Bankwest Term Deposit Rates
- Bankwest is a domestic Australian bank with locations NSW, VIC, QLD, WA and SA. Its origins were from 1895 and is wholly owned subsidiary of the Commonwealth Bank Group. As at 2012 it had over 1 million retail customers, 4000 ATMS and 139 stores and 72 business banking centres ar.
- Hero Saver (Earn the variable Hero Rate of 0.80% p.a. For balances up to $250,000.99 each month you deposit at least $200, excluding interest, and make no withdrawals). Max Interest rate($10,000) Base Interest rate($10,000) 0.01.
- Effective 27 March, Bankwest will increase 12 month term deposits by 50 basis points, to a new rate of 1.70% p.a. “We want our customers across Australia to know we’re here to support them through this period, be that via our branches, our 24/7 secure in-app messaging or our Contact Centre,” Bankwest Executive General Manager Sinead.
- For deposits which have a term of less than 12 months, interest is paid on maturity. For deposits which have a term of 12 months or greater, you may ask have your interest paid monthly, quarterly, six monthly or annually. The rate of 1.59% is 0.12% higher than the average 1.47%.
- Australian dollar
- Fixed interest, fixed term investment
- Minimum investments from $5,000
Standard variable rate applies each month you make a withdrawal and/or deposit less than $200. This rate also applies to balances over $250,001 and up to $5,000,000.99. Interest is calculated at the.
Bankwest Term Deposit Rates 2020
RAC Finance investments offer an Australian dollar, fixed interest, fixed term investment with varying investment options.
*RAC Finance is a wholly owned subsidiary of RACWA Holdings Pty Ltd which in turn is wholly owned by the Royal Automobile Club of WA (Inc). The Royal Automobile Club of WA (Inc) and
RACWA Holdings Pty Ltd do not guarantee your investment but they are committed to RAC Finance’s role as a financier.
Thinking of investing? Think RAC Finance
How much can I invest?
Bankwest Term Deposit Rates Today
Bank Term Deposit Interest Rates
We can accept investments starting from $5,000.