Westpac New Zealand Bonus Saver account

Bonus Saver account

With Bonus Saver, you have the chance to earn bonus interest every month as an incentive not to dip into your savings.

Westpac customers open a new account online

Account fees


		Account fees
		>	Bonus Saver
		>	Simple Saver
		>	Save & Win
		>	Online Saver
		>	Online Bonus Saver

Account interest rates


		Account interest rates
		>	Bonus Saver
		>	Simple Saver
		>	Save & Win
		>	Online Saver
		>	Online Bonus Saver

Contact us


		Contact us now
		>	email
		>	Westpac branches
		>	Investement adviser
		>	phone 0800 400 600 (7am to 11pm, 7 days a week)

Features of the Bonus Saver account

tiered base interest rates—each month you earn a base rate of interest depending on your account balance. The higher your balance, the more interest you can earn. You can also save on account fees for balances over $1000

we’ll pay bonus interest for each month that you add to your savings and don’t make any withdrawals
Note: any interest earned from your Bonus Saver Account does not count as a deposit.

Managing your savings with Bonus Saver

Automatic payments

You can set up automatic payments into your Bonus Saver from another account. This means you can always make at least one deposit each month to help you get your bonus interest.

To help you get started, we can arrange one automatic payment from another Westpac account free of charge.

Open a new Bonus Saver account in Online Banking

Westpac customers can open a new Bonus Saver account in Online Banking, just select ‘New account’ from the ‘I want a…’ menu.

As soon as the account has been opened, you will be able to use it in Online Banking and via ATMs and EFTPOS terminals (if you choose to access your new account using your existing bank and credit cards).

> login to Online Banking to open a new Bonus Saver account now

Bonus Saver interest rates and fees

Bonus Saver account fees

Bonus Saver account interest rates

Money you deposit or withdraw on the last business day of the month counts towards your bonus calculation the next month. Any interest paid by Westpac does not count as a deposit.

You can get a copy of the current disclosure statement for Westpac New Zealand Limited and a copy of the investment statement for any securities for which an investment statement is required from any Westpac branch in New Zealand free of charge. Interest rates quoted are subject to change. The above rates are not available to financial institutions. Full details of the terms and conditions are available from any Westpac branch in New Zealand.

The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.