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With up to 6.25%p.a., the bankwest tddirect online term deposit offers a fantastic return, plus you can choose the term that best suits you. Compare that with the big banks! BankWest term deposits are ideal if you are looking for the security of a fixed rate of return over a specific period of time.
Interest Rate
| Min. Deposit
| Fees $
|
up to 6.25%
| $1000
| $0 |
Key Features of the bankwest tddirect
- Up to 6.25%p.a.
- Absolutely no fees.
- Choice of 3, 6 and 12 month terms.
- 10-day grace period upon maturity to decide what you want to do with your money. - Low minimum opening deposit of $1,000.
Compare Your Bank - Quick Facts on Term Deposit Accounts- Term deposit rates are often higher than those of standard high interest savings accounts
- Offer higher rates in exchange for you depositing your money for a fixed length of time such as 3 months or 1 year.
- At the end of a fixed term you have the choice to renew your investment for another term at a fixed rate or withdraw your money with the interest earnt to date.
- Excellent for those looking to save money over the medium to long term
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