Explore our savings account options and find one to suit your goals.
Invest $5,000 or more for a fixed term, from 30 days to 5 years, and earn a fixed interest rate
A better term investment option for investors taxed at 30%, 33% or 39% designed to give you a greater after-tax return.
Saving for a home?
Westpac HomeSaver is designed to help you fast track your savings, so you can buy your first home faster. You could get a first home booster, preferential treatment for low deposit home loans and a great interest rate.Learn more about Westpac HomeSaver
Smart money tools.
Track your spending
CashNav® is our free money management app that automatically tracks how much money you spend and then categorises what you spend it on.
Set up alerts
You can set up alerts on any Westpac account, to help you to stay on top of what's happening with your money.
Split your salary
Automatically move your regular income into multiple accounts with Salary Splitter.
Things you should know.
1 Service fees still apply, for example: clearance fees. Refer to the Transaction and Service Fees brochure for details (also available free of charge from any Westpac branch).
2 You can earn bonus interest as long as on the last business day of the month your balance is $20 greater that the last business day of the month prior. The $20 excludes interest earned on the account and/or Westpac fees charged to the account.
3 The Effective Return is the rate you would need to receive from a regular savings account in order to achieve the same after tax return from your Notice Saver, based on a PIR of 28% and an income tax rate of either 30%, 33% or 39%.
"Rate" and "Rates" refer to (a) interest rates for the Simple Saver and Westpac Bonus Saver accounts; and (b) the rate of return for Westpac Bonus Saver PIE and Notice Saver. Interest rates are subject to change.
Westpac Bonus Saver PIE is offered under the Westpac Cash PIE Fund and Notice Saver is offered under the Westpac Notice Saver PIE Fund. Investments made in the Westpac Cash PIE Fund and/or the Westpac Notice Saver PIE Fund (each a "Fund” and together the "Funds") do not represent bank deposits or liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited (“Westpac NZ”) or any other member 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 Funds Management (NZ) Limited (as manager), any member of the Westpac group of companies, Trustees Executors Limited (as trustee), or any director or nominee of any of those entities guarantees the Funds’ performance, returns or repayment of capital. Any rates of return are subject to change without notice.
This material is provided for information purposes only and is not a recommendation or opinion in relation to any term investment products.