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Graduate account.

Studies all done and dusted? Our Graduate account is designed to help your transition to working full-time with no monthly account fees¹.

Open an account

What's included:

A fee-free transaction account

An Easy Access account with no annual fees or electronic transaction fees¹.

A fee-free debit card

Choose either a Debit Mastercard® or Airpoints™ Debit Mastercard² and you won't pay annual fees.

A fee-free savings account

With a Westpac Bonus Saver account, you'll get immediate access to your money, earn bonus interest and pay no monthly account maintenance fees¹. Note: You can set this up later in Westpac One® online banking.

Optional extras.

Insurance

Get Westpac Renters’ Contents Insurance and/or Vehicle Cover.

Student buying course books at bookstore

Overdraft

Apply for an interest free overdraft up to $2,000, with no establishment fee³.

Smart banking features.

Westpac One® online banking

Manage your accounts and cards on the go with Westpac One on your mobile, tablet or computer.

Discover Westpac One

Pay with your mobile

Whether you're paying with your phone or smart watch, we've got a solution for you.

Ways to pay

Track your spending

CashNav® is our free money management app that tracks and categorises your spending, along with a range of additional features.

Discover CashNav

Set up alerts and relax

Stay on top of what's happening with your money by setting up alerts on any Westpac account.

Set up alerts

Split your income

Automatically move your regular income into multiple accounts with Salary Splitter.

Set up Salary splitter

Block your card

Temporarily block and unblock your card if it's been misplaced using Westpac One online banking.

Block in Westpac One

Fees.

Fees type	Fee amount
Monthly account maintenance fee	Waived
Electronic transactions EFTPOS, Westpac ATM transfers/withdrawals, automatic payments, direct debit, direct credit, bill payments, funds transfers and phone banking payments.	Free
Manual transactions Westpac ATM deposits, deposits and withdrawals at a branch	Free
Airpoints Debit Mastercard annual account fee	Waived for life of Graduate Account (normally $15)
Debit Mastercard annual account fee	Waived for life of Graduate Account (normally $10)
Overdraft - establishment fee	Free
Overdraft	Interest free up to $2,000
Unarranged overdraft This will be charged if your account is overdrawn by $10 or more without an approved limit.	$4 per month
Phone banking	Free
Email alerts	Free
Text alerts that you receive	Free

Fees are subject to change. Service fees may still apply. For example for unarranged overdraft fees, if you become overdrawn without an arranged limit, the interest rate charged on the overdrawn amount is 19.95% p.a. (calculated on a daily basis). This includes a base interest rate of 13.95% p.a., plus a margin interest rate of 6% p.a. Westpac may change the base rate, replace it with a new base rate or change the margin from time to time. An unarranged overdraft fee of $4 per month will also be charged (see above).

How to apply.

Select an option and let’s begin.

I am a Westpac customer

I am new to Westpac

Things you should know.

¹ Service fees still apply, for example clearance fees. Refer to the Transaction and Service Fees brochure for details (also available free of charge from any Westpac branch).

² You must be a member of Air New Zealand's Airpoints^TMprogramme to be eligible to earn Airpoints Dollars^TM. Airpoints terms and conditions apply.

³ Lending criteria, terms and conditions apply. To apply for a Westpac overdraft, you must be over 18 years of age. If you are under 18, a parent or guardian will need to be a co-borrower.

Airpoints™ and Airpoints Dollars™ are registered trademarks of Air New Zealand Limited.

Mastercard® is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.