Provider
LiveWestpac
As of 18 September 2026, Westpac has 23 products across six of the 8 pillars BankMate tracks: 2 savings accounts, 9 credit cards, 7 home loans, 1 term deposit, 3 personal loans and 1 trading platform. Its highest-placed product is Westpac Life at 5.75% p.a., 3rd of 94 savings accounts. Its pricing last moved on 13 September 2026.
- Pillars
- 6 of 8
- No superannuation, crypto exchange
- Products tracked
- 23
- 2 savings accounts · 9 credit cards · 7 home loans
- Highest placed
- #3
- Westpac Life · of 94 savings accounts
- Last change
- 13 Sept 2026
- 7 changes on record
What changed
7 changes across 3 pillars since 1 Mar 2026- Share tradingWestpac Share Trading · cash interest — → 1.20%Re-read from the broker's pricing pages+1.20%
- Term depositsTerm Deposit · 10 terms cut 0.25 to 0.50mixed
- Term depositsTerm Deposit · 24-month 5.15 → 5.00−0.15
- Savings accounts2 accounts up 0.259 days after the RBA rise to 4.35%+0.25
- Westpac Life 5.50 → 5.75
- Bump Savings 4.80 → 5.05
- Term depositsTerm Deposit · 24-month 5.10 → 5.15The day of the RBA rise to 4.35%+0.05
- Term depositsTerm Deposit · 12-month 3.95 → 5.0037 days after the RBA rise to 4.10%+1.05
Show 1 earlier change
- Savings accounts2 accounts up 0.259 days after the RBA rise to 4.10%+0.25
- Westpac Life 5.25 → 5.50
- Bump Savings 4.55 → 4.80
Savings accounts · 2
Total rate, conditions met · ranked among 94 accounts$1 deposit a month · 20 card purchases · balance must grow · bonus up to $150k
5.75%#3 of 940.10% base + 5.65% bonus
- Debit card use
- 20+/month
- Monthly deposits
- $1/month
- Balance growth
- $1/month
- Balance range
- $0 - $150,000
- Age
- 18-40 years
$1 deposit a month · balance must grow · bonus up to $50k
5.05%#45 of 941.75% base + 3.30% bonus
- Monthly deposits
- $1/month
- Balance growth
- $1/month
- Balance range
- $0 - $50,000
- Age
- 14-17 years
Full savings accounts record for Westpac →
Total rate is base plus bonus, assuming every monthly condition is met. Full savings history for Westpac · Compare all savings accounts
Credit cards · 9
Ranked by bonus net of first-year fee · of 51 bonus cardsWestpac Extras · 3
$450 value
- Annual fee
- $84
- Monthly fee
- $7
- Additional cardholder
- Free
- Rewards program
- Westpac Extras
- Purchase rate
- 13.74% p.a.
- Cash advance rate
- 21.99% p.a.
- Complimentary travel insurance
- No
- Purchase protection
- No
Earn up to $450 cashback on your new credit card - Get rewarded when you spend $75 cashback for each month you spend $1k or more on eligible purchases in the first 6 months from card approval.
$240 value
- Annual fee
- $30
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Rewards program
- Westpac Extras
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Complimentary travel insurance
- No
- Purchase protection
- No
Earn $240 cashback on your new low fee credit card - Get $240 cashback when you spend $3.5k+ on eligible purchases in the first 90 days from card approval.
- Annual fee
- $108
- Monthly fee
- $9
- Additional cardholder
- Free
- Rewards program
- Westpac Extras
- Purchase rate
- 9.90% p.a.
- Interest-free days
- Up to 45
- Complimentary travel insurance
- No
- Purchase protection
- No
Qantas Frequent Flyer · 2
150,000 pts ≈ $1,200 · 90k in year 1
- Annual fee
- $370
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Rewards program
- Qantas Frequent Flyer
- Base earn rate
- 0.5 Qantas Frequent Flyer pts per $
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Airport lounges
- Domestic
- Complimentary travel insurance
- Yes
Get up to 150,000 bonus Qantas Points - 90,000 Qantas Points in year 1 if you spend $6k+ on eligible purchases within 90 days of new card approval and an extra 60,000 points with $6k+ spend on eligible purchases within 90 days of card anniversary in year 2.
