You will be receiving the $50 cashback if:
- You are a new customer, or you have not held any transaction or savings account with the brand you are applying with in the past 2 years.
- You open both a transaction account AND a savings account. Both accounts must be in the same name.
- Open both accounts and deposit $50 or more into your Westpac Choice transaction account within 10 calendar days.
- You are all done! Within 60 days you will see a payment in your account which will appear as"50DU".
Two accounts must be opened within the 10 days. One in each of the categories below:
WBC
- Transaction accounts:
- Westpac Choice
- Westpac Youth Choice*
- Westpac Choice Offset
- Westpac Choice Basic / Concession / 55+ & Retired
- Savings accounts:
- Westpac Life
- Westpac Bump*
- Westpac eSaver
No. Joint accounts are not eligible for this promotion.
Even if both individuals meet other requirements, joint accounts are excluded under the T&Cs.
The $50 cashback will be paid within 60 days after all eligibility criteria have been met.
The cashback will be deposited into your new savings account and will appear as '50DU' in the transaction description.
Yes, this still qualifies as long as the total is $50 or more and all deposits are processed by day 10. For example, if you deposit $10 on Day 3, $30 on Day 7, and $10 on Day 8, this would be considered eligible as the total amount deposited within the 10-day period equals $50.
No. The deposit must be fully processed (not pending) by the end of the 10th calendar day.