Westpac Life

Base Variable Rate

0.60 % p.a.

Max Variable Rate

1.90 % p.a.

Earn up to 1.90% p.a. variable interest rate. Bonus interest is payable each month that you make a deposit to the account, ensure the account balance is higher at the end than the beginning of the month, and keep the account balance above $0. For bonus interest qualification, a month is the period from close of business on the last business day of the prior month to close of business on the last business day of the current month.

  • 0.60% p.a. standard base variable rate and 1.30% p.a. standard variable bonus rate.

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  • No Account
    Keeping Fee
  • Internet
    Banking
  • Counter
    Service
  • Phone
    Banking
  • Atm
  • Required
    Linked Account

Account Details

Account Type
Savings
Min. Opening Amount
$0.00
Min. Balance
$0.00
Monthly Account Fee
$0.00

Interest

Earn up to 1.90% p.a. variable interest rate. Bonus interest is payable each month that you make a deposit to the account, ensure the account balance is higher at the end than the beginning of the month, and keep the account balance above $0. For bonus interest qualification, a month is the period from close of business on the last business day of the prior month to close of business on the last business day of the current month.
Interest Calculation Frequency
Daily
Interest Payment Frequency
Monthly
Interest Paid In Steps?

ATM & EFTPOS Fees

ATM Withdrawal Fee
-
ATM Balance Fee
-
Daily ATM Withdrawal Limit
$1,000.00
EFTPOS Fee
-
Debit Card Replacement Fee
-

Fee Details

Service Fee Frequency
Monthly
Fee Rebate Available
Balance Required for Fee-Free
$0.00

Internet & Phone Fees

Phone Transaction Fee
-
Internet Transaction Fee
-
Free Electronic Trans. per Month
0

Counter & Cheque Fees

Counter Deposit Fee
$2.50
Counter Withdrawal Fee
$2.50
Free Counter Trans. Per Month
0
Cheque Fee
-
Cheque Dishonour Fee
-
Debit Item Dishonour Fee
-

Overseas Access

Overseas ATM Facilities
Cirrus,Maestro
Overseas ATM Balance Fee
-
Overseas ATM Withdrawal Fee
-
Overseas EFTPOS Fee
-
OS Emergency Card Replacement
-
Foreign Transaction Fee
0.00%

Westpac Life

Base Variable Rate 0.60% p.a.
Maxn Variable Rate 1.90% p.a.

Earn up to 1.90% p.a. variable interest rate. Bonus interest is payable each month that you make a deposit to the account, ensure the account balance is higher at the end than the beginning of the month, and keep the account balance above $0. For bonus interest qualification, a month is the period from close of business on the last business day of the prior month to close of business on the last business day of the current month.

No Account Keeping Fee
Internet Banking
Counter Service
Phone Banking
Atm
Required Linked Account

Top Features

  • 0.60% p.a. standard base variable rate and 1.30% p.a. standard variable bonus rate.

More Information

Account Type Savings
Min. Opening Amount $0.00
Min. Balance $0.00
Monthly Account Fee $0.00
Cheque Deposit
Cheque Withdrawal
Direct Credit
Direct Debit
BPAY
Earn up to 1.90% p.a. variable interest rate. Bonus interest is payable each month that you make a deposit to the account, ensure the account balance is higher at the end than the beginning of the month, and keep the account balance above $0. For bonus interest qualification, a month is the period from close of business on the last business day of the prior month to close of business on the last business day of the current month.
Interest Calculation Frequency Daily
Interest Payment Frequency Monthly
Interest Paid In Steps?
Phone Transaction Fee -
Internet Transaction Fee -
Free Electronic Trans. per Month 0
ATM Withdrawal Fee -
ATM Balance Fee -
Daily ATM Withdrawal Limit $1,000.00
EFTPOS Fee -
Debit Card Replacement Fee -
Debit Item Dishonour Fee
Counter Deposit Fee $2.50
Counter Withdrawal Fee $2.50
Free Counter Trans. Per Month 0
Cheque Fee -
Cheque Dishonour Fee -
Debit Item Dishonour Fee -
Service Fee Frequency Monthly
Fee Rebate Available
Balance Required for Fee-Fre $0.00
Overseas ATM Facilities Cirrus,Maestro
Overseas ATM Balance Fee -
Overseas ATM Withdrawal Fee -
Overseas EFTPOS Fee -
OS Emergency Card Replacement -
Foreign Transaction Fee 0.00%