• Get a $1,000 first home booster (per property)¹ to help set up your home when you draw down a Westpac home loan².
  • Get preferential treatment in circumstances where you have less than a 20% deposit³.
  • Make unlimited withdrawals and still earn bonus interest if you increase your balance by $20⁴ each month for Westpac Bonus Saver and Westpac Bonus Saver PIE.
  • Focus on saving for a goal with Notice Saver our highest earning savings investment account.
Couple unpacking kitchen boxes into new home

Get in touch.

Talk to us

Speak to one of our friendly staff who can help. Call us any time from 8am – 6pm weekdays, 9am - 2pm Saturday.

Call 0800 177 277

In branch

Make an appointment to talk to a home loan expert in branch. Bring your passport, driver licence and proof of address.

Find a branch

Things you should know.

1 To be eligible for a first home booster of $1,000: You must have been a member of the HomeSaver programme for at least 6 months, have a minimum balance of $10,000 in your HomeSaver specific Westpac Bonus Saver, Westpac Bonus Saver PIE , or Notice Saver account and draw down a Westpac home loan. There is a maximum of one first home booster per property. The first home booster will be paid into your Westpac transaction account after drawdown. To receive a first home booster, you must not have owned property in New Zealand previously.

Westpac's current home loan lending criteria and terms and conditions apply. An establishment charge may apply. A Low Equity Margin may apply. An additional fee or higher interest rate may apply to loans if the application is accepted but does not meet the standard lending criteria. Terms and conditions apply.

3 Requirements introduced by the Reserve Bank limit the amount of low equity home loan funding banks can provide. Conditional approvals for low equity HomeSaver members cannot be guaranteed, however Westpac will give priority to customers who participate in HomeSaver and demonstrate regular savings behaviour for 6 months or more, have a good credit history and have a minimum balance of $10,000. If you are saving for an investment property you will need a deposit or equity of at least 40%. Investment properties are not eligible for low equity home loan funding.

4 Monthly bonus returns are available for the Westpac Bonus Saver or Westpac Bonus Saver PIE as long as on the last business day of the month the balance is $20 greater than on the last business day of the month prior. The $20 excludes interest earned on the account and/or Westpac fees charged to the account.

The HomeSaver programme includes the Westpac Bonus Saver, Westpac Bonus Saver PIE, or Notice Saver account. Payments can be made directly out of your Westpac Bonus Saver or Westpac Bonus Saver PIE account. Notice Saver requires 32 days’ notice for withdrawal. No minimum balance is required for these accounts.

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 New Zealand Limited ("Westpac NZ") or any other member of the Westpac group of companies, and are subject to investment and other risks. None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac group of companies nor any other person guarantees the performance or returns of, or repayment of capital by a Fund. Any rates of return are subject to change. Westpac NZ’s General Terms and Conditions (including online banking terms) apply to investments in the Funds and Westpac NZ transaction accounts. You can get more information and free copies of the Disclosure Statement for Westpac NZ, the term sheet for each Fund and Westpac NZ’s General Terms and Conditions from any Westpac branch. A copy of the Trust Deed for each Fund can be accessed here.

Details of fees are available at You can get a copy of the current disclosure statement for Westpac New Zealand Limited from any Westpac branch in New Zealand, free of charge.

The HomeSaver programme cannot be used in conjunction with any other offers. Terms and conditions are subject to change at any time at Westpac's discretion. Westpac New Zealand Limited.

Terms, conditions, fees and charges apply to Westpac products and services. For more details, refer to Some products, services and offers may only be available to New Zealand residents.