The Finance Algorithm
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Westpac Choice for concession holders

An everyday bank account with debit card and no monthly fees. For customers who hold a Concession or Health Care card, receive benefit payments, or low or no income earners.

Savings & transaction accountsBank updated 28 Oct 2026
Product page ↗Fees and pricing ↗Terms ↗

At a glance

Base rate
0.00%
Monthly fee
$0
Westpac Debit Mastercard

Rates

Every rate Westpac publishes for this account, 2 in all.

TypeApplies toTermBandRateComparisonConditions
Penalty---0.00%-The ULR is a debit interest rate charged to a transaction account if it becomes overdrawn without arrangement. It will be calculated daily on the debit balance (and deducted on the last business day…
Variable---0.00%-paid every 1 mo; Westpac Choice Concession Standard Variable Rate

Fees

17 fees published, grouped by when they're charged.

While you hold it1

  • Account Keeping Fee
    No fee

When you make a transaction13

  • Direct Debit

    A transfer of funds from your account drawn under a Direct Debit request you gave another person or company.

    No fee
  • PayTo payment

    A transfer of funds from your account in accordance with a Payment Agreement you have established with a merchant or Payment Initiator.

    No fee
  • Periodical Payments

    An automated transfer that is debited from your account and credited to a specified account on a regular basis on your request. Additional fees apply for Periodical Payments made by Bank Cheque and I…

    No fee
  • Point of Sale (POS) transactions

    All transactions conducted at a POS terminal.

    No fee
  • Foreign Transaction Fee (Australian merchant)

    2.2% of the $AUD transaction amount where a transaction is made in foreign currency and the merchant or financial institution accepting the card is located in Australia (comprising of 2% Westpac Proc…

    2.20% of transaction
  • Foreign Transaction Fee (Merchant Outside Australia)

    3% of the $AUD transaction amount where a transaction is made in foreign currency and the merchant or financial institution accepting the card is located outside Australia (comprising of 2% Westpac P…

    3.00% of transaction
  • Branch staff assisted withdrawal

    Includes any withdrawals conducted at a Westpac branch, including cashing of Westpac cheques.

    No fee
  • Cheque Withdrawals

    Withdrawals or payments made by cheque. Excludes cashing of a cheque. Only available to customers aged 18 years and over.

    No fee
  • Overseas Withdrawal

    Overseas Withdrawal Fee from a Global Alliance Partner ATM (for more information on Global Alliance Partners: Accessing your accounts overseas)

    No fee
  • Overseas Withdrawal

    Any successful cash withdrawal made at an overseas ATM. Some overseas banks may also apply a surcharge to cash withdrawals from their ATMs. This should be drawn to your attention before you proceed w…

    $5
  • Telephone Banking (automated)

    Automated Telephone Banking transfer withdrawals

    No fee
  • Telephone Banking (staff assisted)

    A Telephone Banking transfer withdrawal assisted by a staff member over the telephone

    No fee
  • Westpac Group Branded ATM - Withdrawal

    Any withdrawal made at a Westpac/St.George/Bank of Melbourne/BankSA branded ATM

    No fee

When particular things happen3

  • Online Banking
    No fee
  • Overdrawn Fee
    No fee
  • Westpac Group Branded ATM - Balance Inquiry

    Any balance Inquiry made at a Westpac/St.George/Bank of Melbourne/BankSA branded ATM

    No fee

Features

Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactionsRelationship manager1 additional cardFitbit PayGarmin PayGoogle PaySamsung PayApple Pay
  • Account-keeping fee (usually $5) is waived
  • No cash withdrawal fees from Westpac and select partner ATMs
  • Instant Digital Card - Use your digital card right away, before your physical Debit Mastercard arrives. Add your debit card to your mobile wallet or use it in the Westpac App.
  • Instant payments - Get PayID payments instantly with just your mobile number. You can also tap and go using your mobile or your Debit Mastercard.
  • Exclusive offers - Check out our customer-only discounts and offers, including bonus Cashback on over 4,000 brands with ShopBack.
  • Weekly Spend Limit will allow customers to set a limit on their accumulative weekly spend on their Debit Mastercard.
  • $0 international transfers when you send foreign currency overseas via Online Banking or the Westpac App. Westpac transfer fees still apply for funds sent in Australian dollars. Receiving bank fees m…
  • Click to Pay - Online shopping made quick, simple and secure with Click to Pay.
  • Account can be opened via Online, mobile, in branch and telephone.
  • No minimum opening balance for this account
  • Statements: 6 monthly, or more frequently on request.
  • You can pay bills using BPAY

Eligibility and limits

  • Minimum age 14
  • Residency: Those with an Australian residential address and who are currently in Australia.
  • The card must be linked to an eligible Westpac account
  • Those holding a valid Concession or Health Care card, receive an Australian Government benefit payment or be a low or no income earner.

Published by Westpac under the Consumer Data Right, last changed by them on 28 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.