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Up to 5.20% p.a. for The First 5 Months When You Open a New eSaver Account within 12 Months of Arrival in Australia @ Westpac

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Earn up to 5.20% p.a. in total interest for the first 5 months when you open a new Westpac eSaver account within 12 months of arrival

  • The rate of 5.20% p.a. for the first 5 months is a combination of a fixed introductory rate of 3.55% p.a. and a new arrival fixed bonus rate of 0.55% p.a. on top of the standard variable rate, currently 1.10% p.a.*

  • Bonus offer available from 10/10/2023 for a limited time only. Only available for new eSaver accounts opened by sole applicants who are new arrivals to Australia and have never held an eSaver account.

  • Note : Reverts to 1.10% p.a. Standard variable interest rate after 5 months.

  • Tip: Once you arrive in Australia, you can apply online in just a few minutes. Verify your ID, which may mean Westpac must see you in person at your nearest branch.

Referral Links

Westpac Choice Account: random (114)

Referrer & Referee get $50 after referee makes 5 card purchases & deposits $500+. Maximum of 5 referrals allowed per customer: bonus is not paid to either parties if the referral code has been used more than 5 times.

Related Stores

Westpac
Westpac

closed Comments

  • +5

    To early man. Banks will up it at 2:30 this arvo ;)

    • No way they can afford another increase

      • +2

        They don't have too.

  • Yes, these are variable rates so you should get extra interest from next month.

  • +2

    Holding for MeBank/ING @5.55%

  • I get this rate now but Im getting the under 25 rate

  • +5

    Only available for new eSaver accounts opened by sole applicants who are new arrivals to Australia

    So almost no-one here will qualify. (Unobtainable deal).

    • -4

      Mate, the deal is for Ozbargainers (or their friends) who are new to Australia within 12 months of arrival and have never held an Westpac eSaver account. Are you confirming we have no new ozbarginers (or their friends) satisfying the above condition? :)

      • +1

        I said almost no-one.

      • +2

        That vital info was missing from Title.
        Someone had to Report your Deal. Mod just added it as I commented.

        You wrote:
        "When You Open a New Westpac Esaver Account within 12 Mnths"

        So anyone could get this Deal within the next 12 Mnths… NO!
        Very misleading!

        Mod added the important restriction you left out of Title:
        "within 12 Months of Arrival in Australia"

    • Good pickup

  • Everything's going up across the board come the rate rise today.

  • How racist.

  • Good for new immigrants to set up their life in Australia!

  • +1

    Wait what westpac giving a better interest rate to immigrants then Aussies, sounds about right.

  • and we going up 25 basis points. Rate is already old.

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