Savings accounts

Saving for something special or putting a little extra aside for the future? Compare our range of accounts and rates.

Check out our Online Bonus Saver account limited time interest rate offer here.

Online Bonus Saver

Bank some bonus interest simply by making one deposit and no withdrawals each month.
Notice Saver PIE

Have a longer-term savings goal? Earn a term deposit sized return, add money any time, and you could pay less tax.
Save & Win

You could boost your savings with a share of $100,000 cash, in the monthly prize draw.
Online Saver

Manage your savings online and earn a competitive rate of interest, no matter how many transfers you make.
Online Saver PIE

Control your savings online and on-call. Enjoy a higher interest rate, unlimited transfers and potential tax savings.
Online Bonus Saver PIE

Bonus returns are guaranteed each month that you make a deposit and don’t make any withdrawals.
Simple Saver

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

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

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

“Rate” and “Rates” refer to (a) interest rates for the Simple Saver, Save & Win and Online Saver accounts; and (b) the rate of return for the Online Saver PIE account.

# Service fees still apply, for example: clearance fees and use of other banks’ ATMs. Refer to the Transaction and Service Fees brochure for details (also available free of charge from any Westpac branch).

Interest rates and fees are current as at 27 June 2017 and are subject to change without notice.

The Online Saver PIE and the Online Bonus Saver PIE are each offered under the Westpac Cash 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. No 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.