on 19-01-2016 09:05 AM - last edited on 01-03-2016 11:29 AM by LyndsC
on 19-01-2016 09:49 AM - last edited on 17-09-2019 01:45 PM by MegB
Hi @Fishnenya, thanks for the question. Grace period is for the 7 days from the date your term deposit matures.
In this time you can either choose to reinvest or move your funds elsewhere.
You can do this by having a chat with our Online Messaging Team, popping into a Bankwest store or giving us a call on 13 17 19. Our Contact Centre is avialable at any time for your convenience.
If in the 7 days you do not do anything your savings will be reinvested for the same time frame you choose previously with the interest rate based on the maturity date. Hope that helps.
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on 20-01-2016 04:00 AM - last edited on 01-03-2016 11:30 AM by LyndsC
What appeals to you about a term deposit @Fishnenya?
You might find some useful information in an earlier post - What incentive is there to choose a term deposit over an online savings account?