RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Home Loan Variable: 5.38% (6.14%*) • Home Loan Fixed: 5.44% (6.26%*) • Fixed: 5.44% (6.26%*) • Variable: 5.38% (6.14%*) • Investment IO: 5.84% (7.27%*) • Investment PI: 5.84% (6.19%*)

  Westpac Life

Westpac Life could help you reach your savings goals sooner by earning bonus interest every month you save.
Category: Transaction & Savings Accounts  Last Updated November 14, 2024  Effective December 18, 2024

 General Lending Rates

Rates listed below are for a product. Additional Information
Interest Rate
NA PA
Comparison Rate
NAPA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

 Product Features

  • Unlimited Txns Additional Information: Unlimited and instant access to your money online through your Westpac everyday account
  • Other Additional Information: Both an account holder and an authorised user can use the Savings Goals feature, including to view, add, edit and delete the savings goals on a Westpac Life account.
  • Digital Banking Additional Information: Online , Mobile and telephone banking is available
  • Other Additional Information: Statements : 6 monthly, or more frequently on request.
  • Fraud Protection Additional Information: The product includes FRAUD_PROTECTION features.
  • Relationship Management Additional Information: RELATIONSHIP_MANAGEMENT is available for eligible customers.
  • Other Additional Information: Account can be opened via Online, mobile, in branch and telephone.
  • Other Additional Information: No minimum opening balance for this account
  • Other Additional Information: Set and share savings goals. Having clear savings goals you share with others may motivate you to strive to save even more.

 Product Eligibility

  • Min Age - 18.
  • Residency Status - Those With An Australian Residential Address And Who Are Currently In Australia..

 Bank Fees and Charges

  • Account Keeping Fee (Periodic), Amount: 0.00.
  • Online Banking (including Mobile Banking) (Withdrawal), Amount: 0.00. Additional Information: Online transfer withdrawals via Online Banking.
  • Telephone Banking Withdrawal (self Service) (Withdrawal), Amount: 0.00.
  • Telephone Banking Withdrawal (staff Assisted) (Withdrawal), Amount: 0.00.
  • Branch Staff Assisted Withdrawal (Withdrawal), Amount: 0.00.

 Document Downloads

Download our 40-page First Home Buyer Guide. It'll provide you with a framework that'll support your first home purchase.


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