Summary
Before you get started, here's a quick recap of what you're applying for:
Westpac 55+ and Retired
- An everyday account for retirees 55 or over that gives you access to your money with a Debit Mastercard®¹ and interest on account balances
$0 Account-keeping fee
- You're at least 55 years old and retired with an Australian residential address.
What kind of account do you need?
Single
Joint
Are you already a Westpac customer?
Yes
No
What to have handy
- Your Westpac Online Banking sign in details.
By continuing you agree
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information. Our Privacy Statement also provides information about how you can access and correct your personal information, and make a complaint. You do not have to provide us with any personal information but, if you don’t, we may not be able to process your application or request.
- You can view our Financial Services Guide (PDF 249KB) before making a decision as to whether these products are right for you.
By opening the account, you agree:
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 645KB) and the Online Banking Terms and Conditions (PDF 620KB) that apply to the products and services you are applying for.
- To us sending you a Debit Mastercard® and linking it to your account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 210KB) (if applicable).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, they will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
Ready to get started?
Other options
- Under 18 or applying on behalf of somebody younger? Learn more
What to have handy
By continuing you agree
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information. Our Privacy Statement also provides information about how you can access and correct your personal information, and make a complaint. You do not have to provide us with any personal information but, if you don’t, we may not be able to process your application or request.
- You can view our Financial Services Guide (PDF 249KB) before making a decision as to whether these products are right for you.
By opening the account, you agree:
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 645KB) and the Online Banking Terms and Conditions (PDF 620KB) that apply to the products and services you are applying for.
- To us sending you a Debit Mastercard® and linking it to your account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 210KB) (if applicable).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, they will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
Ready to get started?
Other options
- Under 18 or applying on behalf of somebody younger? Learn more
Are both applicants Westpac customers?
Yes
No
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 agree
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information. Our Privacy Statement also provides information about how you can access and correct your personal information, and make a complaint. You do not have to provide us with any personal information but, if you don’t, we may not be able to process your application or request.
- You can view our Financial Services Guide (PDF 249KB) before making a decision as to whether these products are right for you.
By opening the account, you agree:
- To the Deposit Accounts for Personal Customers Terms and Conditions (PDF 645KB) and the Online Banking Terms and Conditions (PDF 620KB) that apply to the products and services you are applying for.
- To us sending you a Debit Mastercard® and linking it to your account, as set out in the Westpac Debit Mastercard Terms and Conditions (PDF 210KB) (if applicable).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, they will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
- You agree to hold the account in joint names (to open an account in trust you’ll need to visit a branch)
- You agree that you have permission to give us personal information about any joint applicants
- You agree that both account holders can transact on the account individually, for example, withdraw funds without permission from the other account holder.
Ready to get started?
Other options
- Under 18 or applying on behalf of somebody younger? Learn more
Complete your application in branch together
If you or the person you’re applying with is a new Westpac customer, you’ll need to visit a branch together to open your account. Please make sure you both bring:
- Your tax details. We’ll need your Tax File Number (TFN) and if you’re a foreign tax resident, we’ll also need your tax residency details
- Suitable ID. You’ll both need to be verified separately.
You can use our identification checklist to work out which documents you’ll need for your situation.
To ensure we’re best prepared to help you, please call the branch first to make an appointment.
If you're an Aboriginal or Torres Strait Islander and don't have any of the required forms of identification, please call our
Indigenous Call Centre on
1800 230 144 Monday to Friday 9am - 6.30pm ACST or
visit your nearest branch.
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.
Mastercard® and the circles design are registered trademarks of Mastercard International Incorporated.