Savings account
Westpac eSaver
Current savings rate from Westpac. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.
1.25% p.a.
ongoing rate
Rate breakdown
Base rate: 1.25%
How to earn it
No conditions
Introductory rate
4.80%
for 5 months
Then reverts to 1.25% ongoing rate.
Rate current since 15 May 2026.
What to know
This page focuses on the ongoing rate: 1.25% p.a. That is the rate after any honeymoon period ends.
This account is effectively a no-hoops saver: there are no bonus conditions recorded for the current rate.
Eligibility: minimum age 14 .