Personal Accounts Terms & Conditions
Products currently for sale
Find the current T&Cs and recent changes.
Select below to find the current T&Cs and recent changes.
Westpac Choice, Westpac 55+ and retired, Westpac Bump Savings, Westpac Life and Westpac eSaver
Term Deposit & Farm Management Deposit
Summary of changes, effective 28 February 2025
| Section Reference | Change Description |
|---|---|
Part B: Terms and Conditions Section– 30. Banking Code of Practice |
Removing reference to asking for a hard copy of the Banking Code of Practice within a branch or over the phone. |
Summary of changes, effective 1 May 2025
| Section Reference | Change Description |
|---|---|
Part A: General Information under heading “Who can apply for the Product?” |
Added paragraph to clarify that the customer must hold their own eligible Westpac bank account to transfer and load funds into their Worldwide Wallet. |
| Part B Terms and Conditions, section 5. Loading and transferring funds. | Removed contents from table regarding ability to transfer funds onto a customer’s Worldwide Wallet from a third party and from accounts held with another financial institution. Added paragraph to clarify that from 1 May 2025, a customer can only load funds onto the Worldwide Wallet from their own eligible Westpac bank account and third parties can no longer directly transfer funds to a customer’s Worldwide Wallet. Added section title names to section 13 and section 15 references in the last paragraph. |
| Part B Terms and Conditions, section 17 Closing the Product under heading. “When we may close the Product” | Amended to clarify that suspending or closing the Product or cancelling any Card can be performed to manage material and immediate risks including but not limited to any risk to the integrity of the bank’s systems. |