100,000 pts ≈ $800 · 70k in year 1
- Annual fee
- $250
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Rewards program
- Qantas Frequent Flyer
- Base earn rate
- 0.35 Qantas Frequent Flyer pts per $
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Complimentary travel insurance
- Yes
- Purchase protection
- Yes
70,000 bonus Qantas Points in year 1 if you spend $4k+ on eligible purchases within 90 days of new card approval and an extra 30,000 points with $4k+ spend on eligible purchases within 90 days of card anniversary in year 2.Offer not available if you?ve held an Altitude Platinum or Altitude Black card with Altitude Rewards, Qantas or Velocity in the last 24 months.
Velocity Rewards · 2
150,000 pts ≈ $1,200 · 90k in year 1
- Annual fee
- $370
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Rewards program
- Velocity Rewards
- Base earn rate
- 0.5 Velocity Rewards pts per $
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Airport lounges
- Domestic
- Complimentary travel insurance
- Yes
Get up to 150,000 bonus Velocity Points - 90,000 Velocity Points in year 1 if you spend $6k+ on eligible purchases within 90 days of new card approval and an extra 60,000 points with $6k+ spend on eligible purchases within 90 days of card anniversary in year 2.
100,000 pts ≈ $800 · 70k in year 1
- Annual fee
- $250
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Rewards program
- Velocity Rewards
- Base earn rate
- 0.35 Velocity Rewards pts per $
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Complimentary travel insurance
- Yes
- Purchase protection
- Yes
Earn up to 100,000 bonus Velocity Points - 70,000 bonus Velocity Points in year 1 if you spend $4k+ on eligible purchases within 90 days of new card approval and an extra 30,000 points with $4k+ spend on eligible purchases?
Altitude Rewards · 2
1 Altitude Rewards pts per $ · $295 fee, $200 in year 1 · domestic lounges
$800#10 of 51200,000 pts ≈ $1,000 · 100k in year 1
- Annual fee
- $295
- First-year fee
- $200
- Additional cardholder
- Free
- Rewards program
- Altitude Rewards
- Base earn rate
- 1 Altitude Rewards pts per $
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Airport lounges
- Domestic
- Complimentary travel insurance
- Yes
100,000 Rewards Points in year 1 if you spend $12k+ on eligible purchases within 12 months of new card approval and an extra 100,000 points with $12k+ spend on eligible purchases in year 2.
100,000 pts ≈ $500 · 75k in year 1
- Annual fee
- $175
- First-year fee
- $99
- Additional cardholder
- Free
- Rewards program
- Altitude Rewards
- Base earn rate
- 1 Altitude Rewards pts per $
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Complimentary travel insurance
- Yes
- Purchase protection
- Yes
75,000 Rewards Points in year 1 if you spend $3k+ on eligible purchases within 90 days of new card approval and an extra 25,000 points after your first eligible purchase in year 2.
Full credit cards record for Westpac →
Points are valued at BankMate's cents-per-point assumptions. Net figures deduct the first-year fee only. Compare all credit cards · Card report
Home loans · 7
Headline variant: owner-occupier · P&I · ≤80% LVR · comparison rateVariable · 6
Variable · Interest Only · Investor · ≤70% LVR · offset account · redraw · no ongoing fee · 6 variants
6.09%#1 of 80comparison · 6.39% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $350
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
Variable · P&I · Owner-occupier · 70–80% LVR · offset account · redraw · no ongoing fee · 5 variants
6.10%#12 of 107comparison · 6.09% advertised
- Application fee
- None
- Ongoing fee
- None
- Discharge fee
- $350
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
Variable · P&I · Investor · redraw · 2 variants
8.83%#72 of 81advertised · no comparison rate published
- Application fee
- $600
- Ongoing fee
- $33 a month
- Discharge fee
- $350
- Package annual fee
- $395 a year
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
Variable · P&I · Owner-occupier · 70–80% LVR · offset account · redraw · 5 variants
8.97%#102 of 107comparison · 8.83% advertised
- Application fee
- $600
- Ongoing fee
- $33 a month
- Discharge fee
- $350
- Package annual fee
- $395 a year
