Westpac eSaver (New customer)
Westpac eSaver makes saving a breeze. You'll get an introductory interest rate and online access to your money whenever you need it.
On this page
Details
| Field | Value |
|---|---|
| Base | 1.25% |
| Ongoing | 1.25% |
| Ongoing cap | No cap |
| Intro | 5.60% |
| Intro cap | No cap |
| Intro period | 5 mths |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | - |
| Min age | 14 |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Standard variable | 1.25% | Whole balance | All balances |
| Introductory total, first 5 months | 5.60% | Whole balance | All balances |
Source: noren.com.au
Rate requirements
For Westpac eSaver (New customer).
No ongoing monthly deposit, purchase or balance-growth conditions in the reviewed pricing.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 1.25% | 1.25% | 5.60% |
Source: noren.com.au
Eligibility
- Age 14 or over.
- Be registered for Online and Telephone Banking.
- To open a Westpac eSaver account, you must hold a Westpac everyday account. Fees and charges apply on a Westpac everyday account.
- Those with an Australian residential address and who are currently in Australia.
- New arrival in Australia within the last 12 months, first eSaver opened by a sole applicant. Linked eligible everyday account required. The new-arrival bonus lasts five months and replaces the online-opening bonus.
Introductory offer
- New arrival in Australia within the last 12 months, first eSaver opened by a sole applicant. Linked eligible everyday account required. The new-arrival bonus lasts five months and replaces the online-opening bonus.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 28 Oct 2026.