For a one-stop account that satisfies your everyday banking needs, Westpac’s Choice bank account could certainly be worth a look. The account offers free access to over 3,000 Westpac ATMs Australia wide and has no domestic electronic, phone, cheque or over the counter fees (withdrawal and deposit). As a bonus, you can avoid paying the $5 monthly account fee if you deposit a minimum of $2,000 before the last business day of every month.
With the Westpac Choice bank account, you can say goodbye to the $5 monthly fee if you deposit at least $2,000 before the last business day of every month - like your salary. That fee will also be wiped if you’re under 21, studying full time or hold an Australian Pensioner Concession Card or Health Care Card or for the first 12 months if you're an expat customer.
With no minimum balance required and a $2,000 daily ATM withdrawal limit, the Choice Account gives you the convenience of free access to over 3,000 Westpac Group ATMs in Australia including Westpac, St. George, Bank of Melbourne and BankSA.
Plus, you can use the linked Debit Mastercard wherever Mastercard is accepted around the globe via the Global ATM Alliance network and Westpac Group Partners. Westpac’s Fraud Money Back Guarantee gives extra peace of mind by ensuring any unauthorised transactions are reimbursed (conditions apply). Just bear in mind, there is a $5 overseas ATM withdrawal fee and a 3% foreign exchange margin to consider.
Don’t sweat it if you ever forget your card, because the Choice bank account comes with a cardless ATM withdrawal feature that gives you access to your cash (up to $500 a day) without your debit card through a unique cash code which you can get by calling Westpac customer service or entering your Online Banking Customer ID and password into the Westpac Mobile Banking App. You can also pay for purchases under $100 via “tap and pay” with Mastercard PayPass.
Just like most transaction accounts in Australia, you won’t be earning any interest on this account, but homeowners may be glad to hear that the Choice bank account can be used as a 100% interest offset account, should you link it to a Westpac Rocket Repay Home Loan or Rocket Investment Loan.
The Westpac Choice bank account is designed for Aussies looking for a solid everyday bank account with a wide ATM network and modern features like Google Pay, PayID and Samsung Pay, especially for those who can meet the minimum deposit conditions to avoid paying the $5 monthly account fee.
You might want to have your salary (at least $2,000) directly deposited into the account to avoid the $5 monthly fee.
| Balances from $0: 0.00% p.a. | |
| n/a | |
| n/a |
| $5.00 | |
| $0 monthly account fee if you deposit min. $2,000 per month | |
| Unlimited free transactions from internet, phone, network ATMs, EFTPOS, BPAY, branch deposits and withdrawals, and cheque. | |
| $0.00 | |
| Westpac, St.George, BankSA, Bank of Melbourne | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $5.00 | |
| 3.00% | |
| $0.00 monthly |
| $0.00 | |
| $0.00 |
| $2,000.00 | |
| no | |
| yes | |
| no | |
| yes | |
| yes | |
| yes | |
| no | |
| none | |
| none |
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| |
| none | |
| none | |
| none |
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| |
| $5.00 | |
| $0.00 | |
| 3.00% |
Apple Pay, Google Pay, PayID, Samsung Pay
Just one word bad, my parents both Spanish with a little English had a horrible experience. They went in to check their accounts and then was told it was not there. When they showed proof of the account their branch they didn't want to help, nor give any assistants even from the manager. Westpac needs to get there customer service a rethink.
Read full reviewJust one word bad, my parents both Spanish with a little English had a horrible experience. They went in to check their accounts and then was told it was not there. When they showed proof of the account their branch they didn't want to help, nor give any assistants even from the manager. Westpac needs to get there customer service a rethink.
Absolutely horrible, bank statements are never correct in order, customer service is terrible I have heard the same excuses multiple times, seems like everyone there is incompetent.
Read full reviewAbsolutely horrible, bank statements are never correct in order, customer service is terrible I have heard the same excuses multiple times, seems like everyone there is incompetent.
I have been with Westpac, previously Bank of NSW for over 40 years, and they have been excellent helping through the good times and bad.
Read full reviewI have been with Westpac, previously Bank of NSW for over 40 years, and they have been excellent helping through the good times and bad.
Always lovely customer service. I’ve been with Westpac for 25yrs.
Read full reviewAlways lovely customer service. I’ve been with Westpac for 25yrs.
Waited one hour to see someone who then said they can't help me and to call telephone banking. Telephone banking keeps telling me to call some other hotline. It seems they are very good and waisting your time and sending you in circles.
Read full reviewWaited one hour to see someone who then said they can't help me and to call telephone banking. Telephone banking keeps telling me to call some other hotline. It seems they are very good and waisting your time and sending you in circles.
MyState Bank
Glide Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
Great Southern Bank
Everyday Snap Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0% p.a.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
NAB
Visa Debit or
EFTPOS
