Guaranteed return plus access whenever you need it
A Bankwest Early Release Term Deposit account gives you the best of both worlds - a great interest rate of 2.20% p.a. fixed for 12 months, plus no penalties for accessing your funds.
As long as you keep your balance above $10,000 for 12 months, we'll guarantee the rate, and won't penalise any withdrawals after the first month.
It gives you the security of a term deposit with access when you need it.
The Early Release Term Deposit offers our best available interest rate for a no penalty withdrawals account, plus more:
- Interest rate return of 2.20% p.a.
- Fixed for 12 months.
- No penalties for accessing your funds after the first month.
- Our great rate guaranteed throughout the term.
- $10,000 minimum balance at all times.











