Westpac Choice Account Review

Learn about the Westpac Choice Account in this review to help you decide whether this is the card for you.

  • Free overseas withdrawal at any Global Alliance Partner ATM
  • Debit Mastercard
  • Use cardless cash (available on iPhone, Android, and Windows)
  • Ability to pay to mobile

Pros and cons of using the Westpac Choice Account

  • Easy to use: Cardless cash and pay to mobile functions
  • Westpac Fraud Moneyback Guarantee
  • Pay no ATM withdrawal fee at Global Alliance ATMs
  • Open in less than 3 minutes
  • Poor exchange rates and high fees for overseas transactions
  • $5 monthly fee
  • Foreign Transaction Fee applies

Benefits of the Westpac Choice Account


  • Fingerprint login
  • Westpac Fraud Moneyback guarantee
  • Card on hold function


  • Cardless cash
  • Ability to pay to mobile


  • Pay no ATM withdrawal fee at over 50,000 ATMs globally
  • Pay no ATM withdrawal fee at over 3000 Westpac ATMs in Australia

Manage Your Money

  • Quick balance function
  • Award winning mobile banking for security and ease

Fees of the Westpac Choice Account

All prices are in AUD

Account OverdrawnForeign TransactionCash Advance Fee

Monthly Service Dishonour of cheques or Direct Debits Periodical payment not made
$5* $9 $9
  • 3% of the AUD transaction amount (outside Australia)
  • 2.2% of the AUD transaction amount (in Australia)
  • $5** (Overseas ATM & Branch Cash Withdrawal)
2% (when ‘credit' is selected)


*Fees waived for:
1. Customers that deposit at least $2,000 each month (other fees apply)
2. Customer under the age of 21 or a full-time tertiary students
3. Australian Pensioner Concession or Health Care Card holders
4. New to Australia or expatriate customers (for the first 12 months).

**Free withdrawal for any Global Alliance Partner ATM

Case Study

Amy is from the UK and has moved to Australia to work as an Au Pair in Melbourne. Having never been to Australia before, she had no idea about who the best bank was to set up an account with.

When she visited a Westpac branch, she enquired about setting up Debit Card account. She was told that, as she planned to both work and travel, that the Westpac Choice Account was her best option.

She discovered that she would not be charged for ATM withdrawals unlike other banks when she withdrew from a Westpac branch, or over 50,000 ATMs overseas. She also loved the idea of having an award-winning mobile banking app where she could control and budget her AUD funds easily, all at the touch of her fingerprint.

As she was also new to Australia, she did not have to pay a monthly fee. Bonus!

Online Tools

Save time and let our online tools crunch the numbers for you.

Currency converter

Burning to know what the exchange rate is? Check today’s exchange rate on any amount.

View tool ⟶

Travel money comparison tool

Heading overseas? Find the best rates for exchanging currency online or find a store near you.

View tool ⟶

Knowledge centre

Learn the ins and outs of currency

View tool ⟶

Money transfer comparison tool

Finding the best deal can be nightmare. We bring together all your options by highlighting the fees and rates.

View tool ⟶

Ileana Ionescu
Content manager
With a background in business journalism, Ileana is an experienced content manager, creating content for Exiap that helps its audience make informed decisions about their finances.
Read more
Last updated
November 13th, 2018