On our 200th anniversary, every Australian child born in 2017 is eligible for $200.

$200 for your child, in a Westpac Bump Savings account.

To celebrate our 200th anniversary, if your parents open a Westpac Bump Savings account in your name, we’ll deposit $200 into it – which you can withdraw when you’re 161. In an effort to help ensure the next generation enjoys the same quality of life we do, our Bump Savings account's a good start. Because you may not be with us yet, but we’re proud supporters of you from day one.

The Bump Savings account is available to open from 8 April 2017, so express your interest now.

Express interest

$200 deposit

For eligible children1, we’ll kick start their savings with a $200 deposit.

Learn to save

Help teach your children the value of saving from day one.

Optional contributions

Pocket money, birthday gifts from relatives and money for chores. It all adds up.

No Monthly Account Fee

Zero Monthly Service Fee, other fees may apply.

Express your interest now and be one of the first to open Westpac's new Bump Savings account on 8 April 2017.

Express interest

$200 is just the beginning.

By building on an initial $200 deposit at birth with a $20 contribution every week, you'll potentially save approximately $19,000 by the time they turn 161.

For example:

$200 starting point
+
You put away
$20 each week
=
Cake icon
$19,000 at 1.5%p.a. interest* on their 16th birthday

Is your Bump eligible?

We’ll be unveiling our Bump Savings account on 8 April 2017, our 200th anniversary. It comes with a $200 deposit for eligible children, which they can withdraw when they’re 161.

To receive the $200 deposit into their Bump Savings account, your child must:

  • Be born in 2017.
  • Have a permanent Australian residential address.
  • Have the Bump Savings account opened in their name by a parent or legal guardian, with their ID verified by 31 May 2018.

If your child isn’t eligible for the $200 deposit, they can still open the Bump Savings account once it’s available. Come back here in April to view the account terms, conditions and eligibility criteria.

Express interest

Setting up your child's Bump Savings account.

If you're expecting your baby to arrive in 2017, in three easy steps you can express your interest before or after your Bump arrives.

Step 1 image

Step 1:
Express your interest to stay in the loop

Fill in the quick form for your reminder email.

Step 2 image

Step 2:
Open your child's Bump Savings account

Near 8 April 2017 we'll send you a reminder, just follow the prompts.

Step 3 image

Step 3:
Confirm your child's ID

Confirm your baby’s identity by 31st May 2018.

Express interest

Because we think $200 is a great start

In an effort to help ensure the next generation enjoys the same quality of life we do, $200 in savings is a good start – towards a car, their education or a deposit on their first home.