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Reward Saver - 12 to 21

*Deposit any amount and make no withdrawals each month

Customise your savings account summary by entering your details:

Pros:
  • Has branch access
  • Has ATM access
  • Has EFTPOS facility
  • Has no ongoing fees
Cons:
  • Must satisfy conditions

Details & Fees

Maximum rate
Maximum rate
1.75%*
Base rate
Base rate
0.01%
Account keeping fees
Account keeping fees$0
Internet transaction fee
Internet transaction fee$0
Phone transaction fee
Phone transaction fee$0
Eftpos fee
Eftpos fee$0
Overseas eftpos fee
Overseas eftpos fee$0
Over the counter deposit fee
Over the counter deposit fee$0
Over the counter withdrawal fee
Over the counter withdrawal fee$0
Atm withdrawal fee
Atm withdrawal fee$0
Ultimate withdrawal
Ultimate withdrawal
Joint application available
Joint application available
Is online only
Is online only
Has atm access
Has atm access
Has eftpos facility
Has eftpos facility
Has phone facility
Has phone facility
Has branch access
Has branch access
Minimum age restrictions
Minimum age restrictions
12
Maximum age restrictions
Maximum age restrictions
Minimum opening deposit
Minimum opening deposit$0
Linked account required
Linked account required
Maximum rate
Maximum rate
1.75%*
Base rate
Base rate
0.01%
Account keeping fees
Account keeping fees$0
Internet transaction fee
Internet transaction fee$0
Phone transaction fee
Phone transaction fee$0
Eftpos fee
Eftpos fee$0
Overseas eftpos fee
Overseas eftpos fee$0
Over the counter deposit fee
Over the counter deposit fee$0
Over the counter withdrawal fee
Over the counter withdrawal fee$0
Atm withdrawal fee
Atm withdrawal fee$0
Ultimate withdrawal
Ultimate withdrawal
Joint application available
Joint application available
Is online only
Is online only
Has atm access
Has atm access
Has eftpos facility
Has eftpos facility
Has phone facility
Has phone facility
Has branch access
Has branch access
Minimum age restrictions
Minimum age restrictions
12
Maximum age restrictions
Maximum age restrictions
Minimum opening deposit
Minimum opening deposit$0
Linked account required
Linked account required
Other Benefits
Other Restrictions

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.

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