Open a new Westpac Choice everyday account together with a Westpac Life or Westpac eSaver account, then make at least $50 of eligible debit card purchases within 15 days of opening. For people aged 18 or over who have not held a Westpac transaction or savings account in the last 2 years; accounts must be in one name only and kept open for 60 days.
Open a new Choice Youth everyday account together with a Westpac Bump or eSaver account, then deposit at least $50 into the Choice account within 10 days of opening. For under 18s who have not held a Westpac transaction or savings account in the last 2 years; accounts must be in one name only and kept open for 60 days.
Applies for the first 5 months to sole applicants who open online and have never held an eSaver account; accounts opened in branch or with staff assistance get 4.80% p.a. After 5 months the standard variable rate of 1.25% p.a. applies.
Fixed rate for 12-month term deposits of $5,000 to $2,000,000 opened or renewed online by a Westpac customer; the rate is 5.20% p.a. when opened or renewed in branch. The rate applies to the first term only.
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