Social and community
Responsible products
Everyday banking
We provide a number of products for low income and vulnerable members of the community.
Westpac Basic
Westpac Basic is for those with a Pensioner Concession Card or Health Care Card. It offers:
- Unlimited fee-free withdrawals and deposits
- A transaction account
- Internet access
Deeming account
Deeming account is for customers with a valid Pensioner Concession Card or Health Care Card. Those aged 55 years or older and retired are also eligible. It offers:
- 8 free withdrawals per month
- Unlimited free deposits
- No monthly service fees
- Credit interest based on the Government's Deeming rates.
Indigenous Capital Assistance Scheme
The Indigenous Capital Assistance Scheme is an Australian Government initiative in conjunction with the Department of Employment and Workplace Relations. It provides eligible indigenous business owners with:
- Access to business finance and advisory support
- Finance from $20,000 to $500,000 with subsidised interest rates for the first 3 years
- Reimbursement of up to $22,500 for professional services
- Free business mentoring support.
Youth and student services
We offer a range of benefits to high school and tertiary students, workers aged under 21 and university graduates. The Student Visa Card comes with the option of a $300, $400 or $500 credit limit for eligible customers, assessed against their income from casual/part-time work or Austudy.
Low Rate MasterCard or Visa
The Low Rate MasterCard or Visa offers a lower rate of interest in a basic credit card product for eligible customers. It offers the ability to borrow money at a lower rate when you need it.
Environmentally responsible products
We offer a range of products and incentives to help you help the environment.
Green Credit Card Initiative
Our credit card customers can now use their rewards points to purchase energy and water saving devices - including energy efficient light globes and water saving showerheads - or offset their greenhouse emissions and go carbon neutral.
Landcare CarbonSMART
We are enabling our farmers to take advantage of emerging emission offset opportunities and obtain an income for re-vegetating their land, through the Landcare CarbonSMART initiative.
Socially Responsible Investment strategies
BT Investment Management offers a range of Socially Responsible Investment strategies to Australian investors covering both sustainability and ethical styles.
