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Receive bonus interest with the Online Bonus Saver account if you make one deposit and no withdrawals each month. |
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Account fees
Account interest rates
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competitive base rate with bonus interest when you make at least one deposit and no withdrawals in a month |
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leave the interest in your account and earn interest on your interest |
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manage your funds with Online Banking, Phone Banking or ATMs, 24 hours, 7 days* |
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no minimum balance is required |
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no minimum deposit amount to earn bonus interest |
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no monthly account or transaction fees. |
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| * To operate the Online Bonus Saver account, you must hold a Westpac transaction account. Any transfers from your Online Bonus Saver can only be made directly to your transaction account. ATM access is for balance enquiry and funds transfers only—no cash withdrawals can be made. |
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| Managing your Online Bonus Saver account online is free and helps you keep track of your savings. |
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| To make deposits into your Online Bonus Saver account you can |
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transfer funds using Online Banking, Phone Banking, or at an ATM |
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set up an automatic payment, Payline split or SweepOver to regularly deposit funds from another account. |
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| Withdrawing money from your Online Bonus Saver account |
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you can make an electronic transfer to your Westpac transaction account |
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funds transferred from Online Bonus Saver into your Westpac transaction account are cleared funds and can be withdrawn immediately. |
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| Account statements |
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will be sent to you every six months |
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can be stopped if you prefer to get your account information online. |
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login to Online Banking to stop your paper statements |
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| Opening an Online Saver account |
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visit your nearest Westpac branch to open an Online Saver account |
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Online Bonus Saver account fees |
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Online Bonus Saver account interest rates |
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