What is Notice Saver?

This is a great account to get our highest savings return if you don't need to touch your deposits - for example if you're saving for a longer-term goal like a house deposit or a holiday. All you need to do is give us 32 days' notice if you need to take your money out. Notice Saver is a PIE investment, which has tax benefits for some investors. What's a PIE? Westpac offers a comprehensive suite of savings accounts to suit any goal - use our Savings & Investment Chooser Tool to find one that suits you.

Let's get started.

What’s the best day to contact you?
Are you a Westpac customer?
Will the Notice Saver account be in your name only?

Confirmation

  • I have used the Savings and Investment Chooser Tool, and I consider that a Notice Saver account is the most suitable account for me.
  • I understand that after the initial seven working day "cooling off" period, all withdrawals from Notice Saver are subject to a 32 day notice period.
    Note: You can cancel this Notice Saver account in the first seven working days after opening the account. After that, you will need to provide 32 days advance notice before withdrawing any of the funds invested. If you need the funds within 32 days, our Early Withdrawal Policy applies.
  • I have read and agree to the terms in the Westpac Notice Saver Term Sheet.
  • I understand that the rate of return for Notice Saver is variable and subject to change without notice.

Westpac NZ's General Terms and Conditions and Privacy Policy which you have previously accepted will apply to the account and any investments in the fund. 
 
Privacy Statement
I permit Westpac to collect, store, use and share my personal information in accordance with Westpac’s Privacy Policy (available at westpac.co.nz/privacy or at any of Westpac’s branches). This information will be used only for the purposes of this application. I have the right to access and correct this information subject to the provisions of the Privacy Act 2020. 

Find the nearest branch
Alternatively you can call us on 0800 400 600 to talk to us.

Privacy Statement
I permit Westpac to collect, store, use and share my personal information in accordance with Westpac’s Privacy Policy (available at westpac.co.nz/privacy or at any of Westpac’s branches). This information will be used only for the purposes of this application. I have the right to access and correct this information subject to the provisions of the Privacy Act 2020. 

Find the nearest branch
Alternatively you can call us on 0800 400 600 to talk to us.

Privacy Statement
I permit Westpac to collect, store, use and share my personal information in accordance with Westpac’s Privacy Policy (available at westpac.co.nz/privacy or at any of Westpac’s branches). This information will be used only for the purposes of this application. I have the right to access and correct this information subject to the provisions of the Privacy Act 2020. 

Things you should know.

You must have a New Zealand bank account to make withdrawals from your Notice Saver account.

Notice Saver is offered under the Westpac Notice Saver PIE Fund (the “Fund”). Investments made in the Fund do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited (“Westpac NZ”) or other members of the Westpac Group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances, and loss of investment value, including principal invested. None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac Group of companies, Trustees Executors Limited (as trustee), or any director or nominee of any of those entities guarantees the Fund’s performance, returns or repayment of capital. Any rates of return are subject to change without notice. You can get more information and free copies of the term sheet for the Fund from any Westpac branch or here.

PIE Investments are generally only suitable for NZ tax residents.

Your IRD number is an 8 or 9 digital identification number issued to you by Inland Revenue. Please ensure that the IRD number that we hold for you (or you enter) matched the IRD number Inland Revenue holds for you. If you don't have an IRD number you can apply for one on Inland Revenue's website.