Life
- Bonus interest with conditions
- App banking
- Online banking
- Linked account required
Maximum rate p.a.
5.00%*
Base rate p.a.
2.00%
Life
- Bonus interest with conditions
- App banking
- Online banking
- Linked account required
Maximum rate p.a.
5.00%*
Base rate p.a.
2.00%
Pros and Cons
For Life
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- No ongoing account fees
- No minimum balance
Drawbacks
- Only available with linked transaction account
Westpac Rate Savings Account overview
For Life
Account Details
Maximum rate p.a.
5.00%*
Minimum age restrictions
18
Base rate p.a.
2.00%
Maximum age restrictions
Maximum rate condition
*Ensure your account balance is higher at the e...
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
