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- Westpac Life - 18 to 29 years old
Westpac Life - 18 to 29 years old
- 2024 Award Winner
- Bonus interest with conditions
- App banking
- Online banking
- Linked account required
Maximum rate p.a.
5.20%*
Base rate p.a.
2.00%
Westpac Life - 18 to 29 years old
- 2024 Award Winner
- Bonus interest with conditions
- App banking
- Online banking
- Linked account required
Maximum rate p.a.
5.20%*
Base rate p.a.
2.00%
RateCity says
"Accelerate your savings with this competitive interest rate savings account available to savers aged 18 to 29."
Pros and Cons
For Westpac Life - 18 to 29 years old
Benefits
- Maximum interest rate ranked in the best 20% (conditions may apply)
- Ongoing bonus interest (conditions apply)
- No ongoing account fees
- No minimum balance
- Winner of Best Savings Account Young Adults, RateCity Gold Awards 2024
Drawbacks
- Only available with linked transaction account
Westpac Rate Savings Account overview
For Westpac Life - 18 to 29 years old
Account Details
Maximum rate p.a.
5.20%*
Minimum age restrictions
18
Base rate p.a.
2.00%
Maximum age restrictions
29
Maximum rate condition
*Make a deposit and make 5+ purchases on your W...
Minimum opening deposit
$0
Interest calculation method
Tiered
Target Market Determination
Visit Westpac Banking Corporation Ltd to view Target Market Determination.
Features
Joint application available
Is online only
Linked account required
Methods of Access
Internet facility
ATM access
Phone facility
Eftpos facility
Branch access
App
App only
Fees
Account keeping fees
$0
Eftpos fee
$0
ATM withdrawal fee
$0
Overseas eftpos fee
$0
Internet transaction fee
$0
Over the counter deposit fee
$0
Phone transaction fee
$0
Over the counter withdrawal fee
$0