Savings accounts

Looking for a way to save that suits your style? If you've got an everyday account with us already, you can open many of our savings accounts or a Term Deposit online in Westpac One.

  • Online bonus saver
    Online Bonus Saver

    The account that encourages you to save, giving you a bonus interest rate when you make at least one deposit but no withdrawals each month.

    More about Online Bonus Saver
  • Term deposits
    Term Deposit

    A simple, fee-free way to invest $5,000 or more. You earn a fixed interest rate for a period of time you choose, from 30 days to five years.

    More about Term Deposits

Save with a PIE account

np notice saver

Notice Saver PIE

Make a deposit anytime, and withdraw your savings with 32 days notice. And thanks to PIE, you could make savings on your tax too.

More about Notice Saver PIE


Online Bonus Saver PIE

It's the potential for bonus interest that comes from Online Bonus Saver, with the added benefit for PIE - which could mean that you pay less tax, and save more.

More about Online Bonus Saver PIE

Other savings account options


Simple Saver

Saving made simple: one free withdrawal per month and the same basic interest rate on any balance*.

More about Simple Saver

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Youth account

Designed for kids teens up to 19 years, this account is free*, and helps them learn to manage their money as they grow.

More about our Youth account

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Home Saver

Fast track your savings towards your first home, with our special savings and home loan package. 

More about Home Saver