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Westpac 55+ & Retired

Westpac 55+ and Retired is a transaction account for eligible retirees aged 55 or over to deposit and withdraw funds by various channels including Debit Mastercard® and also offers interest on account balances.

The important numbers

Earn up to 2.30% p.a. in interest on account balances*

$0 Account-keeping fee

Individuals aged 55 years or over

What you get

  • Access to your money with a Debit Mastercard®¹ and a range of digital wallets (including Apple Pay & Google Pay)
  • 24/7 Fraud monitoring
  • Fraud Money Back Guarantee 4
Things you should know
1 Debit Mastercard®: holders need to be at least 8 years of age and have an Australian residential address to be eligible for the card. 
 
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.
 

*Interest rates subject to change.