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Summary

Before you get started, here’s a quick recap of what you’re applying for:

The Westpac eSaver account comes with a Westpac Choice everyday account so you can easily transfer money in and out. We'll only open a Choice account if you don't already have one.

 

To open you'll need to be at least 14 years old with an Australian residential address.

Westpac eSaver

  • A savings account that lets you save with ease with introductory bonus interest, unlimited withdrawals and 24/7 access
  • 4.65% p.a. total introductory interest rate for the first 5 months for new eSaver customers (1.10% p.a. standard variable base rate + 3.55% p.a. introductory fixed rate for 5 monthsº). Reverts to 1.10% p.a. standard variable rate after the first 5 months
  • Additional 0.35% p.a. online bonus rate for the first 5 months*
  • $0 Account-keeping fee
+

Westpac Choice (if you don't already have one)

  • An everyday account with a Debit Mastercard®¹ to make deposits and withdrawals, payments online or on the Westpac App
  • $5 a month Account-keeping fee. Waived if you're under 30, a fulltime tertiary student, new to Australia (for the first 12 months), or deposit at least $2,000 each month. Fee also waived for Westpac Choice accounts opened online by 30 September 2025 (for the first 12 months)#.

What kind of account do you need?

Are you already a Westpac customer?

What to have handy

  • Your Westpac Online Banking sign in details.

By continuing you agree

Ready to get started?

Yes, continue

No, I want to look at something else.

Other options

  • Under 18 or applying on behalf of somebody younger? Learn more
     

What to have handy

Your mobile

A secure code will be sent to your mobile to verify your phone number.

Two of these ID documents

  • Passport
  • Medicare card
  • Australian driver license
  • Australian birth certificate

If your details are entered incorrectly or we’re unable to identify you, your application will need to be completed in branch.

 

If you’re Aboriginal or Torres Strait Islander and don't have the required documents, call our Indigenous Call Centre on 1800 230 144 Monday to Friday 9am – 6:30pm ACST or visit your nearest branch.

Foreign tax details

Only applicable if you're liable to pay tax in another country.

By continuing you agree

Ready to get started?

Yes, continue

No, I want to look at something else.

Other options

  • Under 18 or applying on behalf of somebody younger? Learn more
     

Are you already a Westpac customer?

What to have handy

  • Your Westpac Online Banking sign in details.
  • You’ll need to be registered for Westpac Protect SMS Code. We’ll send an SMS Code to both applicants before you open your account.

By continuing you both agree

Ready to get started?

Yes, continue

No, we want to look at something else.

Other options

  • Under 18 or applying on behalf of somebody younger? Learn more
     

What to have handy

Your mobile

A secure code will be sent to your mobile to verify your phone number.

Two of these ID documents

  • Passport
  • Medicare card
  • Australian driver license
  • Australian birth certificate

If your details are entered incorrectly or we’re unable to identify you, your application will need to be completed in branch.

 

If you’re Aboriginal or Torres Strait Islander and don't have the required documents, call our Indigenous Call Centre on 1800 230 144 Monday to Friday 9am – 6:30pm ACST or visit your nearest branch.

Foreign tax details

Only applicable if you're liable to pay tax in another country.

By continuing you both agree

Ready to get started?

Yes, continue

No, I want to look at something else.

Things you should know
1  Debit Mastercard®: Westpac Choice Youth account, the eligible card age is 8. For any other transaction account, the eligible card age is 14. You must have an Australian residential address.
 
Westpac everyday account: To open a Westpac savings account, customers must hold a Westpac everyday account in the same name and be registered for Online and Phone Banking. Fees and charges may apply on the everyday account.
 

Mastercard® is a registered trademark of Mastercard International Incorporated.
 

º If you have not had a Westpac eSaver account before, an introductory fixed rate of 3.55% p.a. applies for the first 5 months, on top of the standard variable rate. After 5 months, the standard variable interest rate, currently 1.10% p.a. will apply. Existing or previous eSaver account holders are not eligible for this offer. Joint accounts are eligible where the primary account holder has not held an eSaver account before.
 
* Only available for new eSaver accounts opened online by sole applicants who have never held an eSaver account before.

# Open a new Westpac Choice account online between 1 February 2024 and 30 September 2025 to have the monthly Account Keeping fee waived for the first 12 months. At the end of the 12-month period, the monthly Account Keeping fee (currently $5) will apply unless the minimum monthly deposit criteria are met. Individual(s) under the age of 30, New Arrivals, and students are ineligible for this Offer. This offer is not applicable to the Westpac Choice Concession account. For joint accounts, individuals must meet the eligibility criteria for the fee waiver to apply. Other fees and charges, terms and conditions apply to the Westpac Choice account. This offer may be repeated from time to time, withdrawn, varied, or extended at any time.