Westpac offers special Chopper Term Deposit rates

Westpac offers special Chopper Term Deposit rates

To celebrate this month’s Chopper Appeal, Westpac NZ Ltd is giving its customers the chance to earn an extra 0.3% on selected term deposits during May 2009.

By donating $5 or more to the rescue helicopter services, customers can get access to two special Chopper Term Deposit rates.

The two special rates available are:
• 4.55% p.a. for One Year Term Deposit (4.25% + 0.3% bonus interest)
• 4.30% p.a. for a 90 Day Term Deposit (4.0% +0.3% bonus interest)

Ian Sutcliffe, Westpac’s GM Marketing says, “In these tight economic times, we remain committed to our community partnerships and this great rate for our customers also helps raise much needed funds for the rescue helicopter services throughout New Zealand.”

The bonus interest will be available on selected term deposits for the last two weeks of May to coincide with the end of Chopper Appeal Month. The 0.3% bonus is in addition to the already competitive standard term deposit rates.

Both term deposits feature the usual benefits of a standard Westpac term deposit, including:
• interest paid quarterly or at maturity (for terms over one year)
• option of interest compounded quarterly and paid at maturity (for terms over one year)
• minimum deposit of $5,000.

ENDS

© Scoop Media