* To operate the Online Saver Account, you must hold a Westpac transaction account. Any transfers from your Online Saver Account can only be made directly to your transaction account. ATM access is for balance enquiry, funds transfers and deposits only - no cash withdrawals can be made.
# 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).
Fees mentioned relate to Online Saver only. Standard fees will apply to the account which money is being transferred to or from.
Interest rates and fees are current as at 6 June 2020 and are subject to change without notice.
The above rates are not available to financial institutions. Full details of the Westpac General Terms and Conditions are available here, or free of charge from any Westpac branch in New Zealand. Interest is calculated on your daily balance, and is paid (less withholding tax) into your account on the last business day of each month.