Westpac Bonus Saver - Interest rates: You can earn bonus interest as long as on the last business day of the month your balance is $20 greater than the last business day of the month prior. The $20 excludes interest earned on the account and/or Westpac fees charged to the account. Westpac savings account rate cut . Westpac's two savings accounts, the Westpac Life and eSaver accounts, have had interest rates cut by 25 basis points in total. The Westpac Life account has been reduced from a total rate of 1.55% p.a. to 1.30% p.a. The changes to this account are two fold: Westpac is the latest of the big four banks to cut interest rates on its savings accounts. Not even a month after ANZ and NAB swung the axe on their popular savings account interest rates, Westpac has joined the rate cutting party. The major bank has cut interest rates on its Westpac Life Account and Westpac eSaver Account. Canstar provides comparisons and ratings for a range of savings account providers. Compare Westpac savings accounts today. Canstar provides comparisons and ratings for a range of savings account providers. Compare Westpac savings accounts today.
For rates on other balances, terms and interest payment frequencies please call 132 142 (8am-8pm, 7 days a week). Our current term deposit rates are shown above. Look out for our latest special rates marked in red.
Savings Goals: Both an account holder and an account signatory (where applicable) can use the Savings Goals feature in Online Banking, including to view, add, edit and delete the Savings Goals on Westpac Life or Bump Savings account. Online Banking Terms and Conditions apply. ^ Rate is available for new Term Deposits from $5,000 to $5,000,000. Westpac savings account options include eSaver and Reward Saver, neither of which incur a monthly service fee. The eSaver account offers bonus interest for the first five months. Reward Saver has a base rate of 0.01 per cent, but pays bonus interest in any month that you deposit at least $50 and make no withdrawals. The major bank has cut interest rates on its Westpac Life Account and Westpac eSaver Account. The bonus rate on the Westpac Life Account has been dropped from 1.20% p.a. to 1.10% p.a. This brings the maximum ongoing interest rate down from 1.65% p.a. to 1.55% p.a. For rates on other balances, terms and interest payment frequencies please call 132 142 (8am-8pm, 7 days a week). Our current term deposit rates are shown above. Look out for our latest special rates marked in red. Online savings accounts. These online savings accounts often offer competitive rates of interest "at call" in return for more restricted account access. Most are to be linked to an everyday transaction account.. Why choose this type of account? Someone may choose this account if they want to make the most of their spare cash and earn interest on it while deciding how to use it. "Rate" and "Rates" refer to (a) interest rates for the Simple Saver and Westpac Bonus Saver accounts; and (b) the rate of return for Westpac Bonus Saver PIE and Notice Saver. *You can earn bonus interest as long as on the last business day of the month your balance is $20 greater that the last business day of the month prior.
Canstar provides comparisons and ratings for a range of savings account providers. Compare Westpac savings accounts today. Canstar provides comparisons and ratings for a range of savings account providers. Compare Westpac savings accounts today.
0.90% p.a.. Bonus interest is payable each month that you: Make a deposit to the account;; Ensure your account balance is higher at the end of Choose from a savings account that could reward you with bonus interest, or an online savings account with a great introductory interest rate. Interest rates. An introductory fixed bonus rate of 1.25% p.a. applies for the first 5 months, on top of the standard variable rate when you are a new Westpac eSaver customer:. View all of Westpac's current interest rates for bank accounts and term investments. All rates are subject to change without notice. Type of Bonus interest rate paid. 0.75% p.a. variable bonus interest each month you grow your balance1. Plus. Parents can open a Bump Savings account for
"Rate" and "Rates" refer to (a) interest rates for the Simple Saver and Westpac Bonus Saver accounts; and (b) the rate of return for Westpac Bonus Saver PIE and Notice Saver. *You can earn bonus interest as long as on the last business day of the month your balance is $20 greater that the last business day of the month prior.
2 Jul 2019 He said NAB would not cut interest rates on savings accounts by more than 0.19 percentage points. Commonwealth Bank said it would cut the 14 Jun 2019 Fellow “big four” players ANZ and Westpac are yet to announce changes to savings account rates but Canstar finance expert Steve 29 Oct 2019 No option for savers as banks cut deposit interest rates access account was Westpac's Life account, which offered customers 1.65 per cent, Total variable rate: 1.70% p.a. if bonus interest criteria are met: Standard variable rate: 0.95% p.a. Bonus variable rate: 0.75% p.a. Bonus interest is payable each month that you: Make a deposit to the account; Ensure your account balance is higher at the end of the month than the beginning; and; Keep your account balance above $0 at all times. eSaver: If you have not had a Westpac eSaver account before, an introductory fixed bonus rate of 1.45% p.a. applies for the first 5 months, on top of the standard variable rate. After 5 months, the standard variable interest rate, currently 0.10% p.a. will apply. Existing or previous eSaver account holders are not eligible for this offer.
Savings Goals: Both an account holder and an account signatory (where applicable) can use the Savings Goals feature in Online Banking, including to view, add, edit and delete the Savings Goals on Westpac Life or Bump Savings account. Online Banking Terms and Conditions apply. ^ Rate is available for new Term Deposits from $5,000 to $5,000,000.
Type of Bonus interest rate paid. 0.75% p.a. variable bonus interest each month you grow your balance1. Plus. Parents can open a Bump Savings account for Short term, longer term, flexible, fixed – the one thing these accounts all have in common is they pay very competitive interest rates. Westpac Bonus Saver · Notice Find out more about bank and savings accounts provided by Westpac. access to funds in your account, while also offering a competitive interest rate. You get 13 Feb 2020 The major bank has cut interest rates on its Westpac Life Account and Westpac eSaver Account. The bonus rate on the Westpac Life Account has