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
Variable · P&I · Investor · redraw · 2 variants
9.38%#76 of 81advertised · no comparison rate published
- Application fee
- $600
- Ongoing fee
- $33 a month
- Discharge fee
- $350
- Package annual fee
- $395 a year
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
Show 1 more
Variable · P&I · Investor · ≤70% LVR · offset account · redraw · 6 variants
9.42%#77 of 81comparison · 9.28% advertised
- Application fee
- $600
- Ongoing fee
- $33 a month
- Discharge fee
- $350
- Package annual fee
- $395 a year
- Offset account
- Yes
- Redraw
- Yes
- Extra repayments
- Yes
Fixed · 1
5yr Fixed · P&I · Owner-occupier · ≤70% LVR · redraw · 55 variants
1y 8.73%2y 8.49%3y 8.36%4y 8.25%5y 8.12%8.02%#44 of 49comparison · 6.89% advertised
- Application fee
- $600
- Ongoing fee
- $33 a month
- Discharge fee
- $350
- Package annual fee
- $395 a year
- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
Full home loans record for Westpac →
Investor, interest-only and other LVR-band variants sit behind each product; ranks are within the variant's own cohort. Compare all home loans · Home loan report
Term deposits · 1
Best rate per product, by term · ranked within each terminterest at maturity or annually or monthly · from $0 · 13 terms
3 mo 3.40%6 mo 3.55%9 mo 3.70%1 yr 4.75%2 yr 5.00%3 yr 4.50%5.00%#65 of 3942 years
- 3 months
- 3.40% · #278 of 369
- 6 months
- 3.55% · #452 of 547
- 9 months
- 3.70% · #324 of 500
- 1 year
- 4.75% · #291 of 590
- 2 years
- 5.00% · #65 of 394
- 3 years
- 4.50% · #117 of 345
- Minimum deposit
- $0
- Interest paid
- At maturity or Annually or Monthly
- Early withdrawal
- Not allowed
Full term deposits record for Westpac →
Rank compares deposits within the same headline term, as the Term deposit report does. Compare all term deposits
Personal loans · 3
Comparison rate · ranked within unsecured or secured loansUnsecured · fixed · car loan · $250 application · $15/mo
7.16%#39 of 212comparison · from 5.74% advertised
- Advertised rate
- from 5.74% p.a.
- Comparison rate
- 7.16% p.a.
- Rate type
- Fixed
- Application fee
- $250
- Monthly fee
- $15
- Annual fee
- None
- Early repayment fee
- $175
- Loan amount
- $10,000 – $130,000
- Loan term
- 1 year to 7 years
Unsecured · fixed · any purpose · $250 application · $15/mo
8.69%#100 of 212comparison · from 7.29% advertised
- Advertised rate
- from 7.29% p.a.
- Comparison rate
- 8.69% p.a.
- Rate type
- Fixed
- Application fee
- $250
- Monthly fee
- $15
- Annual fee
- None
- Early repayment fee
- $175
- Loan amount
- $4,000 – $70,000
- Loan term
- 1 year to 7 years
Unsecured · variable · any purpose · $150 application · $12/mo
18.99%#210 of 212advertised · no comparison rate published
- Advertised rate
- from 18.99% p.a.
- Comparison rate
- Not published
- Rate type
- Variable
- Application fee
- $150
- Monthly fee
- $12
- Annual fee
- None
- Early repayment fee
- None
- Loan amount
- $4,000 – $50,000
- Extra repayments
- Yes
Full personal loans record for Westpac →
Lenders publish the lowest rate in their range; the rate offered depends on the applicant. Compare all personal loans · Personal loan report
Share trading · 1
Fee on one ASX trade, by size · rank of 20 at $5,000- Westpac Share Trading
ASX + 6 international markets · CHESS-sponsored · $500 minimum · research, conditional orders, margin lending · individual, joint, smsf, trust, company, kids / minor
to $1k $4.95$1k–$3k $9.95$3k–$10k $20$10k–$28k $30above $28k 0.11%$20#19 of 20$5,000 ASX trade
- US trade
- US$4.95 or 0.11% ($6.96 on $5,000)
- FX spread
- 0.65%
- Account fee
- None
- Inactivity fee
- None
- Live pricing
- Paid
- Cash interest
- 1.20% p.a.
- Settlement
- CHESS · your own HIN
- Products
- Shares, ETFs, Options, Warrants, Managed funds, IPOs
- Recurring buys · fractional shares
- Neither
- Sharesight · tax reporting
- Tax reporting
Full share trading record for Westpac →
Rank is among the 20 brokers BankMate tracks, on one $5,000 ASX trade, as the Brokerage report counts it. Compare all brokers
Westpac has no superannuation or crypto exchange that BankMate tracks. It is not part of a larger group on our register.
Notes on Westpac
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