What you’re opening
Westpac Bump Savings
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Westpac Bump
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Summary
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Overview
Westpac Bump Savings
  • Designed to help under 18's kick-start their savings
  • Earn up to 5.05% p.a. variable interest (1.75% p.a. standard variable base rate plus + 3.30% p.a. variable bonus rate each month you grow your balance)[#]
  • $0 Account-keeping fee and transaction fees
  • A Westpac Choice Youth transaction account can be opened at the same time for deposits, withdrawals, and a Debit Mastercard®[#] for those aged 8+.
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Offer
Double your $50 with us!
Open both a Westpac Choice Youth everyday account and an eligible savings account together. Deposit at least $50 into your Choice Youth account within 10 days, and we’ll add $50 to your savings. Ends 30/09/2026.[#]
Confirm details
Age of account holder
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Under 14
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u14
14-17
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Parents or guardians need to complete the application for children under 14
Are you (the parent or guardian) already an existing Westpac customer?
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Yes
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No
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en
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  • ey
Is your child already a Westpac customer?
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Yes
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No
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14-17 year olds can complete the application themselves (they don't need a parent or guardian to complete)
Are you (the 14-17 year old) an existing Westpac customer?
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Yes
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ey
No
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en
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Next steps

  • To open the account online for your child, you’ll need a Westpac Online Banking profile
  • Create a profile now by opening a Westpac Choice account for yourself
  • If you don’t want to open your own account, create a profile by going to a branch.

Explore Westpac Choice

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What to have handy
You’ll need to be registered for Westpac Protect SMS Code. We’ll send you an SMS Code before you open your child's account
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What to have handy
Your Westpac Online Banking sign in details.
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What to have handy
Your mobile
A secure code will be sent to your mobile to verify your phone number.
At least 1 of these ID documents
  • Passport
  • Australian driver license
  • Australian birth certificate
  • Medicare card (can only be used in conjunction with a second form of ID)

If your details are entered incorrectly or we’re unable to identify you, your application will need to be completed in branch.

If you’re Aboriginal or Torres Strait Islander and don't have the required documents, call our Indigenous Call Centre on 1800 230 144 Monday to Friday 9am – 6:30pm ACST or visit your nearest branch.

Foreign tax residency details
If you’re a customer under 18 years you are required to provide tax residency information, irrespective of whether you are required to file a tax return, or if any tax is actually payable on your account(s).

By continuing you agree

To begin, you acknowledge:

  • You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
  • You have read our Financial Services Guide which provides important information on the financial services and products we offer as a financial services licensee.

By opening the account, you agree:

By continuing you agree

To begin, you acknowledge:

  • You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
  • You have read our Financial Services Guide which provides important information on the financial services and products we offer as a financial services licensee.

By opening the account, you agree:

Ready to get started?
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No, I want to look at something else
/content/westpac/au/bank-accounts
Yes, continue
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false
Ready to get started?
false
No, I want to look at something else
/content/westpac/au/bank-accounts
Yes, continue
[BVAR#wdp-domain]/origin/etb0/bank-accounts/savings-accounts?productType=BUMP
false
Ready to get started?
false
No, I want to look at something else
/content/westpac/au/bank-accounts
Yes, continue
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false