Rates and fees on savings accounts

	Westpac Reward Saver	Westpac Cash Manager	Westpac eSaver	Westpac Term Deposit
Account Features
Minimum opening balance	N/A	N/A	N/A	$5,000
Monthly service fee	NIL	$5.00	NIL	NIL
Minimum monthly balance to waive monthly service fee	N/A	$10,000	N/A	N/A
Free transactions (per month)	$2.50 charge for all withdrawals	Unlimited Internet Banking and Automated Telephone Banking electronic transactions only	Unlimited Internet Banking and Automated Telephone Banking electronic transactions only	N/A
Interest	2.50% pa (paid monthly)	Tiered (paid monthly)	Tiered (paid monthly)	Current term deposit interest rates
0 < $5,000		0.00% pa	7.05% pa
$5000 < $10,000		0.00% pa	7.05% pa
$10,000 < $20,000		5.80% pa	7.05% pa
$20,000 < $50,000		5.80% pa	7.05% pa
$50,000 < $100,000		5.80% pa	7.05% pa
$100,000 < $250,000		6.80% pa	7.05% pa
$250,000 < $500,000		6.80% pa	7.05% pa
$500,000+		6.80% pa	7.05% pa
Bonus Interest¹	4.90%² pa	N/A	N/A	N/A
Minimum monthly deposit to earn bonus interest	$50³	N/A	N/A	N/A
Excess transaction fees	Yes	Yes	NIL	N/A
Internet Banking	$2.50	NIL	NIL	N/A
Telephone Banking Electronic withdrawal	$2.50	NIL	NIL	N/A
Direct Debit	$2.50	$0.25	N/A⁴	N/A
EFTPOS	$2.50	$0.25	N/A⁴	N/A
Westpac ATM withdrawal	$2.50	$0.50	N/A⁴	N/A
Cheques written	N/A	$0.50	N/A⁴	N/A
Staff-assisted withdrawal	$2.50	$2.50	N/A⁴	N/A
Additional Fees				N/A
Non-Westpac ATM within Australia (cash withdrawal or balance enquiry)	$2.00	$2.00	N/A	N/A
Overseas ATM cash withdrawal⁵	$5.00	$5.00	N/A	N/A
MasterCard^{^®}Assessment Fee	Refer footnote 6	Refer footnote 6	N/A	N/A
Westpac Foreign Currency Transaction Fee	1.5% of the $AUD transaction amount	1.5% of the $AUD transaction amount	N/A	N/A
Dishonour of cheques written or direct debits	$35⁷	$35	N/A	N/A
Periodical Payment Not Made fee	N/A	$35	N/A	N/A
Account overdrawn fee	$40⁷	$40	N/A	N/A
	Westpac Reward Saver	Westpac Cash Manager	Westpac eSaver	Westpac Term Deposit

Bonus interest is payable where bonus interest criteria are met

Bonus interest is payable on the full balance when, in a full calendar month, a credit balance is maintained, no withdrawals (except withdrawal of funds to place in a Westpac Term Deposit) and at least one deposit (minimum of $50.00) are made.

Accounts opened 'As Trustee For', Student or Youth need to only make a deposit. The minimum $50 deposit does not apply.

These channels are not available on Westpac eSaver. A $5 transaction fee will apply if these transactions are performed.

Nil for cash withdrawals from participating Global ATM Alliance partners in designated countries. For more information on

accessing your accounts overseas

including a list of the participating institutions in the Global ATM Alliance.

The amount of the MasterCard Assessment Fee will be 0.20% , 0.50% or 1.00% of the $AUD transaction amount depending upon the currency and location of the particular transaction. For further details regarding the calculation of these fees, please refer to the

Deposit Accounts For Personal Customer Product Disclosure Statement - Features, Fees and Charges

$10 for Westpac One Basic accounts, Basic Accounts and selected accounts* with a Student or Youth Package. (*Westpac OneMain, OneSave, Westpac Choice and Westpac Reward Saver).

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Information current as at 11 March 2008

Fees and charges apply.