Home News Westpac expands fee-free ATM access to 7,000 locations nationwide

Westpac expands fee-free ATM footprint to 7,000, Australia's largest network

The big-four bank has announced an agreement with Armaguard providing its customers with fee-free access to ATM withdrawals and balance enquiries.

By Jacob Cocciolone

on 17 Apr 2023

Fact Checked

Westpac expands fee-free ATM footprint to 7,000, Australia's largest network

This change will be rolled out to more than 1,700 Armaguard 'atmx' cash points in the coming weeks, including more than 500 regional, rural and remote locations.

Westpac personal and business transaction customers as well subsidiaries including St.George, BankSA and Bank of Melbourne are all eligible to receive fee-free access.

Westpac Chief Executive Consumer and Business Banking Chris de Bruin noted the new partnership builds on Westpac’s strategy to offer customers more ways to do their banking.

“While the way Australians are banking is changing, access to cash remains important for some consumers,” Mr de Bruin said.

“Through our agreement with Armaguard, we’re providing a significant increase in the number of locations where our customers can withdraw cash fee free and check their balances to help them stay in control of their spending, including in locations where we do not have a physical presence.”

Westpac’s agreement with Armaguard sees the bank now offer the largest combined fleet of fee-free ATMs across Australia’s four major banks at 7,000 locations nationwide.

This comes as RBA March data revealed Aussies continue to withdraw higher denomination banknotes as a precaution or store of wealth, as well as macroeconomic factors.

While ATM withdrawal numbers are generally at historic lows, the average value of withdrawals has risen sharply since Covid, as seen in the graph below.

Where can Westpac customers make fee-free cash withdrawals and balance enquiries?

Westpac Group personal and business transaction account customers can make fee free cash withdrawals and balance enquiries in Australia at the following ATM locations:

On-site Westpac, St.George, BankSA and Bank of Melbourne bank ATMs.
atmx branded ATMs.
Precinct branded ATMs.
Any CBA, NAB or ANZ ATM.

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Need somewhere to store cash and earn interest? The table below features savings accounts with some of the highest interest rates on the market.

Deposit amount

Compare

Provider	Base interest rate	Max interest rate	Total interest earned	Introductory Term	Minimum Amount	Maximum Amount	Account Keeping Fees	Min. Monthly Deposit	Min. Opening Deposit	Linked account required	ATM Access	EFTPOS Facility	as ofAugust 21, 2024

	4.40^%_p.a.	Intro rate for 4 monthsthen 4.40% p.a. 5.75^%_p.a.	^$980	4	^$0	^$250,000	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED	High Interest Savings Account (< $250k) Bonus rate for the first 4 months from account opening No account keeping fees No minimum balance
FEATURED High Interest Savings Account (< $250k) Bonus rate for the first 4 months from account opening No account keeping fees No minimum balance More details
	Bonus rate of 5.00%Conditions apply. 0.55^%_p.a.	5.55^%_p.a.	^$1,139		^$0	^$100,000	0	2000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	HomeME Savings Account ($0 - $100,000)
HomeME Savings Account ($0 - $100,000) More details
	Bonus rate of 5.40%Conditions apply. 0.10^%_p.a.	5.50^%_p.a.	^$1,128		^$1	^$25,000	0	200	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Growth Saver ($1 - $25k)
Growth Saver ($1 - $25k) More details
	Bonus rate of 5.45%Conditions apply. 0.05^%_p.a.	5.50^%_p.a.	^$1,128		^$0	^$50,000	0	1000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
For customers aged 14-35 years	Future Saver Account ( < $50k)
For customers aged 14-35 years Future Saver Account ( < $50k) More details
	Bonus rate of 4.95%Conditions apply. 0.55^%_p.a.	5.50^%_p.a.	^$1,128		^$0	^$100,000	0	1000	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Savings Maximiser (<$100k) Deposit at least $1,000+ each month from an external source Make 5 or more eligible transactions Grow your savings balance each month
Savings Maximiser (<$100k) Deposit at least $1,000+ each month from an external source Make 5 or more eligible transactions Grow your savings balance each month More details
	4.75^%_p.a.	Intro rate for 4 monthsthen 4.75% p.a. 5.35^%_p.a.	^$1,001	4	^$0	^$249,999	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED	Savings Account (Amounts < $250k) A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking No withdrawal notice periods or interest rate penalties Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace
FEATURED Savings Account (Amounts < $250k) A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking No withdrawal notice periods or interest rate penalties Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace More details
	Bonus rate of 4.85%Conditions apply. 0.50^%_p.a.	5.35^%_p.a.	^$1,097		^$1	^$50,000	0	500	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Goal Saver
Goal Saver More details
	–	5.50^%_p.a.	^$1,128		^$0	^$100,000	0	0	0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
FEATURED*Rate varies on savings amount	Save Account (<$100,000) Deposit $500 per month to get bonus interest 5.50% p.a. available on total savings up to $100k. 5.00% p.a. applies to savings between $100k-250K. Tiered bonus rates apply. (TMDs at ubank.com.au)
FEATURED*Rate varies on savings amount Save Account (<$100,000) Deposit $500 per month to get bonus interest 5.50% p.a. available on total savings up to $100k. 5.00% p.a. applies to savings between $100k-250K. Tiered bonus rates apply. (TMDs at ubank.com.au) More details

Savings Account (Amounts < $250k)

Product Features

A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking
No withdrawal notice periods or interest rate penalties
Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace

Total interest earned$1,001

4.75 % Base interest rate

5.35 % Max interest rate

Intro rate for

then

4.75%

More details

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Image by Linfox via Armaguard

Jacob Cocciolone

Jacob Cocciolone joined the Savings team in 2021 as a Finance Journalist. Driven by a passion for keeping Australians up to date with the latest financial news and trends, his areas of interest include financial technology, investing, property and motoring.

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Westpac expands fee-free ATM footprint to 7,000, Australia's largest network

Where can Westpac customers make fee-free cash withdrawals and balance enquiries?

High Interest Savings Account (< $250k)

High Interest Savings Account (< $250k)

HomeME Savings Account ($0 - $100,000)

HomeME Savings Account ($0 - $100,000)

Growth Saver ($1 - $25k)

Growth Saver ($1 - $25k)

Future Saver Account ( < $50k)

Future Saver Account ( < $50k)

Savings Maximiser (<$100k)

Savings Maximiser (<$100k)

Savings Account (Amounts < $250k)

Savings Account (Amounts < $250k)

Goal Saver

Goal Saver

Save Account (<$100,000)

Save Account (<$100,000)

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Westpac expands fee-free ATM footprint to 7,000, Australia's largest network

Where can Westpac customers make fee-free cash withdrawals and balance enquiries?

High Interest Savings Account (< $250k)

High Interest Savings Account (< $250k)

HomeME Savings Account ($0 - $100,000)

HomeME Savings Account ($0 - $100,000)

Growth Saver ($1 - $25k)

Growth Saver ($1 - $25k)

Future Saver Account ( < $50k)

Future Saver Account ( < $50k)

Savings Maximiser (<$100k)

Savings Maximiser (<$100k)

Savings Account (Amounts < $250k)

Savings Account (Amounts < $250k)

Goal Saver

Goal Saver

Save Account (<$100,000)

Save Account (<$100,000)

Jacob Cocciolone

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Advertiser Disclosure

Product Coverage and Sort Order

Comparison Rate Warning and Base Criteria

Monthly Repayment Figures

Related Brands

General Advice Disclosure