balances
^ Fees may apply to linked account