eSaver
- Bonus interest with conditions
- Intro offer rate
- App banking
- Online banking
Maximum rate p.a.
5.00%
Base rate p.a.
1.10%
eSaver
- Bonus interest with conditions
- Intro offer rate
- App banking
- Online banking
Maximum rate p.a.
5.00%
Base rate p.a.
1.10%
Pros and Cons
For eSaver
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- Special intro rate
- No ongoing account fees
- No minimum balance
Drawbacks
- Intro rate limited to 5 months
- Only available with linked transaction account
Westpac Rate Savings Account overview
For eSaver
Account Details
Maximum rate p.a.
5.00%
intro 5 months then 1.45%*
Minimum age restrictions
Base rate p.a.
1.10%
Maximum age restrictions
Maximum rate condition
*Available for new accounts opened online by ne...
Minimum opening deposit
$0
Interest calculation method
Whole Balance
Target Market Determination
Visit Westpac Banking Corporation Ltd to view Target Market Determination.
Features
Joint application available
Is online only
Linked account required
Methods of Access
Internet facility
ATM access
Phone facility
Eftpos facility
Branch access
App
App only
Fees
Account keeping fees
$0
Eftpos fee
$0
ATM withdrawal fee
$0
Overseas eftpos fee
$0
Internet transaction fee
$0
Over the counter deposit fee
$0
Phone transaction fee
$0
Over the counter withdrawal fee
$0
Other Restrictions
Customers only qualify for the introductory interest rate if it is the first Westpac eSaver account held by the customer. If the eSaver is held jointly, to qualify for the introductory interest rate, the primary account holder must be new to the eSaver product. Fee of $5 for each transaction conducted at a POS terminal.
