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Westpac savings accounts

Westpac's overall rating for savings accounts is

6.8

(as rated by the Mozo community)

Westpac offers the following savings accounts

Product Interest Rate Special Rate Conditions
Reward Saver
1.25% 6.20% If you open a Westpac Reward Saver account between 7 June 2010 and 11 July 2010 (Promotion Period) you will earn the standard variable interest rate (currently 0.50% p.a.) plus a promotional rate of 1.55% p.a. interest fixed for 4 months. To gain the additional 3.40% you must make a minimum monthly deposit of $50 and make no withdrawals.
eSaver
4.25% 6.00% The special interest rate is a fixed 1.75% on top of the standard variable rate, for 4 months from the date your account is opened. This offer is available for new Westpac eSaver accounts opened between 7 June 2010 and 11 July 2010.
Cash Manager
0.00%

As Australia’s first bank, Westpac has been serving customers since 1817! Now Westpac is set to merge with St George to create Australia’s largest financial services company. Westpac customers will benefit from things like being able

to use both banks’ ATM networks without paying any extra fees. So if you’re after the security offered by a major bank, check out Westpac’s range of savings accounts, home loans, personal loans, credit cards and other banking services.

Reviews of Westpac savings accounts

A Mozo reviewer from Western Australia, a Westpac savings account customer. 8Overall Rating
  I like my savings account with Westpac because its easy to view online and theres very little fees. The only thing I would change is lower fees just like anybody would! Reviewed about 3 hours ago  
  • 8Pricing
  • 6Product Features
  • 4Customer Service
  • 7Convenience
  • 6Trust
A Mozo reviewer from New South Wales, a Westpac savings account customer. 8Overall Rating
  I like this product because you sign up for one account but you can get up to 5 accounts that are linked together. Always great service, no one cold calling to sell you anything. Reviewed about 3 hours ago  
  • 8Pricing
  • 7Product Features
  • 9Customer Service
  • 5Convenience
  • 8Trust
A Mozo reviewer from Victoria, a Westpac savings account customer. 7Overall Rating
  I don't think the interest rate is high enough. I also don't like that the staff try to upsell you on every little thing when you ask one specific question about a product. Reviewed about 3 hours ago  
  • 6Pricing
  • 3Product Features
  • 8Customer Service
  • 10Convenience
  • 8Trust
A Mozo reviewer from New South Wales, a Westpac savings account customer. 6Overall Rating
  I've never had a problem with the service, never been overcharged. Their online banking is quite reliable. Not that competitive in terms of other extras, and no interest on their standard account. Reviewed about 3 hours ago  
  • 8Pricing
  • 3Product Features
  • 9Customer Service
  • 8Convenience
  • 7Trust
Joe from New South Wales, a Westpac savings account customer. 7Overall Rating
  Great staff. Reviewed 1 day ago  
  • 5Pricing
  • 8Product Features
  • 7Customer Service
  • 5Convenience
  • 8Trust

How are other Westpac products rated by the Mozo community?

Product Type Overall Price Features Service Convenience Trust
Westpac credit cards 6.5 1267 REVIEWS 5.4 5.6 6.4 7.3 6.5
Westpac savings accounts 6.8 1306 REVIEWS 5.9 5.2 6.9 7.5 6.9
Westpac bank accounts 6.7 1101 REVIEWS 5.8 5.4 6.8 7.5 6.8
Westpac home loans 6.3 908 REVIEWS 5.8 6.2 6.5 7.3 6.1
Westpac term deposits 7.5 118 REVIEWS 7.2 6.1 7.4 7.8 7.7
Westpac personal loans 6.5 215 REVIEWS 5.8 5.5 6.7 7.6 6.5

Other providers of savings accounts

With so many different savings accounts on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right savings account choice. You can find and compare Westpac savings accounts with Mozo or check out these other providers.

 

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