Westpac Starter Pac
Help set them up for life. Give your child a head start with the Westpac Starter Pac.
The Westpac Starter Pac is available to customers under the age of 18 and comprises of:
- if it’s their first KiwiSaver scheme, they’ll get a $1,000 kickstart from the Government
- we'll waive the current monthly Westpac KiwiSaver Scheme administration fee in 2014, and if they make a deposit each calendar year to their Westpac Savings account, we'll continue to waive the fee until they turn 18
Want to know more about the Westpac KiwiSaver Scheme?
Download the Westpac KiwiSaver Scheme Investment Statement and Application Form now
BT Funds Management (NZ) Limited is the scheme provider and Westpac New Zealand Limited is the distributor of the Westpac KiwiSaver Scheme.
To help set them up for life, visit us in branch today
Make sure you bring proof of identification for your child, for both parents and/or all legal guardians and documentation that proves your relationship. For example:
- your child's New Zealand birth certificate
- suitable identification for both parents or all legal guardians
- If you are the parents, the child’s birth certificate (with both of your names on it) will prove your relationship. However, if you are the child’s legal guardians, you will need to bring documented proof of this.
- you'll also need to provide your child's IRD number
Does your child have an IRD number?
Download an IRD form now
Westpac Starter Pac is available to customers under the age of 18 and comprises both a Westpac Savings account and membership of the Westpac KiwiSaver Scheme. Offer available from 1 March 2014 until 31 August 2014 (unless extended) for customers who, within that period: open or hold a Westpac Savings account and join or belong to the Westpac KiwiSaver Scheme (including transferring in from another KiwiSaver scheme). For Westpac Starter Pac customers, the current Westpac KiwiSaver Scheme monthly administration fee (currently $2.59 per month) will be waived for 2014 and each subsequent calendar year until they turn 18 providing a deposit has been made into a Westpac Savings account in the customer’s name during the previous calendar year. Other fees applicable to the Westpac KiwiSaver Scheme, as described in the current Westpac KiwiSaver Scheme investment statement, will still apply. Where the customer turns 18 during a calendar year that the Westpac KiwiSaver Scheme monthly administration fee is being waived, the fee will be reapplied from the end of that calendar year. A copy of both the current Westpac KiwiSaver Scheme Investment Statement and Westpac New Zealand Limited disclosure statement are available free of charge from any Westpac branch in New Zealand. The Westpac KiwiSaver Scheme is offered and managed by BT Funds Management (NZ) Limited (BT). Investments made in the Westpac KiwiSaver Scheme do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances, and loss of investment value, including principal invested. None of BT (as manager), any member of the Westpac group of companies, The New Zealand Guardian Trust Company Limited (as trustee), or any director or nominee of any of those entities, or any other person guarantees the Westpac KiwiSaver Scheme’s performance, returns or repayment of capital.