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

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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

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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

Savings

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