Savings account fees

All transaction and service fees are regularly reviewed and subject to change.

More info on our savings accounts



Some other service fees may apply from time to time.

Select from the list below for the latest transaction and service fees for your account.

> Save & Win
> Simple Saver
> Bonus Saver
> Online Saver
> Online Bonus Saver
> Cash Management Account (This account is no longer available for new personal account holders)

Save & Win fees



Note: Any transactions made at another bank's ATM will incur an additional $1 charge each time. The term 'free' refers to Westpac fees only.

Account maintenance fee

All balances		Free

Fee description		Fee

All deposits		Free

Electronic withdrawals (EFTPOS,Westpac ATM transfers/withdrawals, automatic payments, direct debits/credits, bill payments, online and phone banking payments)		$1 each

Manual withdrawals (Cheques and withdrawals at a branch)		$3 each

Transaction and service fees on this page are current as at 7 September 2010, and are subject to change. Some other service fees, including overdrawn or line of credit charges, may apply from time to time.

> Back to top

Simple Saver fees


Note: Any transactions made at another bank's ATM will incur an additional $1 charge. The term 'free' refers to Westpac fees only.

Account maintenance fee

All balances		Free

Fee description		Fee

All deposits		Free

Withdrawals		First manual or electronic withdrawal each month is free, then

Electronic withdrawals (EFTPOS,Westpac ATM transfers/withdrawals, automatic payments, direct debits/credits, bill payments, online and Phone Banking payments)		$1 each

Manual withdrawals (Cheques and withdrawals at a branch)		$3 each

Transaction and service fees on this page are current as at 7 September 2010, and are subject to change. Some other service fees, including overdrawn or line of credit charges, may apply from time to time.

> Back to top

Bonus Saver fees


Note: Any transactions made at another bank's ATM will incur an additional $1 charge. The term 'free' refers to Westpac fees only.

Account maintenance fee

Average monthly balance of $1,000 or more		Free

Average monthly balance below $1,000		$2.50 per month

Fee description		Fee

All deposits		Free

Withdrawals—manual or electronic (Cheques, withdrawals at a branch, EFTPOS, Westpac ATM transfers/withdrawals, automatic payments, direct debits/credits, bill payments, online and Phone Banking payments)		1 free per month, then $3 each

Term investment transfers		All free

* Any interest paid by Westpac does not count as a deposit. Transaction and service fees on this page are current as at 7 September 2010 and are subject to change. Some other service fees, including overdrawn or line of credit charges, may apply from time to time.

> Back to top


Online Saver fees


Note: Any transactions made at another bank's ATM will incur an additional $1 charge each time. The term 'free' refers to Westpac fees only.

Account maintenance fee

All balances		Free

Fee description		Fee

All electronic deposits		Free

Internet - transfers		Free

ATM - balance enquiry/transfer of funds		Free

Phone Banking transfers Standard access fees will apply.		Free

These fees relate to Online Saver only. If fees apply to the account which money is being transferred to or from, standard fees will apply. Note: to operate the Online Saver account, you must hold a Westpac transaction account. Any transfers from your Online Saver account can only be made directly to your transaction account. ATM access is for balance enquiry and funds transfers only – no cash withdrawals can be made. Transaction and service fees on this page are current as at 7 September 2010, and are subject to change. Some other service fees, including overdrawn or line of credit charges, may apply from time to time.

>Back to top


Online Bonus Saver fees


Note: Any transactions made at another bank's ATM will incur an additional $1 charge each time. The term 'free' refers to Westpac fees only.

Account maintenance fee

All balances		Free

Fee description


All electronic deposits		Free

Internet transfers		Free

ATM - balance enquiry/transfer of funds		Free

Phone Banking transfers Standard access fees will apply.		Free

These fees relate to Online Bonus Saver only. If fees apply to the account which money is being transferred to or from, standard fees will apply. Note: to operate the Online Bonus Saver account, you must hold a Westpac transaction account. Any transfers from your Online Bonus Saver account can only be made directly to your transaction account. ATM access is for balance enquiry and funds transfers only – no cash withdrawals can be made. Transaction and service fees on this page are current as at 7 September 2010, and are subject to change. Some other service fees, including overdrawn or line of credit charges, may apply from time to time.

> Back to top

Cash Management Account fees


Note: Any transactions made at another bank's ATM will incur an additional $1 charge. The term 'free' refers to Westpac fees only.

Account maintenance fee

Average monthly balance of $5,000 or more		Free

Average monthly balance below $5,000		$2.50 per month

Fee description		Fee

All deposits		Free

Electronic transactions (EFTPOS,Westpac ATM transfers/withdrawals, automatic payments, direct debits/credits, bill payments, online and phone banking payments)		$1 a withdrawal

Transaction and service fees on this page are current as at 7 September 2010, and are subject to change. Some other service fees, including overdrawn or line of credit charges, may apply from time to time.

Contact us for more info

> email
> Westpac branches
> phone 0800 400 600 (7am to 11pm, 7 days a week)

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.