Westpac eSaver High Interest Savings Account
Posted August 31st, 2009 and last modified December 30th, 2011
Got virtual cash? Open an online account by applying for Westpac's eSaver High Interest Account, where you can earn a high interest for your savings.
Access your money instantly online and earn a high rate of interest with a new Westpac eSaver Account
The Westpac eSaver is ideal for those looking to earn a competitive return whilst having the convenience to instantly access funds, through automated Telephone and Internet Banking, 24 hours a day, 7 days a week.
Features and benefits of the Westpac eSaver account:
- High interest calculated daily on the full balance and paid monthly
- No monthly service fee
- Unlimited and fee free access to funds via Internet or Automated Telephone Banking to a linked transaction or savings account
- No minimum balance, transfers or fixed investment terms
- Optional paperless estatements
Note: To operate the Westpac eSaver account, you must hold a Westpac transaction or savings account in the same name(s) as your Westpac eSaver account.
Westpac’s Handy eSaver Review
If you always wanted an easy-to-use savings account that gives you a decent rate of interest, then the Westpac Handy eSaver could be the thing you’ve been looking for. With a cool 4.30% interest p.a. this handy eSaver account allows you freedom and flexibility.
Who can open a Westpac Handy eSaver account?If you are an Australian resident, 12 years or older you are eligible to open one of these accounts. It is possible to open a eSaver account from overseas by following the information on this web page.
It is important to note that if you want to open a Westpac Handy eSaver account for someone else you will have to visit your local Westpac branch to do so.
You will also need to have an existing Westpac bank account. This account will be the one you transfer your funds from into the new eSaver account. If you are not an existing customer of Westpac bank, don’t worry. You can open up both accounts at the same time to take advantage of this handy savings account.
How to open an eSaver account:
Opening an account is easy. Visit the Westpac website and use the secure online form and complete your application in as little as 10 minutes.
eSaver features:
This online savings account offers customers some really good features. Besides getting a decent return on your savings you can access your money instantly whenever you need to as long as you have access to Internet banking or visit a branch. (Conditions apply).
- Benefit from a high introductory offer interest rate.
- No minimum balance needed.
After your application:
If you apply online you’ll receive an email shortly after submitting your details. The final confirmation will be sent to you by email 24-48 hours after the account has been opened. You’ll also receive a welcome pack by mail.
- To start earning interest you need to transfer some money at your earliest convenience.
- If you are an existing Westpac customer you will need to apply as everyone else.
- To help identify new customers they must visit a branch first to be able to benefit from a Westpac eSaver account.
Image source: westpac.com.au
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