When you bank and save with Westpac
Open a new Choice Youth everyday account and an eligible savings account together between 1 February 2026 and 30 September 2026, and here’s how you can get $50:[#]
Manage your money with a debit card
If you’re at least 8 years old, you can link a Debit Mastercard to your Westpac Choice Youth account. It’ll help give a kick-start to your money skills with kid-friendly features designed to keep your money safe and secure.
For kids 14 and older, the debit card is automatically linked when the account is opened. For kids aged 8-13, a parent or guardian needs to order their card separately. Find out more
| Standard fees (fees may change) | Amount |
| Account-Keeping Fee (usually $5) is waived for 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 Nil for Westpac Choice Concession and Westpac Choice where an account holder is under 18 years of age. This fee is not applicable to Bump Savings or Westpac Life. |
| 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 | 2.20% of the AUD transaction amount |
This account doesn't earn interest. If you'd like to earn interest, you can open a Bump savings account at the same time.
Other fees and charges may apply. Please refer to the Terms and Conditions
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Parental control and access by age
14 - 17: As the account holder you can choose to give your parent or guardian access to your account with the Parental Control function. If you’d like a parent or guardian to have access to your account, you’ll need to set that up. Please visit one of our branches and we can help you with:
Under 14: A mandatory Parental Control function gives your parent or guardian control of your account. This means they can act on your behalf in branch and in Online Banking.
How does parental control work?
To have Parental Control, a parent, grandparent, or guardian must be an account signatory. As the account holder, the child must also be registered for:
to access their account online or over the phone.
Self-service Telephone Banking is not available and Parental Control is mandatory for children:
Parental Control is optional for older children. Access levels can be changed in-branch by the child at any time.
Parental Control doesn't apply to a child’s access to funds in-branch. However, a signatory must authorise branch withdrawals where a child is under 14, and a debit card isn't available.
If you're 8 years or over, you can order a Debit Mastercard to link to your Westpac Choice account.
Once you receive your debit card, follow the activation steps to activate it in Online Banking or the Westpac App.
Are you under 14? As the cardholder, sign into the Westpac App or Online Banking using your customer ID and password. A parent or guardian can then help you follow the card activation steps.
A signatory is someone, such as a parent, grandparent, or guardian, who can operate your account in branch. If you’re under 14, you’ll need to have a signatory on your account. They can help you look after your banking.
A third party is someone who has been given value access to your account in Online Banking. This person can see your account in their own Online Banking. Depending on their permission level, they can either:
View the account only – just look at your account activity
OR
View and transact with the account – pay for things or transfer money.
A third party may or may not be the same person as a signatory.
Access can be set up when an account is opened, or it can be added in branch.
When you turn 14:
You don’t need to have a parent or guardian as a signatory on your account anymore.
You can remove them using the Westpac App by searching Manage account access. You can also visit a branch or call us.
Once you remove your parent or guardian from your account, you’ll need to visit a branch to give them access again.
You’ll be able to transfer money, make BPAY® or international payments in Online Banking or the Westpac App.
You may like to talk with your parents or guardian before you do any of these things.
When you turn 18, your Bump account automatically becomes a Westpac Life account. If you have a signatory on your account (such as your parents or guardians) they’ll be removed and your new Life account will be all your own. You don’t need to do a thing. The switch between accounts will happen automatically.
A Life account is like a grown-up version of your Bump account. It has all the same good things such as no account fees, personalised savings goals and a mobile app – plus an extra Spend&Savefeature to help boost your savings.
Notifications are designed to help keep your money safe by letting trusted people know if your account is being used. So, it’s best to chat with those people first, before making any changes.
If you’d like to stop third parties receiving notifications:
If you’re 12 or older: you can do this in Online Banking on a PC or laptop
If you’re under 12: you can do so by visiting any Westpac branch.
Double your $50 when you bank and save with Westpac
Open a new Choice Youth everyday account and an eligible savings account together between 1 February 2026 and 30 September 2026, and here's how you can get $50:[#]
To earn bonus interest[#] over the month:
Double your $50 when you bank and save with Westpac
Open a new Choice Youth everyday account and an eligible savings account together between 1 February 2026 and 30 September 2026, and here's how you can get $50:[#]
To earn bonus interest[#] over the month:
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