Summary

The important stuff


Westpac eSaver Westpac eSaver lets you save with ease with introductory bonus interest, unlimited withdrawals and 24/7 access.
0.25% p.a. introductory bonus interest for the first 5 months for new eSaver customers (0.05% p.a base rate + 0.20% p.a. intro rate for 5 months)^º $0 Account-keeping fee 12+ Minimum age to open account
No minimum deposit or monthly balance required New Westpac eSaver customers earn an introductory fixed bonus rate on top of the standard variable rate for the first 5 months. ^º Unlimited access via a linked Westpac Choice account (if you don't have one, we'll open one for you) ²


Westpac Choice An everyday account to make deposits and withdrawals with access via a debit card
$5 Account-keeping fee, unless you're under 30, a fulltime tertiary student, new to Australia (for the first 12 months) or deposit at least $2,000 each month 12+ Minimum age to open account
Access to your money with a Debit Mastercard®¹ and a range of digital wallets (including Apple Pay & Google Pay) Access to exclusive offers and discounts 24/7 Fraud monitoring Fraud Money Back Guarantee ⁴

Things you should know

1 Debit Mastercard: You need to be at least 14 years of age, and have an Australian residential address to be eligible for the card. If you're not eligible for a Debit Mastercard, apply for a Handycard to access your account.

2 We’ll only set you up with a Westpac Choice account if you don’t have one already.

4 Westpac Fraud Money Back Guarantee: Customers will be reimbursed for any unauthorised transactions provided that the customer has not contributed to the loss and contacted Westpac promptly.

º If you have not had a Westpac eSaver account before, an introductory fixed bonus rate of 0.25% p.a. applies for the first 5 months, on top of the standard variable rate. After 5 months, the standard variable interest rate, currently 0.05% p.a. will apply. Existing or previous eSaver account holders are not eligible for this offer. Joint accounts are eligible where the primary account holder has not held an eSaver account before.