Westpac Life

General Lending Rates

Product Features

• Cashback Offer Additional Information: Double your $50 when you bank and save with Westpac. Open a new Choice everyday account and an eligible savings account together and here?s how you can get $50: Deposit $50 or more into your new Choice everyday account within 10 days. We?ll add $50 to your savings account once you meet the criteria. T&Cs apply.

• Other Additional Information: Team up your everyday banking with a Life savings account

• Unlimited Txns Additional Information: Unlimited and instant access to your money online through your Westpac everyday account

• Other Additional Information: Set Savings Goals - Track how much you should save to reach your goal.

• Digital Banking Additional Information: Online , Mobile and telephone banking is available

• Other Additional Information: Statements : 6 monthly, or more frequently on request.

• Other Additional Information: Bucket your savings - In up to 6 different Savings Goals with just one account.

• Other Additional Information: Bonus interest - You could boost savings each month you grow your balance.

• Other Additional Information: Separate savings - Check savings and spending in one view with the Westpac App.

• Fraud Protection Additional Information: The product includes FRAUD_PROTECTION features.

• Relationship Management Additional Information: RELATIONSHIP_MANAGEMENT is available for eligible customers.

• Other Additional Information: No minimum opening balance for this account

• Fraud Protection Additional Information: SECURE YOUR ACCOUNT WITH SAFEBLOCK - Learn more about how we're protecting you against scams and fraud, with features like: SafeBlock, Digital Card with dynamic CVC, Westpac ProtectTM Security Code, Card Lock, Smart Verify, Westpac SafeCall and more.

• Other Additional Information: Invite others to join your goal - Share your goal with another Westpac customer. Or invite anyone to contribute by sending money to your account.

• Other Additional Information: Put savings on autopilot: Set up recurring transfers from your transaction account on paydays to automatically split your savings across your goals.

• Other Additional Information: Set up to 6 Savings Goals: Change the savings amount, date, and category across all your goals. Adjust them at any time in the Westpac App.

• Other Additional Information: Account can be opened via Online, mobile, in branch and telephone.

Product Eligibility

• Min Age - 18.

• Residency Status - Those With An Australian Residential Address And Who Are Currently In Australia..

Bank Fees and Charges

• Account Keeping Fee (Periodic), Amount: 0.00.

• Online Banking (including Mobile Banking) (Withdrawal), Amount: 0.00. Additional Information: Online transfer withdrawals via Online Banking.

• Telephone Banking Withdrawal (self Service) (Withdrawal), Amount: 0.00.

• Telephone Banking Withdrawal (staff Assisted) (Withdrawal), Amount: 0.00.

• Branch Staff Assisted Withdrawal (Withdrawal), Amount: 0.00.

Document Downloads

  personalaccounts-tandc.pdf (684.2 KB)