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Westpac

Westpac savings account options include eSaver and Reward Saver, neither of which incur a monthly service fee. The eSaver account offers bonus interest for the first five months. Reward Saver has a base rate of 0.01 per cent, but pays bonus interest in any month that you deposit at least $50 and make no withdrawals. Westpac also offers term deposits, home loans, credit cards, car loans, personal loans, insurance, superannuation, financial planning and investment services. Westpac is Australia’s first and oldest bank, having begun life in 1817 as the Bank of New South Wales.

Westpac savings account repayment calculator

Thinking about taking out a savings account with Westpac? Use our savings account calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Westpac savings account compare with various products.

Investing your money into a savings account is an effective strategy. This calculator is designed to help you achieve your savings goal faster. See how fast your savings can grow with regular deposits.

Initial deposit

Monthly deposit

Period

months

Your monthly interest earned

$12

Interest rate

2.30%

Total interest earned

$244

Total amount

$17,244

Product
Maximum rate
Base rate
Maximum monthly interest
Total interest earned
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