Westpac eSaver
4.25%
-
Savings
Moneybuddy says
A useful account that offers a reasonable savings rate and allows you very easy access to your money. You can transfer your money between accounts with little hassle, online and via telephone banking. There's no fixed terms, which means that you maintain constant access to your money and the account won't lock it away from you for any set time. You also don't need to keep a minimum monthly balance, and there's no account service fees. An easy savings option from Westpac.
The Basics
Interest paid Monthly
Interest calculated Daily
Headline interest rate 4.25%
Monthly fee -
Account type Savings
The cool stuff: features
ATM access No
EFTPOS access No
Branch access No
Internet Banking No
Age restrictions No
Cheque book facility No
Debit card No
BPAY No
GiroPost No
Phone access No
The Facts & Figures
Balance less than $1k -
Balance less than $5k -
Balance less than $25k -
Balance greater than $100k -
Min. balance -
Min. opening deposit -
Number of free elect transactions per month -
The ugly stuff: fees
Other bank ATM fee -
EFTPOS transaction fee -
Branch assistance fee -
* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.
Westpac says
The Westpac eSaver is ideal for those looking to earn a competitive return whilst having the convenience to instantly access funds, through automated Telephone and Internet Banking, 24 hours a day, 7 days a week.
Features and benefitsHigh interest calculated daily on the full balance and paid monthly, No monthly service fee, Unlimited and fee free access to funds via Internet or Automated Telephone Banking to a linked transaction or savings account, No minimum balance, transfers or fixed investment terms, Optional paperless estatementsNote: To operate the Westpac eSaver account, you must hold a Westpac transaction or savings account in the same name(s) as your Westpac eSaver account.
Key features
- High interest calculated daily on the full balance and paid monthly
- No monthly service fee
- Unlimited and fee free access to funds via Internet or Automated Telephone Banking to a linked transaction or savings account
- No minimum balance
- transfers or fixed investment terms
- Optional paperless estatements
Pros
- No account fees
- No minimum monthly balance
- No fixed terms
- Easy transfer of money between accounts
Cons
- There are higher savings rates available
More from Westpac
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