1 live product
Virgin Money
Best available rate
4.00%p.a.
Boost Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.05%
Bonus
3.95%
Conditions
Bonus rules apply
Finding the best rates…
Savings Accounts Comparison
Bank One
Virgin Money
Best available
Up to 4.00% p.a.
Line-up
1 live product
VS
Virgin Money vs Westpac
Compare Virgin Money and Westpac savings accounts side by side. In March 2026, Virgin Money offers 1 account with rates up to 4.00% p.a., while Westpac has 4 accounts reaching 5.25% p.a. Westpac currently leads by 1.25%.
VS
4 live products
Westpac
Best available rate
5.25%p.a.
Westpac Life (Under 35)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
5.15%
Conditions
Bonus rules apply
Live edge
Westpac leads on headline savings rate by 1.25% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
1.25% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Virgin Money | Westpac |
|---|---|---|
| Max rate | 4.00% | 5.25% |
| Base rate | 0.05% | 0.10% |
| Bonus rate | 3.95% | 5.15% |
| Has conditions | Yes | Yes |
All Virgin Money Products
Every tracked savings accounts option from Virgin Money.
All Westpac Products
Every tracked savings accounts option from Westpac.
In March 2026, Virgin Money's Boost Saver offers up to 4.00% p.a. (0.05% base + 3.95% bonus), while Westpac's Westpac Life (Under 35) reaches 5.25% p.a. (0.10% base + 5.15% bonus). Westpac currently leads by 1.25% p.a.
Westpac's rate applies on balances up to $30,000.
Virgin Money has 1 savings product and Westpac has 4, giving you a range of options to compare.
Quick Comparison
| Feature | Virgin Money | Westpac |
|---|---|---|
| Max Rate | 4.00% | 5.25% |
| Base Rate | 0.05% | 0.10% |
| Bonus Rate | 3.95% | 5.15% |
| Conditions Required | Yes |
Common Questions
Virgin Money vs Westpac FAQs
Which bank has the better savings rate, Virgin Money or Westpac?
Westpac currently offers the higher rate at 5.25% p.a., compared to 4.00% p.a. Rates are sourced from live data and change frequently.
What is Virgin Money's best savings account rate in 2026?
Virgin Money's best savings rate is 4.00% p.a. on the Boost Saver, consisting of a 0.05% base rate and 3.95% bonus rate. This rate requires meeting monthly bonus conditions.
What is Westpac's best savings account rate in 2026?
Westpac's best savings rate is 5.25% p.a. on the Westpac Life (Under 35), consisting of a 0.10% base rate and 5.15% bonus rate. This rate requires meeting monthly bonus conditions.
Do Virgin Money and Westpac savings accounts have conditions?
Both Virgin Money and Westpac require meeting monthly conditions to earn their full bonus rates.