Westpac: verified facts and rating
Licensed since: 1817 Checked 2026-10-30
Score breakdown
96% backed by facts · How we rank
Westpac against the market
The dot is the company, the line is the median of all companies in this ranking.
Retail lines offered (of 6)466 · median 5
Westpac strengths and weaknesses
Pros
- Wide range of products for private customers
- Long track record as a licensed bank
- Member of a deposit protection scheme
- Holds its own current rating from a recognised agency
Cons
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All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | 1817 | westpac.com.au | 2026-10-30 |
| Deposit protection | Yes | apra.gov.au | 2026-10-30 |
| Agency rating | Yes | westpac.com.au | 2026-10-30 |
| Annual reports online | Yes | westpac.com.au | 2026-10-30 |
| Mobile app | Yes | westpac.com.au | 2026-10-30 |
| Open an account online | Yes | westpac.com.au | 2026-10-30 |
| Instant payments | Yes | westpac.com.au | 2026-10-30 |
| 24/7 support | Not verified | — | |
| Retail lines offered (of 6) | 6 | westpac.com.au | 2026-10-30 |
| Tariffs online | Yes | westpac.com.au | 2026-10-30 |
| Deposit rates online | Yes | westpac.com.au | 2026-10-30 |
| Complaints procedure published | Yes | westpac.com.au | 2026-10-30 |
| Branches in the country | 621 | westpac.com.au | 2026-10-30 |