You don’t need to have an opening balance to open an Electronic account.
With an Electronic bank account you can
stop your printed statements via Online Banking, and you won’t be charged a monthly account maintenance fee
get a Westpac ATM/EFTPOS card to access your money through EFTPOS and ATMs
get automatic registration for phone banking and Online Banking
arrange an overdraft or apply for a credit card
get a chequebook if you need one
Managing your money with an Electronic account
With an Electronic account you can
do almost all your banking and pay bills using phone banking or Online Banking
pay regular bills with automatic payments or direct debits
set up Payline Split to automatically pay some of your income to your Electronic account and the rest to another Westpac account
These transactions are free with your Electronic account
EFTPOS
Westpac ATM transfers/withdrawals
automatic payments
direct debits and credits
bill payments
online and phone banking payments
Open a new Electronic account in Online Banking
Westpac customers can open a new Electronic account in Online Banking, just select ‘New account’ from the ‘I want a…’ menu.
As soon as the account has been opened, you will be able to use it in Online Banking and via ATMs and EFTPOS terminals (if you choose to access your new account using your existing bank and credit cards).
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.