Earn high interest with our eSaver account, an online savings account with immediate access to your savings through Telephone Banking and Online Banking.
If you haven’t held an eSaver account in the last 3 months, you'll receive a fixed bonus rate of 1.42% p.a. on top of the standard variable rate for the first 3 months from the time the account was opened. The standard variable rate may be changed at any time, but the fixed bonus rate will not change while it applies.
Fees apply for non-automated Telephone Banking and a range of other transactions.
How does the eSaver account work?
Why Westpac eSaver?
When your eSaver account is open
eSaver account statements
Registered for Online Banking? You’ll automatically receive eStatements every 6 months.
Note: if you are registered for Online Banking, but don’t login when applying for this account, you’ll be sent paper statements. You can switch to eStatements at any time by logging in to Online Banking and choosing Manage your accounts.
Things to know about eStatements
Learn more about eStatements.
Not registered for Online Banking? You’ll be sent paper statements every 6 months.
Once your account is set up, you can call 132 032 or visit a branch to:
|Standard fees (fees may change)||Amount|
|Monthly service fee||$0|
|Online Banking (including Mobile Banking)||$0|
|Telephone Banking withdrawal (automated)||$0|
|Telephone Banking withdrawal (non-automated)||$5|
|Non-Online Banking transactions||$5|
|Branch staff assisted withdrawal||$5|
|Dishonour of direct debit or cheques written||$9|
|Account overdrawn fee||$9|
|Periodical payment not made||$9|
These transactions include branch staff assisted withdrawals, card access, cheque book access, periodical payments, direct debits and BPAY® transactions.
Instead of transacting on your eSaver account using ATM, eftpos, cheque withdrawals, direct debits or branch staff-assisted withdrawals, we recommend you transfer funds from your eSaver account to your linked Westpac transaction or other savings account.
|Introductory special rate for the first 3 months|
|Total introductory variable rate||3.92% p.a.|
|3 month introductory fixed rate||1.42% p.a.|
|Standard variable rate||2.50% p.a.|
When does the introductory special rate apply?
An introductory fixed bonus rate of 1.42% p.a. applies for the first 3 months, on top of the standard variable rate when:
After 3 months, the standard variable interest rate, currently 2.50% p.a. will apply to your eSaver account.
When is interest paid to my eSaver account?
Interest is paid on the last business day of each calendar month.
Balances in your account on or after the last business day won't be included in the interest calculation for that month but will be included in the interest calculation for the following month. Balances include deposits made to your account.