Ways to save.

Avoid unarranged overdraft fees

Direct credit your pay

If you’re paid in cash or cheque, ask your employer to direct deposit your pay into your account. This can help ensure it is deposited on time ready to pay bills, and saves you the time of going to the bank to deposit your money.

Plan your regular payments

You could set up your automatic payments for the day after payday, this way you’re more likely to have the money available.
When using automatic payments, think about choosing the option to have these paid on the day before a non-business day (weekend or public holiday) when you set them up. This reduces the risk of not having enough money available after the weekend.

Set up Salary Splitter

You can automatically split your salary into different accounts, and keep your savings separate from your spending money. You could set it up so you have one account for all your bills. This will help make sure you have enough to pay direct debits, automatic payments and bill payments each pay period.

Set up sweep-over

Automatically move money between accounts. It's great for keeping your balance at a certain level without having to worry about it, ensuring you always have enough in your transactional account for automatic payments, direct debits, and planned bill payments.

Use bill payments instead of paying by Direct Debit

You can use our online bill payments tool to ensure you have enough money in your account before paying bills. This way you’re in control of when you pay the bill – just make sure you know when bills are due (put a note in your diary) so you don’t forget.

Use mobile & text banking

View balances and transfer money on Westpac One® online banking mobile app, or between two nominated accounts by text on your registered mobile, while you’re out and about. You can also set up alerts to notify you when your balance goes above or below amounts you set. See here for more information.

Apply for an overdraft

If you find yourself occasionally going into overdraft by mistake, you could apply for an arranged overdraft. Note there is a establishment fee of $50. If you don’t have an arranged overdraft and your account goes into minus, you will be charged a fee. Note that lending criteria apply.

Avoid ATM fees

We've removed the $1 fee to use another major New Zealand bank’s ATM in New Zealand. Find the location of Westpac New Zealand ATMs.

Avoid credit card fees

It's best to pay off the closing balance of your credit card bill each month if possible. Only making the minimum payment means you will have more interest to pay. Avoid late payment fees by setting up reminders to pay your bill. You can also set up a direct debit to pay the closing balance in full, or the minimum repayment, each month.

Get email and text alerts – they’re free

You can set up text or email alerts to let you know:

  • when planned Bill Payments or Automatic Payments fail – you have a day to transfer the amount needed, so your payment doesn’t fail
  • when you've missed a loan payment
  • 3 days before a credit card payment is due to avoid late payment fees.

You can choose the type of alerts you'd like to receive. To register for text and email alerts you just need to be signed up for online banking. To set up online banking give us a call – 0800 400 600, or pop into a branch.

Use Westpac One® online banking

  • It’s free to access and is quick and easy to check balances
  • setting up or amending your automatic payments online is free.
  • avoid the cost of posting cheques and use our free online service to pay your bills instead
  • the Westpac One App allows you to use it on your mobile phone when you're out and about
  • stop paper statements – with an Everyday account you won’t pay a monthly account maintenance fee if you cancel your paper statements and view them online instead.

Use Cashnav®

To help you manage your money and see where you're spending it, download our free app. You will need to be signed up for online banking to use Cashnav.

Save money on bank accounts:

  • Make sure you have the transaction account that’s right for you.
  • splitting your pay between your accounts using Salary Splitter could reduce the cost of transferring money between your accounts.
  • avoid using a savings account as an everyday transaction account to reduce transaction and service fees.
  • close unused or forgotten accounts.
  • stop paper statements.
  • use self-service ATMs when in branch.

Fee waivers for superannuitants

Monthly account maintenance and transaction fees1 are waived if you have an eligible Westpac transaction account direct credited with your:

  • New Zealand National Superannuation.
  • UK Retirement Pension.
  • New Zealand War Pension

For more information click here.

Fee waivers on Youth Accounts

You could save on fees, such as electronic transaction or account maintenance fees on these Youth Accounts1:

  • Westpac Everyday.
  • Online Bonus Saver2.
  • Simple Saver.

Each child can have up to two Youth Accounts and the fee waiver is valid until they reach 19 years of age, at which point they may begin to be charged fees. 

Fee waivers for school leavers and graduates

Free electronic and manual transactions and no account maintenance charges1 for our Tertiary and Graduate Accounts.

Range of free electronic and manual transactions for 12 months after you graduate with our Graduate Accounts3

Things you should know.

No-one likes unexpected fees, so make sure you’re aware of all our transaction and service fees:
Everyday Service and Transaction Fees
Business Service and Transaction Fees


1 Service fees still apply, for example: clearance fees and use of other banks' ATMs. Refer to the Transaction and Service Fees brochure for details.
2 To operate the Online Bonus Saver, you must hold a Westpac Transaction Account. Transfers from your Online Bonus Saver can only be made directly to your transaction account.
3 Pac eligibility criteria, terms and conditions apply – see here for details.