STUDENT OR YOUNG ADULT? WESTPAC CHOICE BANK ACCOUNT WITH DEBIT CARD
An everyday account packed with features so you can bank your way with ease. Now, when you open both a Choice everyday account and savings account together, you could earn $50 cashback. Read on to find out how.
Get outstanding value with an award-winning account
Westpac Choice transaction account with a Debit Mastercard® voted:
- Canstar's Outstanding Value for Transaction Accounts 2024-2026
- WeMoney Winner 2025 for Best Quality - Transaction Accounts
You could earn
$50
Cashback with a new account
If you open a new Westpac Choice everyday account and an eligible savings account between 9 June and 30 September 2026, here's how you could get $50:
- Spend at least $50 on your debit card within 15 days of opening on eligible purchases
- You must not have held any Westpac transaction account or savings account in the last 2 years
- Accounts must be in your name only (no joint accounts).
See all FAQs
This promotion runs from 9 June 2026 to 30 September 2026.
To be eligible you must:
- 18+ and have not held any transaction account or savings accounts with Westpac in the last 2 years from the date the last transaction or savings account closure.
- Open a new Westpac Choice account AND, either a Westpac Life OR Westpac eSaver. Accounts must be in the same name, activated and ready to use.
- Make eligible purchases totalling at least $50 using the debit card linked to your Westpac Choice account within 15 calendar days of the first account being opened. Transaction(s) must be processed (not pending) by the end of the 15th day.
- Transaction(s) must be customer-initiated and does not include interest payments, direct debits or internal transfers between your Westpac accounts.
- Keep the account open for a minimum of 60 days after you meet all other eligibility criteria.
- Hold the accounts in one name only. These accounts cannot be joint accounts.
If you meet the above:
- You're eligible for a one-time $50 payment.
- The $50 payment will be made to your Westpac Life or Westpac eSaver account within 60 days of you meeting all Terms and Conditions and eligibility criteria.
- If you open more than one Westpac Life or Westpac eSaver account, the $50 payment will only be made once into the first savings account opened and activated.
- This promotion may be varied or withdrawn at any time. It is not available in conjunction with any other offer unless otherwise stated.$0
Monthly and withdrawal fees
- Account-Keeping Fee (usually $5) is waived for full-time tertiary students and under 41s
- No cash withdrawal fees from Westpac and select partner ATMs
- Unlimited transactions and account enquiries.
GET YOUR MOBILE SORTED WITH OPTUS
Just
The choice for easy day-to-day banking and more
Instant Digital Card®
Before you get your Debit Mastercard® you may be able to use the digital version in the Westpac App.
Fast, secure payments
Make payments online and in-store with your Debit Card that has a CVC that updates every 24 hours.
Banking on the go
Skip the trip to the branch and manage your banking when it suits you by using the Westpac App.
Get exclusive offers
Make full use of our customer-only discounts and cashback offers, including special ShopBack deals.
Spend & Save with Westpac
You could earn up to 5.75% p.a. variable interest on your first $150,000 of savings with a Life Savings and Choice bank account. 18-40 year olds only. T&Cs and exclusions apply.
Smart Budgeting and savings tools
Secure your account with SafeBlock
Save time, apply online
Learn how to make the most of your money
Nobody ever really teaches you how to use money in everyday life. We’ve teamed up with Anyway a website dedicated to helping young people with the school-to-work transition. Get the rundown on earning, spending, and saving your money in the big wide world.
Account fees
| Standard fees (fees may change) | Amount |
|---|---|
| Account-Keeping Fee (usually $5) is waived for full-time tertiary students and under 41s | $0 |
| Standard fees (fees may change) | Amount |
|---|---|
| Online Banking withdrawal (including Mobile Banking) | $0 |
| Telephone Banking withdrawal (self service) | $0 |
| Telephone Banking withdrawal (staff assisted) | $0 |
| Branch staff assisted withdrawal | $0 |
| Direct Debit | $0 |
| Point of Sale (POS) transactions | $0 |
| ATM cash withdrawals in Australia (ATM providers may charge a fee – watch out for that!) | $0 |
| Overdrawn Fee (for more information: Overdraw Preference Feature) | $15 |
| Unarranged Lending Rate (ULR) is a debit interest rate charged to a transaction account if it becomes overdrawn without arrangement | 15.01% p.a. |
| Overseas Withdrawal Fee from a Global Alliance Partner ATM (for more information on Global Alliance Partners: Accessing your accounts overseas) | $0 |
| Overseas Withdrawal Fee from a non-Global Alliance Partner ATM | $5 |
| Transactions made in foreign currency, and the merchant or financial institution is located outside Australia | 3% of the AUD transaction amount |
| Transactions made in foreign currency, and the merchant or financial institution is located in Australia | 2.2% of the AUD transaction amount |
Other fees and charges may apply. Please refer to the Terms and Conditions (PDF 749KB)
This account doesn't earn interest. If you'd like to earn interest, you can open a savings account at the same time. Find out how
Help when you need it
Things you should know
Westpac Debit Mastercard® Terms and Conditions (PDF 396KB)
Online Banking Terms and Conditions (PDF 745KB)
Find out what information you need to provide to become a customer (PDF 657KB)
Before making a decision about any of our products or services, please read all the terms and conditions and consider whether the product or service is right for you. Fees and charges apply and may change.
*This claim is based on The Forrester Digital Experience Review™ of 4 Australian mobile banking apps in Q3 2025. Future findings are subject to change. Forrester does not endorse any company or brand, nor their products or services, nor advise anyone to select them based on this review. If you want to learn more, go to the Forrester website.
Protected by the Financial Claims Scheme (FCS): If you have a Westpac deposit account, in certain circumstances you may be entitled to a payment under the FCS. Payments under the FCS are limited for each customer. You can find out more information from the APRA website at www.fcs.gov.au.
Westpac’s Online Banking Security Guarantee: If your Westpac account is compromised as a result of Internet fraud, we guarantee to repay any missing funds, providing you comply with our Online Banking Terms and Conditions. This includes keeping your sign-in details (including passwords, Westpac Protect™ SMS codes and SecurID® Token codes) private. You must inform us immediately if you suspect the security of your access details has been compromised, or you suspect an unauthorised transaction or potential fraud on your accounts.
Westpac Fraud Money Back Guarantee: Our Westpac Fraud Money Back Guarantee ensures that you will be reimbursed for any unauthorised card transactions provided that you have not contributed to the loss and contacted Westpac promptly. Refer to your card's conditions of use for full details, including when you will be liable.
PayID® is a registered trademark of NPP Australia Limited and any use of its marks by Westpac is under license.