Personal Accounts

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Find the current T&Cs and recent changes.

Select below to find the current T&Cs and recent changes.

Westpac Choice, Westpac 55+ and retired, Westpac Bump Savings, Westpac Life and Westpac eSaver

Summary of changes, effective 15 November 2024

Section Reference	Change Description
Writing cheques	Removed references to ordering bank cheques via Online Banking under 'Getting a bank cheque'.
Bank cheques	Removed references to ordering bank cheques via Online Banking under 'Getting a bank cheque'.
Other Bank Charges	Removed reference to ordering bank cheques via Online Banking under 'Issue of a bank cheque'.
Joint account holder responsibilities	Additional information about the handling of disputes on Joint accounts Notwithstanding the authorised method of operation of a joint account, if we are made aware of a dispute between any of the account holders, we may place a temporary block on the joint account while we investigate the dispute.

Summary of changes, effective 16 August 2024

Section Reference	Change Description
A guide to using your Debit Mastercard	Amended to clarify the card eligibility age Removed ‘Getting started’ sub section.
Your Card	Amended content under Weekly Spend Limit to clarify included and excluded payment types.

Summary of changes, effective 18 March 2024

Section Reference	Change Description
Type of Periodical Payments - Fee (each payment) Table	Amended wording to clarify that the overdrawn fee is nil for Westpac Choice Concession account holders.

Summary of changes, effective 30 August 2024

Section Reference	Change Description
Terms appear on the Westpac website only. Things you should know – 2. Spend&Save bonus variable interest	Effective 30 August 2024 the following changes will be made to Spend&Save bonus variable interest with a Westpac Life and Westpac Choice account: removed the requirement for the eligible Westpac Life and Westpac Choice account being in the same name removed the requirement for only the earliest Choice account being eligible amended wording to reflect that the 5 eligible purchases with a debit card linked to the Westpac Choice account must be settled (not pending) by 11.59PM AEST on the second last business day within a calendar month amended wording to reflect that Spend&Save bonus variable interest is recorded as paid into an eligible Westpac Life account on the last business day of the month added information that the bonus interest will appear on a Life account statement as “Interest Paid - Promotional” and in Online Banking and the Westpac App as “Promotional rate” removed that if a Westpac Life account is closed before 21^st day of the following month bonus interest will not be paid.

Section Reference

Change Description

Terms appear on the Westpac website only.

Things you should know – 2. Spend&Save bonus variable interest

Effective 30 August 2024 the following changes will be made to Spend&Save bonus variable interest with a Westpac Life and Westpac Choice account:

removed the requirement for the eligible Westpac Life and Westpac Choice account being in the same name
removed the requirement for only the earliest Choice account being eligible
amended wording to reflect that the 5 eligible purchases with a debit card linked to the Westpac Choice account must be settled (not pending) by 11.59PM AEST on the second last business day within a calendar month
amended wording to reflect that Spend&Save bonus variable interest is recorded as paid into an eligible Westpac Life account on the last business day of the month
added information that the bonus interest will appear on a Life account statement as “Interest Paid - Promotional” and in Online Banking and the Westpac App as “Promotional rate”
removed that if a Westpac Life account is closed before 21^st day of the following month bonus interest will not be paid.

Find the current T&Cs and recent changes.

Westpac Passbook 55+ and Retired, Passbook, Personal Cheque and Premium Saver

Summary of changes, effective 15 November 2024

Section Reference	Change Description
Other Bank Charges	Removed reference to ordering bank cheques via Online Banking under 'Issue of a bank cheque'.
20.4 Bank cheques	Removed references to ordering bank cheques via Online Banking for bank cheques Deleted “widely accepted means of safe payment, and a safe alternative…to cash” in reference to drawing a bank cheque.
5.6 Joint accounts. Joint account holder responsibilities	A new bullet point included at the end of subsection titles Joint account holder responsibilities regarding the handling of disputes on Joint accounts Notwithstanding the authorised method of operation of a joint account, if we are made aware of a dispute between any of the account holders, we may place a temporary block on the joint account while we investigate the dispute.