If you’re from overseas and studying in New Zealand, you can get a transaction account with no monthly account or transaction fees plus a fee-free credit card for the first year and much more. You can even keep the money in your currency.
Some of the things you will be charged for are:
| International Easy Access Account - Fees | ||
| The term 'free' refers to Westpac fees only. Service fees still apply. Please note a cheque book is not available on the Easy Access account. | ||
| Fee type | Fee amount | |
|---|---|---|
| Monthly Account Maintenance Fee Easy Access account |
Free | |
| Electronic transactions EFTPOS, ATM transfers/withdrawals, automatic payments once set up (service fee applies to set up or amend), direction debit, direct credit, bill payments, online and phone banking payments. |
Free | |
| Manual transactions (Cheques written, Westpac ATM deposits, deposits and withdrawals at a branch) |
Free | |
| Phone Banking | First 10 calls month | Free |
| Calls after that | 50c each | |
| Foreign Exchange | Discounted¹ | |
¹20% on Westpac's foreign exchange income margin. To receive the discount for Inward Telegraphic Transfers, they must be sent directly to Westpac Banking Corporation Wellington, New Zealand and have International Student Easy Access Account written in the Bank to Bank field to receive the discount.