Current savings accounts from this bank.
Westpac eSaver
A no-conditions online savings account.
Advertised rate
5-month intro 5.00% p.a.
Then ongoing 1.00% p.a.
Rate details
5-month intro rate
5.00% p.a.
Who can open it
- Intro offer is limited to new customers.
- $50 cashback promotion currently listed.
- Cashback promotion is limited to new customers.
- Cashback requires a linked Westpac Choice everyday account account.
- Cashback requires depositing at least $50 within 10 days.
- Conditions are assessed on a calendar-month basis.
- Interest is credited on the last day of the month.
Bump Savings
For under-18s only.
Advertised rate
4.80% p.a.
Base + bonus rate
Rate details
Ongoing rate
4.80% p.a.
Max rate when conditions are met
4.80% p.a.
Bonus conditions need to be met for the max rate.
How to get the best rate
- Keep a positive balance throughout the month.
- Make at least 1 deposit each month.
- Finish the month with a higher balance than you started with.
Who can open it
- Available up to age 17.
- A parent or guardian is required under age 14.
- Parental control is required under age 12.
- $50 cashback promotion currently listed.
- Cashback promotion is limited to new customers.
- Cashback requires a linked Westpac Choice Youth account.
- Cashback requires depositing at least $50 within 10 days.
Westpac Life
Hold a linked Westpac everyday account and, each month, keep the balance above $0 at all times, make at least one deposit, and finish the month with a higher balance than you started to earn the bonus rate.
Advertised rate
4.75% p.a.
Base + bonus rate
Rate details
Ongoing rate
4.75% p.a.
Max rate when conditions are met
4.75% p.a.
Bonus conditions need to be met for the max rate.
How to get the best rate
- Make at least 1 deposit each month.
- Finish the month with a higher balance than you started with.
- Keep a positive balance throughout the month.
Who can open it
- Requires a linked Westpac everyday account account.
- $50 cashback promotion currently listed.
- Cashback promotion is limited to new customers.
- Cashback requires a linked Westpac Choice everyday account account.
- Cashback requires depositing at least $50 within 10 days.
- Conditions are assessed on a calendar-month basis.
- Interest is credited on the last day of the month.
Rates, eligibility and product terms can change. Check the bank's official page before opening an account.
