BT Invest has a range of term deposits offering a variety of terms and interest payment frequencies to meet your needs.
- 3 months
- 6 months
- 1 year
- 3 years
- 5 years
Flexibility
With an initial investment minimum of $5,000, you can choose from a range of brands and payment frequencies.
Certainty
Security of a low level of risk and a fixed interest rate that gives you a known rate of return, even in uncertain times.
Ease
Simple options on maturity to allow you to easily invest in a new term deposit. Term deposits can be applied for and managed online.
Pricing
$60
BT Invest administration cost (p.a.)*
NIL
Management cost
NIL
Transaction costs
For example, if you purchased a term deposit of $10,000 during the year, you'd pay:
* The $60 p.a. is an Account Based Administration Fee, and this fee will be the same regardless of how many investments you may hold (and won’t apply until you’ve made your first deposit). For example, if you later invest in a managed fund, your Account Based Administration Fee remains at $60 p.a.
Please note, an Asset Based Administration Fee applies to any investments in managed funds or the sector managed portfolio options (but not to BT Cash, term deposits or the five diversified managed portfolio options).
For further information see the ‘Fees & Costs’ section of the BT Invest Investor Guide and the ‘What are the fees and other costs?’ section of the BT Managed Portfolios PDS.
Term deposit rates
If you’d like to know the particular interest rate of a term deposit, please call 1300 889 635 or they are available online after opening a BT Invest account.
View other investment choices
Go back to Build Your Own options
Managed funds
Managed funds are professionally managed investment portfolios with specific investment aims (e.g. to follow or do better than the market) and investment mixes (e.g. shares, bonds, etc).
Managed portfolios
Managed portfolio options are a portfolio of assets made up from managed funds, shares (which may include exchange traded funds) or cash. They are monitored by an appointed investment adviser to ensure the right investments in the right proportions are in place.
Open an account
If you're ready to get started you can apply online in about 10 minutes.
Things you should know
BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) is the operator of BT Invest. Westpac Financial Services Ltd ABN 20 000 241 127 AFSL 233716 (WFSL) is the responsible entity and issuer of interests in BT Managed Portfolios. Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) is the issuer of the BT Invest Cash Management Account (BT Invest CMA) (together, the BT Invest products).
This information does not take account of your individual objectives, financial situation and needs. A Product Disclosure Statement or other disclosure document (PDS) for the BT Invest products can be obtained by contacting BT on 1300 881 716 or by visiting www.bt.com.au. You should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of the BT Invest products.
BTPS and WFSL are subsidiaries of Westpac. Apart from any interest investors may have in Westpac term deposits, Westpac securities or the BT Invest CMA through the BT Invest products, the BT Invest products are not a deposit with, investment in, or any other liability of Westpac or any other company in the Westpac Group. These investments are subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. Westpac and its related entities do not stand behind or otherwise guarantee the capital value or investment performance of the BT Invest products.