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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Transaction Accounts from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all provider sand may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. See the rating methodology We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Transaction Account, you will deal directly with a financial institution, and not with RateCity.

Westpac was first established in 1817 as the Bank of New South Wales. After a rich history of mergers and acquisitions Westpac is now the third largest bank in Australia after nab and The Commonwealth Bank. Westpac’s businesses are divided into six key business areas: Consumer Financial Services, Business Financial Services, BT Financial Group Australia, Westpac Institutional Banking (WIB), New Zealand Banking and Pacific Banking. Its Consumer Financial Services unit is responsible for the sales, services and development of consumer products throughout Australia. This includes deposit accounts, transaction accounts, credit cards, mortgages personal loans and car loans. Westpac holds a large market share in home lending and is listed in the top 10 of publically listed companies on the Australian Securities Exchange Limited (ASX). In March 2008 the Westpac Group reported an after tax net profit of $2,202 million.

Product Details

Company
Westpac
Average Fees
Free Transaction Allocation
N/A
Base Rebate
N/A
ATM Withdrawal Fee
$0
Interest Rate
0.01%
Minimum Deposit
$0
EFTPOS Transaction Fee
N/A
Cheque Deposit Fee
N/A
Star Rating
Not yet rated Not yet rated Not yet rated
Updating your preferences

Product Features

Credit Debit Card n

A debit card allows you to purchase items on credit once you have spent the funds in your transaction account.

ATM Access n

Does this account allow transactions via an ATM

EFTPOS Facility n

Does this account allow transactions via an EFTPOS facility

BPAY n

Whether this account offers a facility to pay bills using Bpay

Internet Facility n

If this account allows transactions online

Phone Facility n

Whether this account offers access to telephone banking

Cheque Facility n

Whether a cheque book is offered with this account

Branch Access y

If this account allows you to process transactions at a branch

Salary Direct Credit Facility y

If this account allows you to directly deposit your salary

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