Savings account

Westpac Notice Saver 31, 60 & 90 days — Westpac

Current savings rate from Westpac. Compare the ongoing rate, bonus conditions, and eligibility in one place.

Westpac Notice Saver 31, 60 & 90 days

View on bank website ↗ 18+

5.15% p.a.

ongoing rate

Rate breakdown

Base rate: 5.15%

How to earn it

No conditions

Rate current since 21 Oct 2026.

What to know

This page focuses on the ongoing rate: 5.15% p.a.

This account is effectively a no-hoops saver: it has no monthly conditions.

Eligibility: minimum age 18.

About Westpac

Westpac is one of Australia's four major banks and offers two retail savings accounts: the Westpac Life and the Westpac eSaver. The Life account pays a competitive rate when monthly conditions are met; the eSaver offers an introductory rate for new savings balances.

The Westpac Life earns its bonus rate when you make at least one deposit and ensure your balance at month end is higher than it was at month start. There is no minimum deposit amount, no minimum balance, and no balance cap. A separate Spend&Save top-up rate is also available for customers aged 18–34 who make 20 or more settled debit card purchases each month on a linked Westpac Choice account — this additional rate applies on balances up to $30,000.

The balance growth condition means you cannot simply park a lump sum — your balance must end higher than it started each month, even by a single dollar. Any withdrawal that causes your month-end balance to fall below your month-start balance forfeits the bonus rate.

The Westpac Life suits savers who consistently add to their balance and can link a Westpac Choice account. The Spend&Save top-up makes it particularly competitive for customers aged 18–34 with regular card spending.

The Westpac eSaver offers an introductory bonus rate for the first five months on new savings balances, on top of the standard base rate. There are no conditions to earn either rate. After the introductory period, only the base rate applies. It suits savers who want a simple parking account for a defined period.

Both accounts are covered by the Financial Claims Scheme up to $250,000 per account holder per ADI.

Compare more accounts

No-conditions accounts

Earn the full rate without monthly hoops

Accounts above 5%

Every account currently paying 5.00% p.a. or more

Large balance accounts

Accounts with bonus rate caps above $100k

The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.

Westpac Notice Saver 31, 60 & 90 days — Westpac