At a glance

Key features

No account fee

With a WebSaver account, you won’t pay any account fees, so you can focus on growing your savings without worrying about extra costs (service fees may apply).

Account interest

Earn interest on balances over $0, calculated daily, paid monthly. 

Access to your money

Use online banking and the TSB mobile app to transfer money in and out of our WebSaver account at any time.

Linked to your Connect Plus account

Our WebSaver account is for personal use only. To open one, you'll also need to have a Connect Plus account - then you can easily move money between the two whenever you need.

Award-winning everyday banking

We’re proud to be named Canstar’s Bank of the Year – Everyday Banking for 2026.  

This award recognises the financial institution offering the strongest combination of products, price, features and customer satisfaction across everyday banking, including transaction accounts, savings accounts and credit cards.

Getting started

Already with us?

To open a new WebSaver account, log in to online banking and select 'Apply' on the left-hand menu. Alternatively, give us a call on 0800 872 226.

Log in to online banking

Getting started

New to TSB?

We'll open a Connect Plus everyday account and get you set up with online banking. You'll then be able to open a WebSaver account in online banking.

Open an account

Depositor Compensation Scheme

The Depositor Compensation Scheme (DCS) came into effect on 1 July 2025, providing additional protection for your deposits if a deposit taker goes out of business. Learn more about how it works and what it means for you here.

Important information
  • You can't use this account to make EFTPOS or ATM transactions or payments to or from third parties. 
  • TSB’s account opening criteria apply. Service fees may apply. Interest rates and fees are subject to change. See more about our account and service fees. 
  • When you bank with TSB you agree to our General Terms.