Westpac Life Savings Account

Interest Rates

• Total Variable Rate: 4.50% p.a.
• Standard Base Rate: 0.40% p.a.
• Bonus Rate: 4.10% p.a. — when you meet eligibility conditions

How to Earn Bonus Interest

• Keep your balance above $0 for the full month
• Make at least one deposit (interest paid doesn’t count)
• Ensure your balance at month-end is higher than at month-start

Why Choose Westpac Life?

• Bucket savings in up to 6 different goals
• Set and track savings goals directly in the Westpac App
• No monthly fees
• Secure and transparent management of your savings

Learn more on Westpac’s official site