At the end of your term, you have seven calendar days (we call this your ‘grace period’) to let us know what you’d like to do with your term deposit. We’ll remind you around 10 days before your grace period starts, so you can start thinking about your options.
- reinvest your current balance for another term
- withdraw or add some funds, then reinvest
- transfer your balance to another account and close your term deposit.
If you have one of our online term deposits, you can manage your term deposit yourself in Bankwest Online Banking. Go to your account to get started – you can message us 24/7 if you get stuck.
If you have an ‘in branch’ term deposit, message, call or visit us so we can help you out.