Westpac Online Banking

Tax time is over. What's next? Well, with the second half of the year in full swing, thoughts of Christmas (and its associated costs) come to the fore.

But setting a bit aside, regularly and automatically with a periodical payment, can reap real dividends because now for every Online periodical payment made, the process is free¹.

Periodical payments - can help you minimise fees¹

Take your everyday bank account, for example, add a high interest online savings account (or other eligible accounts²) and connect the two via Westpac Online Banking with a scheduled periodical payment.

You just choose an amount, a frequency and watch your savings grow¹.

Periodical payments	Previous fee	Current fee¹
Between eligible Westpac branded accounts²	$2.00	$0
To non-Westpac branded accounts in Australia	$2.50	$0

Note: A fee will apply if an Online periodical payment is not made because of lack of funds in your account.

Which accounts does this work for?

All Westpac savings and everyday transactions accounts. And our Reward Saver account is perfect for sending your periodical payments to because it offers high interest, immediate access and no monthly service fee. See excluded accounts below².

It's easy to set a bit aside:

1. Sign in to Westpac Online Banking
2. Click "Banking"
3. Click "Periodic"
4. Collect your cash plus interest come Christmas.

Learn more about...

• Scheduling payments via our demo video
• Savings accounts

¹ If your account has a monthly transaction allowance, excess transaction fees apply where your allowance has been exceeded, including for periodical payments transactions. See the terms and conditions that apply to your account for more.
² Cannot be created from personal or housing loans, credit card accounts, or paid to a Westpac housing loan.