1 live product
Rabobank
Best match at selected term
4.55%p.a.
Online Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$1,000
Finding the best rates…
Term Deposits Comparison
Bank One
Rabobank
Best available
Up to 5.10% p.a.
Line-up
1 live product
VS
Rabobank vs Westpac
Compare Rabobank and Westpac term deposits in March 2026. Rabobank offers rates up to 5.10% p.a. across 11 term lengths, while Westpac reaches 3.55% p.a. across 17 terms.
Tune The Comparison
$
VS
1 live product
Westpac
Best match at selected term
3.55%p.a.
Term Deposit
Pays maturity across a 12-month term.
Term
12 months
Payout
maturity
Min deposit
$5,000
Live edge
Rabobank currently pays 1.00% more at 12 months, worth about $100 extra on $10,000.
1.00% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Rabobank | Westpac |
|---|---|---|
| Rate at selected term | 4.55% | 3.55% |
| Best headline rate | 5.10% | 3.55% |
| Minimum deposit | $1,000 | $5,000 |
| Interest payment | maturity | maturity |
| Terms available | 145 | 39 |
All Rabobank Products
Every tracked term deposits option from Rabobank.
All Westpac Products
Every tracked term deposits option from Westpac.
Rabobank's best term deposit rate is 5.10% p.a. across 145 variants, while Westpac offers up to 3.55% p.a. across 39 variants. Rabobank pays 1.55% more, earning you an extra $775 on a $50,000 deposit over 12 months.
Rabobank offers terms of 1 month, 3 months, 6 months, 9 months, 1 year, 1.25 years, 1.5 years, 2 years, 3 years, 4 years, 5 years, while Westpac covers 1 month, 2 months, 3 months, 4 months, 5 months, 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 1 year, 1.9166666666666667 years, 2.9166666666666665 years, 3.9166666666666665 years, 4.916666666666667 years, 5 years.
Quick Comparison
| Feature | Rabobank | Westpac |
|---|---|---|
| Best Rate | 5.10% | 3.55% |
| Min Deposit | $1,000 | $5,000 |
| Terms Available | 11 | 17 |
| Payment Options |
Common Questions
Rabobank vs Westpac FAQs
Which bank has the better term deposit rate, Rabobank or Westpac?
Rabobank currently offers the higher rate at 5.10% p.a. Compare specific terms and deposit amounts for the most accurate comparison.
What term deposit rates does Rabobank offer in 2026?
Rabobank's best term deposit rate is 5.10% p.a. They offer 11 different term lengths.
What term deposit rates does Westpac offer in 2026?
Westpac's best term deposit rate is 3.55% p.a. They offer 17 different term lengths.
How much more interest can I earn with Rabobank on a $50,000 term deposit?
At current rates, Rabobank pays approximately $775 more per year on a $50,000 deposit, based on their 1.55% rate advantage.