Types of Accounts in Westpac Banking Corporation
Everyday Bank Accounts With Debit Cards
For quick payments, both online and in-person, our most popular bank account includes a debit card.
Use your debit Mastercard safely to make purchases.
Purchase in-person or online, add to your smartphone or wearable wallet and withdraw cash from ATMs all over the world.
If you’re under 30, there is no monthly fee.
We help out by waiving your monthly account-keeping costs if you are under 30 or a full-time student at an accredited university.
Discover your spending and cash flow.
Track cash flow trends to maintain control over your monthly budget and categorise expenses to better understand your spending.
Gain more Cashback.
Acquire the stuff. Get Cashback when you make purchases through ShopBack’s Westpac Lounge.
Savings Account
For regular savers
By earning extra interest every month you save, Westpac Life may be able to help you accomplish your savings objectives more quickly.
- Even if you withdraw money, you earn bonus interest each month as your savings increase.
- Put your money aside for various savings objectives.
- Free online or monthly transfers.
For short-term savings
With an introductory rate for the first five months, Westpac eSaver can help short-term savers increase their savings.
- Your savings will earn extra interest for the first five months.
- Bonus rate is applicable whether or not your savings have increased.
- Free online and monthly transfers.
Term Deposit Account
4.10% p.a. up to 4.10% online offer
How your interest is calculated:
Fixed rate of 4.00% annually Terms of Term Deposit range from 12 to 23 months.
Offer valid for a brief period starting on January 27, 2023, exclusively on Term Deposits initiated by current Westpac personal or business clients, or renewed by them. Available on deposits ranging from $5,000 to $5,000,000 with monthly or yearly interest payments.