We currently don't have that product, but here are others to consider:
How we picked theseThe Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
Want more interest on your savings?
Compare now and find a better rate.
We currently don't have that product, but here are others to consider:
How we picked theseWe assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.
Looking for a better bank account?
Compare everyday accounts and find one that works harder for you.
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.
Lock in a great rate
Compare term deposits to grow your savings with confidence.
Based on Westpac bank account scores in Finder's 2024 & 2025 Customer Satisfaction Awards.
Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.
If you're a Westpac customer, you can save money on ATM fees when travelling overseas through the bank's international ATM alliance. Westpac is partnered with major international banks and waives the fee for overseas ATM withdrawals at thousands of partner ATMs.
If you have an eligible card issued by a member of the Westpac Group such as travel or EFTPOS card, you won't pay any international ATM fees when you make a withdrawal from a Westpac international ATM alliance partner. A 3% foreign transaction fee applies when using a debit or credit card.
The following table shows the banks in different countries where Westpac customers can avoid the international ATM fee. Note that Westpac-issued American Express cards are not included in the Westpac Global ATM Alliance.
| Country | ATM Network |
|---|---|
UK | Barclays Bank |
United States of America | Bank of America |
China | Bank of Nanjing |
France, Poland, Luxembourg, Algeria, Guadeloupe, Guyane, La Reunion, Martinique, Morocco, New Caledonia, Senegal, Turkey Italy (under the BNL Brand) | BNP Paribas |
Indonesia, Malaysia | CIMB |
Germany | Deutsche Bank, Postbank |
Singapore | DBS, POSB |
Canada, Bahamas, Barbados, Cayman Islands, Dominican Republic, Jamaica, Trinidad, Turks & Caicos, Costa Rica, Panama, Chile, Colombia, Mexico, Peru, Uraguay | ScotiaBank |
Ukraine | Ukrsibbank |
New Zealand | Westpac NZ |
Fiji | Westpac |
PNG | Westpac PNG |
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Earn a market-leading bonus interest rate if you're under 30, and when you meet the account conditions. Learn more about the Westpac Life account and apply online.
The Westpac Life savings account allows you to earn a competitive interest rate while helping you to meet your personal savings goals.
With Westpac Bank migrants can have their financial business in check before making Australia their temporary home.
Make it through your tertiary school years with ease with a flexible transaction account.
Westpac Choice offers you a unique way to save money on mortgage interest while encouraging you to make deposits by offering fee-free banking as an incentive.
While a Westpac term deposit gives you the certainty of earning a fixed interest rate as per your chosen term, so do term deposits offered by other banks. Make sure you compare a few before deciding.
Westpac makes it easy to save with an online account that pays you a competitive interest rate with no monthly fees.
What is the highest paying term deposit for 2 months in W.A.
Hi Frances,
Thanks for your question.
While we do not have a dedicated term deposit rates comparison page for WA, you may use our term deposit page. You should find a comparison table on that page that lists the term deposit accounts along with their corresponding interest rates.
Please read through the terms, conditions, and features of the account you’re interested in before making a final decision.
I hope this helps.
Cheers,
Liezl
I have Westpac bank Choice account and Esaver account. And I have issued the debit MasterCard . When I want to use I have to press credit instead of savings. Why it is like this? I do not understand, it is not credit card but still I have to press credit. And I have faced some problems like I can not with draw money in shops. Please let me what can I do about this.
Thanks
Hi Vemanna,
Thanks for the query.
Pressing “credit” makes the purchase go through as a credit transaction, which gives it additional fraud protection compared to a regular transaction would. If you can’t withdraw money from the “credit” option, you can try using the “savings” option. Remember to check if you have sufficient funds to complete the transaction.
I hope this helps,
Harry
Can I use smart ATM to deposit cash in to my imb account and funds be available immediately? Urgent. Thanks
Hi Ben,
Thanks for your question.
Unfortunately Westpac SmartATMs can only facilitate deposits straight into Westpac accounts. You may want to consider using Bank@Post instead.
Cheers,
Shirley