Westpac eSaver
Essentials
- New customers can earn up to 5.20% p.a. variable interest paid monthly1
- Ideal if you’re looking for a high interest savings account offering electronic access and a high interest rate to make your money grow faster
- A convenient and secure high interest savings account linked to your Westpac day to day account
- 5-star independent Cannex rating representing “outstanding value”
- No minimum balance, transfers or fixed term
- No monthly service fee and unlimited Online Banking and automated Telephone Banking transactions
- eStatements available.
Did you know?
Westpac eSaver is great for rainy day savings – you can gain access instantly through Online Banking or Automated Telephone Banking.
Related documents
Things you should know
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Conditions and fees apply
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1.If you open a new Westpac eSaver account and you have not held an eSaver account in the last 3 months, you'll receive a fixed bonus rate of 1.45% p.a. on top of standard variable rate for the first 3 months from account opening. The standard variable rate may be changed at any time, but the fixed bonus rate will not change while it applies.
Subject to system availability -
2.All non-automated Telephone Banking or non-Online Banking transactions will incur a $5.00 transaction fee, these include branch staff assisted withdrawals, card access, cheque book access, periodical payments, direct debits and BPAY ® transactions.
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3.Subject to system availability.
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For all accounts, balances in your account on and after the last business day of the month, including deposits made to your account on or after the last business day of the month, will not be included in the interest calculation for that month, but in the interest calculation for the following month.
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To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
Features
To operate your high interest eSaver account, you just need to have a Westpac transaction or savings account in the same name. This lets you move your money between accounts as often as you like.
- CANNEX is an independent benchmarking agency that compares savings accounts based on rates and features. Their highest rating – 5 star – represents “outstanding value”, which means your 5-star Westpac eSaver is in their words, “a guaranteed high-performance product”.
- eSaver also offers paperless eStatements, which not only helps the environment but provides ready access to 7 years of account activity. You’re simply sent an email each month, and you sign in to Online Banking to view your statement.
- Start a regular savings plan by setting up a periodical payment and reach that savings goal sooner
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With online or telephone access you can monitor transactions, marvel at that savings balance or transfer funds, 24 hours a day, 7 days a week3
Related documents
Things you should know
-
Conditions and fees apply
-
1.If you open a new Westpac eSaver account and you have not held an eSaver account in the last 3 months, you'll receive a fixed bonus rate of 1.45% p.a. on top of standard variable rate for the first 3 months from account opening. The standard variable rate may be changed at any time, but the fixed bonus rate will not change while it applies.
Subject to system availability -
2.All non-automated Telephone Banking or non-Online Banking transactions will incur a $5.00 transaction fee, these include branch staff assisted withdrawals, card access, cheque book access, periodical payments, direct debits and BPAY ® transactions.
-
3.Subject to system availability.
-
For all accounts, balances in your account on and after the last business day of the month, including deposits made to your account on or after the last business day of the month, will not be included in the interest calculation for that month, but in the interest calculation for the following month.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
Fees
| Fees | Amount |
|---|---|
| Online Banking | NIL 2 |
| Telephone Banking withdrawal (automated) | NIL 2 |
| Dishonour of cheques written or direct debit | $9 |
| Periodical payment not made fee | $9 |
| Account overdrawn fee | $9 |
| ATM transactions* | $5 |
| EFTPOS* | $5 |
| Cheque withdrawals* | $5 |
| Direct Debits* | $5 |
| Branch Staff-assisted withdrawals* | $5 |
* Please note, we do not encourage these transaction channels to be used by a Westpac eSaver account, as a Westpac eSaver is a high interest savings account designed to help you achieve your savings goals. To use these channels, please use your linked chosen Westpac day to day account.
Related documents
Things you should know
-
Conditions and fees apply
-
1.If you open a new Westpac eSaver account and you have not held an eSaver account in the last 3 months, you'll receive a fixed bonus rate of 1.45% p.a. on top of standard variable rate for the first 3 months from account opening. The standard variable rate may be changed at any time, but the fixed bonus rate will not change while it applies.
Subject to system availability -
2.All non-automated Telephone Banking or non-Online Banking transactions will incur a $5.00 transaction fee, these include branch staff assisted withdrawals, card access, cheque book access, periodical payments, direct debits and BPAY ® transactions.
-
3.Subject to system availability.
-
For all accounts, balances in your account on and after the last business day of the month, including deposits made to your account on or after the last business day of the month, will not be included in the interest calculation for that month, but in the interest calculation for the following month.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
Rates
| Amount | Rate p.a. |
|---|---|
| Introductory offer | 1.45% Fixed above the standard rate for the first 3 months1 |
| All balances | 3.75 % Variable |
| Total rate | 5.20% variable (including introductory offer) |
View Westpac eSaver essentials.
Related documents
Things you should know
-
Conditions and fees apply
-
1.If you open a new Westpac eSaver account and you have not held an eSaver account in the last 3 months, you'll receive a fixed bonus rate of 1.45% p.a. on top of standard variable rate for the first 3 months from account opening. The standard variable rate may be changed at any time, but the fixed bonus rate will not change while it applies.
Subject to system availability -
2.All non-automated Telephone Banking or non-Online Banking transactions will incur a $5.00 transaction fee, these include branch staff assisted withdrawals, card access, cheque book access, periodical payments, direct debits and BPAY ® transactions.
-
3.Subject to system availability.
-
For all accounts, balances in your account on and after the last business day of the month, including deposits made to your account on or after the last business day of the month, will not be included in the interest calculation for that month, but in the interest calculation for the following month.
-
To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - BPAY® is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
