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Westpac / Transaction & savings
Westpac eSaver
Westpac eSaver makes saving a breeze. You?ll get an introductory interest rate and online access to your money whenever you need it.
Updated 9 Oct 2026Individually tailored product
- Deposit rate type
- Variable
- Rate
- 1.25%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Applicability conditions
- Rate applicability type
- Other
- Additional info
- Standard variable rate (after 5 months or existing customers). Interest is calculated daily on your account balance up to the second last business day of the month. Interest is paid into the account on the last business day of the month. Balances, including deposits made on or after the last business day of the month, won't count towards that month's interest but will count for the next month's interest.
- Deposit rate type
- Introductory
- Rate
- 3.8%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Applicability conditions
- Rate applicability type
- New accounts
- Additional value
- 5 months
- Additional info
- Fixed introductory rate for the first 5 months. Interest is calculated daily on your account balance up to the second last business day of the month. Interest is paid into the account on the last business day of the month. Balances, including deposits made on or after the last business day of the month, won't count towards that month's interest but will count for the next month's interest.
- Deposit rate type
- Bonus
- Rate
- 0.45%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Applicability conditions
- Rate applicability type
- Online only
- Additional value
- 1 month
- Additional info
- Fixed online bonus rate for the first 5 months for opening online. Interest is calculated daily on your account balance up to the second last business day of the month. Interest is paid into the account on the last business day of the month. Balances, including deposits made on or after the last business day of the month, won't count towards that month's interest but will count for the next month's interest.
- Deposit rate type
- Bonus
- Rate
- 0.55%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Applicability conditions
- Rate applicability type
- New customer
- Additional value
- 5 months
- Additional info
- Opening a Westpac eSaver when you arrive in Australia lets you save with unlimited withdrawals and bonus interest for the first 5 months.
- Additional info uri
- View bank information ↗
- Lending rate type
- Penalty
- Rate
- 15.01%
- Calculation frequency
- 1 day
- Application type
- Periodic
- Application frequency
- 1 month
- Interest payment due
- In arrears
- Repayment type
- Other
- Loan purpose
- Other
- Applicability conditions
- Rate applicability type
- Other
- Additional info
- The Unarranged Lending Rate (ULR) is a debit interest rate charged to a transaction account if it becomes overdrawn without arrangement. It will be calculated daily on the debit balance (and deducted on the last business day of each month) using the then current ULR until the account balance is positive again.
- Additional value
- 1 month
- Name
- Account Keeping Fee
- Fee type
- Periodic
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Additional value
- 1 month
- Name
- Online Banking (including Mobile Banking)
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Additional info
- Online transfer withdrawals via Online Banking.
- Name
- Telephone Banking withdrawal (self service)
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Name
- Telephone Banking withdrawal (staff assisted)
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Name
- Branch staff assisted withdrawal
- Fee type
- Withdrawal
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Name
- Overdrawn Fee
- Fee type
- Event
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $15.00
- Additional info
- $15.00 per item, nil for Westpac Choice Concession account holders.
- Name
- Direct Debit
- Fee type
- Payment
- Fee method utype
- fixedAmount
- Fixed amount
- Amount
- $0.00
- Feature type
- Cashback offer
- Additional value
- 50.00
- Additional info
- You could earn $50 cashback if you open a new Westpac Choice everyday account and an eligible savings account by 31st March 2027, here's how you could get $50: Spend at least $50 on your debit card within 15 days of opening on eligible purchases. You must not have held any Westpac transaction account or savings account in the last 2 years. Accounts must be in your name only (no joint accounts). T&Cs apply.
- Additional info uri
- View bank information ↗
- Feature type
- Unlimited txns
- Additional info
- Unlimited access- Simply link your eSaver account to a Westpac everyday account
- Feature type
- Other
- Additional info
- The Westpac eSaver account comes with a Westpac Choice everyday account so you can easily transfer money in and out. We'll only open a Choice account if you don't already have one.
- Feature type
- Digital banking
- Additional info
- Online, Mobile and telephone banking is available
- Feature type
- Other
- Additional info
- Statements : 6 monthly, or more frequently on request.
- Feature type
- Other
- Additional info
- Introductory rate - Fixed rate for the first 5 months for new eSaver customers.
- Feature type
- Other
- Additional info
- $0 monthly fee - No eSaver Account-Keeping Fees (other fees may apply)
- Feature type
- Other
- Additional info
- Unlimited access - Simply link your eSaver account to a Westpac everyday account.
- Feature type
- Other
- Additional info
- Online account - With no minimum deposit or monthly balance requirements.
- Feature type
- Fraud protection
- Additional info
- The product includes FRAUD_PROTECTION features.
- Feature type
- Fraud protection
- Additional info
- Secure your account with SafeBlock - Find out how SafeBlock can help keep you safe when you need it most by locking your cards and account. Explore more security features: Digital Card with Dynamic CVC, Westpac ProtectTM Security Code, Westpac Safecall, Westpac Verify
- Additional info uri
- View bank information ↗
- Feature type
- Relationship management
- Additional info
- RELATIONSHIP_MANAGEMENT is available for eligible customers.
- Eligibility type
- Min age
- Additional value
- 14
- Eligibility type
- Other
- Additional info
- Be registered for Online and Telephone Banking.
- Eligibility type
- Other
- Additional info
- To open a Westpac eSaver account, you must hold a Westpac everyday account. Fees and charges apply on a Westpac everyday account.
- Eligibility type
- Residency status
- Additional value
- Those with an Australian residential address and who are currently in Australia.
No limits & conditions were provided.
No bundles were provided.
From the bank
No application link was provided. Contact the bank to ask about this product.