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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PSave-Earn on 07/11/2023 - 10:12 westpac.com.au (143 clicks)
Last edited 07/11/2023 - 12:00 by 1 other user

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.

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• 

  Sheng on 07/11/2023 - 10:19

  +5

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

  • 

    freedomofspeech on 07/11/2023 - 10:38

    No way they can afford another increase

    • 

      Sheng on 07/11/2023 - 10:40

      +2

      They don't have too.

• 

  Save-Earn on 07/11/2023 - 10:20

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

• 

  nsingh21 on 07/11/2023 - 10:33

  +2

  Holding for MeBank/ING @5.55%

• 

  StarPlatinum on 07/11/2023 - 10:37

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

• 

  bargain ben on 07/11/2023 - 11:10

  +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).

  • 

    Save-Earn on 07/11/2023 - 11:25

    -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? :)

    • 

      bargain ben on 07/11/2023 - 11:32

      +1

      I said almost no-one.

    • 

      INFIDEL on 07/11/2023 - 12:02

      +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"

  • 

    Drakesy on 07/11/2023 - 11:50

    Good pickup

• 

  Drakesy on 07/11/2023 - 11:50

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

• 

  effraye on 07/11/2023 - 13:43

  How racist.

• 

  khamzatchimaev on 07/11/2023 - 14:05

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

• 

  wrjcu on 07/11/2023 - 14:14

  +1

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

• 

  Sheng on 07/11/2023 - 14:33

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