Whether you’re spending, saving or investing your money – or doing a combination of all three – Westpac offers hundreds of ways to manage your money and help you take control of your finances. Here are just some.
Take your bank with you, wherever you go, with Australia’s number one banking app. If you have a Westpac bank account, you can use the Westpac App to transfer money, split group payments, and see your accounts at a glance.
Budgeting and savings tools can help you manage your money on the go, while the ATM locator can help you find an ATM close to home, or find a Global Alliance ATM when you’re travelling overseas.
You can contact us straight from the App, too. Simply sign in, tap Contact Us, choose your service, and get connected.
There is a suite of budgeting tools available in the Westpac App to help you make the most of every dollar. The App dashboard has tools for you to track your spending each month, compare your spending across categories, set category limits, and follow your ins and outs.
There’s also a Savings Finder tool in the Westpac App that automatically calculates your annual spend on subscriptions and regular bills, so you can review them to determine how much you can save by cancelling or cutting back expenses.
Plus, bill reminders allow you to receive notifications about upcoming bills when you set up Bills Calendar in the App, so you can stay on top of those expenses.
Outside of the App, there’s a handy online budget planner calculator. This takes into account your incomings and outgoings, including your in-person transactions and cash transactions. It looks at your income and expenses, so you can see where your money’s going and if you’re spending more or less than you can afford.
Did you know … Westpac Online Banking has over 200 features to help you take control of your finances? Here are just a few:
Receiving bills isn’t enjoyable. But paying them doesn’t need to feel like a chore. BPAY is a service that allows you to securely manage and pay your bills online 24/7, via Online Banking or the Westpac App.
You can use BPAY to:
PayID is the latest secure way for customers to send and receive money quickly, with payments between participating banks made in real time, so you can pay and get paid fast.
Use your mobile number to receive money by registering it for PayID in Online Banking or the Westpac App. Pay ID is free to set up and there are no fees to use it, and it has the same level of security as your existing bank payments.
Many Australians still prefer to bank over the phone, and that’s OK. Self service telephone banking gives you the flexibility to manage your banking when it suits you, wherever you are. You can also get information on products, services, interest rates and fees by speaking to a banking representative (8am-8pm, 7 days a week).
Once you’re on the phone, you can:
If managing your finances involves international transfers, you can use Online Banking or the Mobile App to do so. You’ll pay no international transfer fees when you send foreign currency overseas from Australia via Online Banking or the Mobile App.
You can also receive money from overseas into your Westpac account.
The Debit Mastercard® daily cash withdrawal limit for Westpac customers is $1000 per person per day. This is a default limit, but you can manage your withdrawal limit (increase it, decrease it, or set a new default) simply and securely from either Online Banking or the Westpac App.
As an Australian major bank, Westpac has a range of security measures to ensure that no matter how you access your money, you’re protected.
For example, if you’ve lost your Westpac Mastercard® credit or debit cards, you can use the Westpac App to lock your card temporarily.
There’s also dynamic CVC, which refreshes your card’s security number every 24 hours, reducing the risk of fraud.
Our Safe Online Banking guarantee means that if your Westpac account is compromised as a result of Internet fraud, we guarantee to repay any missing funds, providing you comply with our Online Banking Terms and Conditions.
These are just a few of the ways Westpac protects you. There are also real-time checks, enhanced card security when making online transactions, and 24/7 detection of scams and threats that target our customers.
Whether you choose to manage your money over the phone, via the app, online, or by using a combination of these options, the range of tools and features provided by Westpac – along with top-notch security protection – empowers you to tailor your approach to suit your needs.
For Westpac issued products, conditions, fees and charges apply. These may change or we may introduce new ones in the future. Full details are available on request. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions, before deciding. Target Market Determinations for the products are available.
Fees and charges may apply for international money transfers.
The information in this article is general in nature (including any tax information provided)and does not take your objectives, financial situation or needs into account and does not constitute tax advice. Consider its appropriateness to these factors; and we recommend you seek independent professional legal and/or financial advice about your specific circumstances before making any decisions.
Online Banking Security Guarantee. If your Westpac account is compromised as a result of internet fraud, we will repay any missing funds providing you comply with our Online Banking Terms and Conditions (PDF 555KB) (PDF 407KB).
Westpac’s Online Banking Security Guarantee - If your Westpac account is compromised as a result of Internet fraud, we guarantee to repay any missing funds, providing you comply with our Online Banking Terms and Conditions. This includes keeping your sign-in details (including passwords, Westpac Protect™ SMS codes and SecurID® Token codes) private. You must inform us immediately if you suspect the security of your access details has been compromised, or you suspect an unauthorised transaction or potential fraud on your accounts.