How to enter the draw.

1

Open a savings account

If you don't already have a savings account, see account options below, or try our Saving & Investment Chooser tool.
Choose a savings account
2

Make an automatic payment in Westpac One® digital banking

Set up an automatic payment to go into a Westpac savings account. To be entered into the draw, the first automatic payment must be made into your account by 30 June 2025.

 Here's how you can set up an automatic payment:

    1. Log in to Westpac One online banking or the Westpac One app
    2. Select Pay & Transfer
    3. If using the Westpac One app, then select Transfer
    4. Select From, then choose which account to make your automatic payment from
    5. Select To, then choose your Savings account
    6. Add Details and Amount of your automatic payment
    7. Select Date, then choose the date of your first payment. Then select Repeat Payment to choose how often you'd like to make your automatic payment
    8. Select Done
    9. Select Continue 
    10. Check the details are correct and select Confirm in the Westpac One app or Confirm transfer in Westpac One online banking.

No savings account? Choose one that suits you.

Westpac Bonus Saver

Be rewarded with bonus interest by increasing your balance by $20 each month².

2.25
%
p.a.
Potential interest rate
  • Earn bonus interest.

  • Interest paid monthly or compounded.

  • Immediate access to your money.

Simple Saver

Our no-fuss savings account gives you the same interest rate, whatever your balance.

0.55
%
p.a.
Interest rate on all balances
  • Earn the same set interest rate on every dollar you save.

  • No monthly account maintenance fee to pay¹.

  • No minimum balance required.

Notice Saver

Focus on saving towards a particular goal, with 32 days' notice required before you can make a withdrawal. As a reward, earn our highest savings return³.

3
%
p.a.
Rate of return
  • No monthly account or transaction fees¹.

  • Returns paid monthly or compounded.

  • Add to your savings whenever you like.

FAQs.

Savings & Investment Chooser tool.

Find the right account for you. Our Savings & Investment Chooser tool is free and provides you recommendations on which of our savings and term investment options best suit you.

Things you should know.