Westpac Reward Saver

Click the green tabs to expand the sections. To close a section, just click the green tab again.

Westpac

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.

Customer ratingsclick to open

		Westpac Reward Saver
Overall Customer Rating		6.7#18 BASED ON 825 REVIEWS
Price Rating		5.9
Features Rating		5.3
Service Rating		6.8
Convenience Rating		7.4
Trust Rating		6.9
		What next?

Ratesclick to open

		Westpac Reward Saver
Rates		Balances from $0: 0.75%pa
Special Rates		Balances from $0: 5.70%pa
Special Rate Conditions		If you open a Westpac Reward Saver account between 9 February 2010 and 8 March 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.
		What next?

Feesclick to open

		Westpac Reward Saver
Account Fee		$0.00
Account Fee Waiver
Free Transactions Per Month
Network ATM fee		$2.50
ATM networks		St George, Westpac
Other bank ATM fee		$0.00
Over The Counter Deposit Fee		$0.00
Over The Counter Withdrawal Fee		$2.50
Eftpos Fee		$2.50
Phone Fee		$2.50
Internet Fee		$2.50
Cheque Fee
		What next?

Other financial bitsclick to open

		Westpac Reward Saver
Minimum Opening Deposit		$0.00
Minimum Balance		$0.00
Interest Paid		Monthly
		What next?

Featuresclick to open

		Westpac Reward Saver
Atm Access		yes
Daily Atm Withdrawal Limit		$1,000.00
Branch Access		yes
Debit Card		yes
Cheque Book		no
Phone Banking		yes
Internet Banking		yes
Bpay		yes
Australia Post Banking		no
Salary Direct Credit Facility		yes
Other Restrictions
Other Benefits
		What next?

Most recent reviews of Westpac savings accounts

Overall Rating
10
Pricing
7
Product Features
5
Customer Service
10
Convenience
10
Trust
10

The staff at the branch in Manly are wonderful. They spotted that we were on a low interest plan and swapped to higher one plus other great help in helping plan and save financially. They are brilliant people! – Michelle Morris from New South Wales, a Westpac savings account customer. Reviewed 9 days ago

Overall Rating
9
Pricing
7
Product Features
3
Customer Service
10
Convenience
10
Trust
10

I have used this product all my life and haven't had any issues with it. Its easy to use and safe. No tips necessary – kristiaan from Victoria, a Westpac savings account customer. Reviewed 9 days ago

Overall Rating
7
Pricing
8
Product Features
3
Customer Service
5
Convenience
0
Trust
10

Students will not be charged to open account and there is no monthly service charge. The life of my account also does not expire due to inactivity. – Isaac from New South Wales, a Westpac savings account customer. Reviewed 9 days ago

Overall Rating
8
Pricing
10
Product Features
5
Customer Service
7
Convenience
8
Trust
9

There are no fees for students and the interest that you receive from having money in your savings account is significantly higher than all the other banks. – Amy from New South Wales, a Westpac savings account customer. Reviewed 10 days ago

Overall Rating
8
Pricing
6
Product Features
2
Customer Service
8
Convenience
7
Trust
5

Pretty decent interest rate. – Nick from New South Wales, a Westpac savings account customer. Reviewed 10 days ago

See all Westpac savings account reviews

Find more savings accounts by visiting our compare savings accounts page.

Westpac also offers the following Savings accounts

Other providers of savings accounts

I'd like to...