Bankwest term deposits
Bankwest has one term deposit that BankMate tracks, with 31 options: 16 terms from 1 month to 5 years, interest paid at maturity, monthly, quarterly, half-yearly or annually.
Term deposit · 16 terms
Bankwest Term Deposit
5.30%p.a. · 1 year
interest at maturity or half-yearly or quarterly or monthly or annually; from $1,000
52nd of 401 12-month deposits
Rates by term and how interest is paid
- At maturity5.00%
- Monthly–
- Quarterly–
- Half-yearly–
- Annually–
- Terms
- 1 month to 5 years
- Minimum deposit
- $1,000
- Maximum deposit
- $10,000,000
- To break it early
- 31 days' notice
Often compared with: CommBank
- 1 month
- 2.00% · #13 of 62 1-month deposits
- 2 months
- 2.00% · #16 of 68 2-month deposits
- 3 months
- 5.00% · #21 of 164 3-month deposits
- 4 months
- 4.40% · #32 of 88 4-month deposits
- 5 months
- 5.15% · #3 of 79 5-month deposits
- 6 months
- 4.40% · #111 of 180 6-month deposits
- 7 months
- 4.40% · #37 of 92 7-month deposits
- 8 months
- 4.40% · #17 of 81 8-month deposits
- 9 months
- 4.40% · #68 of 149 9-month deposits
- 10 months
- 4.40% · #18 of 86 10-month deposits
- 1 year
- 5.30% · #52 of 401 12-month deposits
- 2 years
- 5.00% · #73 of 255 24-month deposits
- 3 years
- 5.00% · #48 of 221 36-month deposits
- 4 years
- 5.00% · #30 of 125 48-month deposits
- 5 years
- 5.00% · #31 of 124 60-month deposits
- Minimum deposit
- $1,000
- Maximum deposit
- $10,000,000
- Paid
- At maturity or Half-yearly or Quarterly or Monthly or Annually
- Compounding
- daily
- Notice
- 31 days' notice
- Before maturity
- you may request the withdrawal of all or part of your funds prior to the maturity date provided that you give the Bank 31 days' notice. … interest on the amount repaid will, for the period until its repayment, be calculated at the Bankwest Term Deposit interest rate which would have applied had the deposit been lodged … for that period until its repayment, reduced by …: 0% to less than 25% 1.20% p.a.; 25% to less than 50% 0.90% p.a.; 50% to less than 75% 0.60% p.a.; 75% to less than 100% 0.30% p.a. … If you are experiencing hardship … message us in the Bankwest App or call our Contact Centre.
- Read from
- Bankwest's own site, 28 October 2026
October 20261 change
- 10Sat
- 3 terms up 0.10 to 0.2010 days after the RBA rise to 4.60%+0.10 to +0.20
3-month, paid at maturity 4.80 5.00 +0.20 5-month, paid at maturity 5.00 5.15 +0.15 12-month, paid at maturity 5.20 5.30 +0.10 12-month, paid monthly 5.08 5.18 +0.10 12-month, paid quarterly 5.10 5.20 +0.10 12-month, paid half-yearly 5.13 5.23 +0.10
May 20261 change
- 16Sat
- 4 terms up 0.9810 days after the RBA rise to 4.35%+0.98
24-month, paid annually 3.96 4.94 +0.98 36-month, paid annually 3.96 4.94 +0.98 48-month, paid half-yearly 3.96 4.94 +0.98 60-month, paid half-yearly 3.96 4.94 +0.98
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
Notes on Bankwest term deposits
to leave a note.
As of 1 November 2026, Bankwest has one term deposit product tracked by BankMate, over 16 terms from 1 month to 5 years. Its highest rate is 5.30% p.a. on the Bankwest Term Deposit for 1 year, 52nd of 401 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 10 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.