Business TD Direct

Our term deposit guarantees a return by securing a competitive fixed interest rate for a term that suits your needs

2.55% p.a. fixed for 12 months (minimum deposit of $10,000)


Guarantee a return

Earn interest with competitive fixed interest rates


Wide range of terms

Fixed terms of up to 5 years


Save on fees

No account keeping or transaction fees*


Easy access

Online access to your accounts through Online Business Banking


Supporting your business

  • Start earning interest and secure a return with a minimum investment of $10,000 (maximum $2,000,000)
  • Flexible interest payment options for terms over 12 months
  • Online access to your accounts through Online Business Banking
  • Available to businesses including trusts, non-profit organisations and superannuation funds

Additional Extras

  • Choose to automatically reinvest
  • When your term deposit matures, enjoy 7 calendar days’ grace to consider your options.

This is an online term deposit, you’ll need a linked account* to withdraw or deposit cash.

Recent changes aimed at strengthening the banking system mean we now require 31 days’ notice if you want to withdraw your funds before the maturity date. You can still access your money at maturity and during the grace period.


Term $10,000 - $2,000,000
1 month 1.50% p.a.
2 months 1.50% p.a.
3 months 2.35% p.a.
4 months 1.50% p.a.
5 months 1.50% p.a.
6 months 2.55% p.a.
7 months 1.50% p.a.
8 months 1.50% p.a.
9 months 1.50% p.a.
10 months 1.50% p.a.
11 months 1.50% p.a.
1 year 2.55% p.a.
2 years 2.60% p.a.
3 years 2.60% p.a.
4 years 2.65% p.a.
5 years 2.65% p.a.

Effective Friday 5 May 2017

Note: Rates may change between now and when you apply for the Term Deposit.

For deposits which have a term less than 12 months, the interest rate quoted is based on interest paid on maturity. For deposits which have a term of 12 months or more, the interest rate quoted is based on interest paid annually.


There are no account keeping or transaction fees*.

* Fees may apply to linked account.

© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.