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Essentials

  • For retirees who are aged 55 or over. There's a limit of one Westpac 55+ and Retired account per customer
  • Unlimited access across Online Banking, Telephone Banking, Westpac, St.George, BankSA and Bank of Melbourne ATMs and branches (daily transaction limits apply)
  • Earn split interest on your account balance

Did you know?

Adding a Debit Mastercard® to your 55+ and Retired Account will allow you to access your own money to make purchases overseas, online and over the phone - at 30 million locations worldwide1.

Apple Pay

Apple Pay offers a fast and secure way to pay in-store and online, using your favourite Apple device

$0 Account-Keeping Fee
$0 Account-Keeping Fee. Other fees may apply2
Card on hold

Can’t find your card? Don’t panic, you can temporarily lock it in seconds with Card on hold while you search3

Fraud Money Back Guarantee

Shop securely with your debit card. We’ve got your back with 24/7 fraud monitoring and our Fraud Money Back Guarantee4


Features

Multiple ways to access your bank account and to your money

  • Online Banking
  • Mobile Banking
  • Telephone Banking
  • Debit Mastercard or Handycard
  • Bank@Post
  • Branch
  • ATMs
  • Withdraw cash using your phone from any Westpac, St.George, Bank of Melbourne or BankSA ATM5

Access your money

No ATM withdrawal fee at any major bank ATM in Australia and over 50,000 ATMs around the world via the Global ATM Alliance and partner ATMs (other fees may apply)2
 

When your Westpac 55+ and Retired account is open

  • Register for Westpac Online Banking and/or Telephone Banking for more ways to access your money
  • Choose eStatements for convenient online access to 7 years of account activity.

Fees

Standard fees (fees may change) Amount
Account-Keeping Fee $0


Other fees and charges may apply. Please refer to the Terms and Conditions (PDF 1007KB)

Things you should know

Before making a decision about any of our products or services, please read all the terms and conditions and consider whether the product or service is right for you. Fees and charges apply and may change.

It is important to know that the functionality to withdraw money from a linked Westpac account via Credit Card is not available when using overseas ATMs, including Global Alliance ATMs. To ensure access to Savings and or Cheque account funds when overseas please speak to us about obtaining a Debit Mastercard®.

1. Debit Mastercard®: holders 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. A 3%  Foreign Transaction Fee applies to overseas debit or credit card withdrawals. A 2% cash advance fee applies to credit card withdrawals where the "Credit" option is selected. A list of Global Alliance members is available. It is important to know that the functionality to withdraw money from a linked Westpac account via Credit Card is not available when using overseas ATMs, including Global Alliance ATMs. To ensure access to Savings and or Cheque account funds when overseas please speak to us about obtaining a Debit Mastercard ®.
3. Card on hold: Available on personal credit and Mastercard® debit cards only. Cards to which a temporary lock can be applied will be listed when you sign in to Mobile Banking or Online Banking and visit Lock a card temporarily under Cards services. 
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. 
5.  Cardless cash: is available on eligible Westpac transaction accounts with a linked debit card. Get Cash limit of 3 withdrawals per day applies, subject to $500 daily withdrawal limit and $1,000 weekly withdrawal limit. Only available at Westpac Group ATMs in Australia. To access cardless cash on your mobile you must be registered to use Westpac Online Banking and download the Westpac Mobile Banking App. To use Westpac Mobile Banking on Apple Watch you’ll need to pair your Apple Watch with an iPhone 5 or above with iOS 8.2 or above. You’ll also need the Westpac Mobile Banking app (version 6.1 or above) installed on your iPhone.

Read the  Apple Pay Terms and Conditions (PDF 79KB) before making a decision and consider if it is right for you. To use Apple Pay you will need an eligible card and a compatible device with a supported operating system. See our  Apple Pay FAQs for more information. Apple, the Apple logo, Apple Pay, Apple Watch and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

World Mastercard ®, Mastercard ® and the Mastercard brand mark are registered trademarks of, and PayPass TM is a trademark of, Mastercard International Incorporated.