Make your super savings work harder for you

Win $10000 cash*Super is one of those things that we often put off and remind ourselves to sort out later. It piles up and we tend not to think about it being one of our biggest assets. Here are some really good reasons why we should think about it and start to sort it out:

  • Stop paying multiple fees and consolidate.
    This means more money where it belongs – in your super.
  • Save up to 46% on fees compared to average retail super funds1.
  • Direct all your super savings into one fund.
    See what a difference it can make, each time you log in to Westpac Online Banking.

How to enter for your chance to win $10,000 cash*

Between 24 July 2008 and 30 November 2008 all BT Super for Life customers have
five ways to automatically enter the draw:

  1. Roll over/consolidate funds from an existing superannuation fund into your BT Super for Life account using our convenient online rollover service2 available through Westpac Online Banking
  2. Contribute a minimum of $1,000 to your BT Super for Life account using Electronic Funds Transfer ('EFT').
    You can do this by topping up your super savings at the click of a button when you are logged in to Westpac Online Banking
  3. Contribute a minimum of $1,000 to your BT Super for Life account using BPAY®
  4. Transfer a minimum of 20,000 Altitude Card Reward points from a Westpac Altitude Card to your BT Super for Life account.
    It is not a requirement of the Competition that the Westpac Altitude Card is in the name of the account holder so you could contribute your points on behalf of your spouse or child.
  5. Instruct your employer to make regular future superannuation contributions into your BT Super for Life account.
    You can find the form you need when you log in to Westpac Online Banking, in the Superannuation section and printing and signing your Choice of fund form and handing it to your employer.

Multiple entries are permitted, so there has never been a better time to sort out your super.

For more details on the competition, please read the full terms and conditions of entry.

Not a member?

You can apply online for BT Super for Life by accessing Westpac's internet banking service, Westpac Online.

If you are already registered for Westpac Online (internet banking), click the button and start your online application. Your account can be set up in as little as 10 minutes - just remember to have your TFN at hand.

Apply Now

If you are a Westpac customer but you are not registered for Westpac Online (internet banking) or if you are not a Westpac customer at all, call us on 1300 653 553 for help with setting up your BT Super for Life account.

Questions or help

BT Customer Relations are always ready to assist you if you need it, you can contact them on 1300 653 553, available Monday to Friday between 8.00am and 6.30pm (Sydney time).

* Terms and Conditions apply. Competition starts 24 July 2008 and closes 30 November 2008. The prize is a $10,000 cheque. Entrants must: [1]hold the BT Super for Life Savings Account, BT Super for Life Transition to Retirement Account, or BT Super for Life Retirement Account in their sole name (“Account”); and [2] roll over funds from an existing superannuation account, or contribute a minimum $1,000 to the Account using Electronic Funds Transfer or BPAY®, or transfer a minimum 20,000 Altitude Card Reward points to the Account from a Westpac Altitude Card, or have regular future employer superannuation contributions made into the Account before the Competition closes. The Draw will be held on 15 December 2008 at 12.00pm EDST on level 12, 275 Kent Street Sydney NSW 2000. The winner will be selected by random selection from a computer database and will be notified by telephone and/or registered mail by 22 December 2008. The winner’s name will be published in The Australian newspaper on 22 December 2008. The winner and BT’s representative will work together to determine a Westpac branch for the Winner to collect the Prize and a time for collection. The winner must claim the prize by 12 April 2009. A copy of the full terms and conditions are available online. BT Financial Group Pty Limited ABN 38 087 480 331 275 Kent Street Sydney NSW 2000. Authorised under NSW Permit No. LTPS/08/07109, Vic Permit No. 08/3222 issued on 18 July 2008, ACT Permit No. TP 08/02928, SA Permit No. T08/2823.

1. Source: SuperRatings Pty Ltd. BT Super for Life fees are 46% lower than the average fees according to Product Disclosure Statements (PDS) on an account balance of $50,000 with an annual contribution of $5,000. This comparison is based on a default investment option or multi-manager balanced/growth investment option of each fund. The funds are representative of the retail personal super funds sector as at 19 September 2007. Fees are subject to change

2. BT offers an online Super Consolidation rollover tool; however you may be charged certain fees such as withdrawal or exit fees by the super fund(s) from which transfers are made. Consolidating your super will depend on your other super fund managers accepting your forms and having the information they need from you. Changing your superannuation provider may affect any insurance cover you may have with that superannuation provider. For example, it may be discontinued and you may not be able to obtain equivalent cover.

Important things you should know

BT Funds Management Limited ABN 63 002 916 458, AFSL No. 233724, RSE No. L0001090 is Trustee of BT Super for Life ABN 53 398 474 034, RSE No. R1071221. A Product Disclosure Statement is available for BT Super for Life and can be obtained by visiting www.btsuperforlife.com.au calling 1300 653 553 or visiting any Westpac branch. You should consider the Product Disclosure Statement (PDS) before deciding whether to acquire, continue to hold or dispose of interests in BT Super for Life.

An investment in BT Super for Life is not an investment in, deposit with or any other liability of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) or any other company in the Westpac Group. It is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. The Bank is not the issuer of BT Super for Life. Neither the Bank nor any other company in the Westpac Group stands behind or otherwise guarantees the capital value or investment performance of BT Super for Life.

This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. The information is current as at 22 October 2008.
© 2008 Westpac Banking Corporation ABN 33 007 457 141.