Savings accounts

It’s true what they say about saving - every little bit does help. Getting started is the main thing. These smart savings accounts make it easy.

Online Saver

Save your money and your time. Quick and convenient, Online Saver gives you competitive tiered interest rates, free electronic transfers, and on-call access to your savings.

Online Bonus Saver

Need a little incentive to keep saving? We’re on it. Get all the benefits of Online Saver, plus the chance to earn bonus interest each month.

Simple Saver

It’s pretty much as the name says. No rules to remember - you simply earn a set rate of interest each month, on every dollar you save.

Save & Win

Who doesn’t love a prize draw? With an automatic monthly entry, when you deposit $10 or more. Every $1 of your average monthly balance gives you a chance to win.

Bonus Saver

Keen to stick with your savings goals? You’ll earn bonus interest when you add to your savings and don’t make any withdrawals. That should help.

Saving for kids

We reckon you’re never too young to start. Our Junior Account is a fun way for kids to learn about banking, or for families to save on their behalf.

Resident Withholding Tax faqs

If you’re earning interest, then Resident Withholding Tax (RWT) will apply. Here’s what you need to know, in plain English.

The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.