Westpac Bonus Interest Savings Account | Westpac.com.au/rewardsaver
TheWestpac Bonus Interest Savings Account is no ordinary account. This account earns a standard variable interest rate of 1.00% However in addition to this standard rate, you earn 5.50% for 4 months.
| Maximum Variable Rate | 5.50% |
|---|---|
| Standard Variable Rate | 1.00% |
| Bonus Variable Rate | 4.50% |
| Monthly Fee | $0 |
| Minimum Deposit | $0 |
Westpac’s Fabulous Features
This account also earns a 4.50% variable bonus rate if you make a deposit each month of at least $50 and you do not take out any money. That comes out to be up to 5.50% in total interest that can be accumulated. That is a LOT of interest!If you are interested in being a bit more environmentally friendly, theWestpac Bonus Interest Savings Account gives you the option of having paperless eStatements. Have your monthly statement come directly to you in your e-mail account without the mess of paper. You can also opt to enroll in the Westpac Plus package. For a nominal fee you can gain access to additional products and services that give you a discount on personal loans, great rates on credit cards and fee waivers on newly opened credit cards.You can also access your money in a variety of ways. If you are comfortable with computers then manage your account online. You are also able to have access to many banking services from the telephone or if you prefer, go directly into a branch and take care of your banking business there.
Additional Benefits
You can receive a Debit MasterCard or Handycard when you open this account. The Debit MasterCard requires certain eligibility requirements such as being over the age of 18 and having an Australian residential address. For those who don’t meet these requirements but are over the age of 12, they will receive a Handycard that provides access to the account.You will not be charged an ATM fee when you perform cash withdrawals from Westpac and other participating ATMs. If you choose a non-Wesetpac/St.George/BankSA ATMs then you will be assessed a fee. The fee is disclosed when you perform the transaction. The Westpac Bonus Interest Savings Account is an account that will work for you. With such a great offer and a high interest returns, you will be elated as you see your balance increase each month.
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Top High Interest Savings Accounts
All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.
| Savings Account | Account Details | Maximum Variable Rate p.a. | Standard Variable Rate p.a. | Bonus Interest p.a. | Fees | Min Balance/Min Deposit | |
|---|---|---|---|---|---|---|---|
 UBank USaver | High ongoing rate of 5.41% p.a. Deposit $200 monthly to receive a bonus 0.60% p.a, taking this up to 6.01% p.a. Open online. | 6.01% | 5.41% | 0.60% | $0 | $0 / $0 |
 
|
 Virgin Saver Account | High introductory rate for 4 months to grow savings faster. | 5.85% | 4.65% | 1.20% | $0 | $0 / $0 |
|
 ANZ Online Saver | No min balance and earn up to 6.00% p.a. until 30 June 2012. Online exclusive offer. Apply online by 29 February 2012. | 6.00% | 4.25% | 1.75% | $0 | $0 / $0 |
|
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