Split your savings into different goals Saving for more than one thing? With our handy Savings Goals feature 2 you can bucket your savings into up to 6 different goals with just the one account. Give your savings an easy boost Earn up to 5.00% p.a. variable interest, including a 2.00% p.a. standard variable base rate on all your savings plus 3.00% p.a. variable bonus rate each month you grow.. 5.00% p.a. if bonus interest criteria are met. Standard variable rate. 2.00% p.a. Bonus variable rate. 3.00% p.a. Bonus interest is payable each month that you: Make a deposit to the account, Ensure your account balance is higher at the end of the month than the beginning, and. Keep your account balance above $0 at all times.

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The Westpac Life savings account has a variable base interest rate of 2% p.a. and a bonus interest rate of 3% p.a., meaning that your balance can earn a maximum rate of 5% p.a.. Westpac Life Savings Account. This is Westpac's bonus savings account product, well-known for offering a market-leading interest rate of 5.2% p.a. for customers under 30. This bonus rate is.