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- Choice
Choice
- 2024 Award Winner
- Special
- App banking
- Online banking
- Overseas ATM facilities
- MasterCard debit card
Special
$0 monthly fees for 12 month
~ Ends in 5 monthsOpen a new Westpac Choice account online between 01/02/24 and 30/09/24 to have the monthly Account-Keeping Fee waived for the first 12 months. Save $5 a month for 12 months
Monthly fee
$5*
Maximum interest rate
Choice
- 2024 Award Winner
- Special
- App banking
- Online banking
- Overseas ATM facilities
- MasterCard debit card
Monthly fee
$5*
Maximum interest rate
RateCity says
"Easy access to your money via debit Mastercard or smartphone apps. Deposit $2000+ per month and pay no account keeping fees."
Pros and Cons
For Choice
Benefits
- App banking available
- Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay, Digital Card available
- Send money using PayID
- Winner of Best Bank Account, RateCity Gold Awards 2024
Drawbacks
- Must deposit at least $2000 into your account each month
- $5 Overseas ATM Withdrawal Fee
- 3% fees apply for overseas transactions
Westpac Rate Bank Account overview
For Choice
Account details
Minimum opening amount
$0
Min. age restrictions
N/A
Minimum balance
Max. age restrictions
N/A
Interest calculation frequency
N/A
Interest payment frequency
N/A
Features
Linked account
Send money using PayID
Joint application available
Free international account transfer
Foreign currency
Target Market Determination
Visit Westpac Banking Corporation Ltd to view Target Market Determination.
Methods of access
Internet banking
ATM access
Phone banking
EFTPOS facility
Branch access
Cheque services
App
App only
Fee details
Monthly fee
$5*
Min. deposit for fee free
$2k
ATM & EFTPOS fees
ATM withdrawal fee
$0
Other bank ATM withdrawal fee
ATM operator fee will not be charged at Global ATM Alliance and Westpac Group partner ATM's.
Daily ATM withdrawal limit
$1,000
EFTPOS fee
$0
Overseas fees
Overseas ATM withdrawal fee
$5
Overseas eftpos fee
Foreign transaction fee
3%
Other transaction fees
Phone transaction fee
$0
Internet transaction fee
$0
Counter withdrawal fee
$0
Free counter transactions
Counter deposit fee
$0
Cheque fee
$0
Cheque dishonour fee
$0
