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Hero Saver (Earn an ongoing variable rate of 2.60% p.a. for balances up to $250,000 minimum deposit of $200 excludes interest monthly with no withdrawals)
Hero Saver (Earn an ongoing variable rate of 2.60% p.a. for balances up to $250,000 minimum deposit of $200 excludes interest monthly with no withdrawals)

Variable Interest Rates: All Balances (p.a.)

 Base RateMax Rate
< $1,000
0.01%
2.60%
$2,000+
0.01%
2.60%
$50,000+
0.01%
2.60%
$100,000+
0.01%
2.60%
$250,000+
0.01%
0.01%
$500,000+
0.01%
0.01%
Hide Rates For All Balances
All customers that deposit $200 per month (excludes interest) and make no withdrawals will earn 2.60% Variable “Hero Rate” on balances up to $250,000.
2.60% p.a. variable Hero rate on balances up to $250,000
Interest calculated daily and paid monthly
No monthly account fees
No transaction fees
Limit of one account per customer

No Account Keeping Fee

Internet Banking

Counter Service

Phone Banking

Atm

Required Linked Account

Account Details
Account Type
Online
Min. Opening Amount
$0
Min. Balance
$0
Monthly Account Fee
$0
Interest
All customers that deposit $200 per month (excludes interest) and make no withdrawals will earn 2.60% Variable “Hero Rate” on balances up to $250,000.
Interest Calculation Frequency
Daily
Interest Payment Frequency
Monthly
Interest Paid In Steps?
ATM & EFTPOS Fees
ATM Withdrawal Fee
 
ATM Balance Fee
 
Daily ATM Withdrawal Limit
 
EFTPOS Fee
 
Debit Card Replacement Fee
 
Fee Details
Service Fee Frequency
Fee Rebate Available
Balance Required for Fee-Free
$0
Interest is calculated daily and credited on the first business day of the new month. All customers that deposit $200 (excludes interest) or more per month and make no withdrawals will earn the 2.59% Variable “Hero Rate” on balances up to $250,000. The portion of balance over $250,000 but less than $5m will earn 0.01%. If the conditions are not met, interest will revert to the Variable Standard Rate in that month.
Online Savings Account Transactions
Cheque Deposit
Cheque Withdrawal
Direct Credit
Direct Debit
BPAY
Internet & Phone Fees
Phone Transaction Fee
$0
Internet Transaction Fee
$0
Free Electronic Trans. per Month
unlimited
Counter & Cheque Fees
Counter Deposit Fee
$0
Counter Withdrawal Fee
$0
Free Counter Trans. Per Month
n/a
Cheque Fee
$0
Cheque Dishonour Fee
$0
Debit Item Dishonour Fee
 
Overseas Access
Overseas ATM Facilities
-
Overseas ATM Balance Fee
$0
Overseas ATM Withdrawal Fee
$0
Overseas EFTPOS Fee
$0
OS Emergency Card Replacement
 
Foreign Transaction Fee
 
More from Bankwest
About Bankwest

Bankwest has always done things a little differently.
Their commitment has always been to listen to what customers say, and do things which makes customer experience a little easier.
Whether you’re using their everyday banking services, making an enquiry, investing your money, applying for a loan or running a business, Bankwest are committed to making the process as easy as possible.
The Bank’s point of difference is how it plays an important role in the community; with more than 100 years of history in Western Australia, as well as a strong national brand presence across the country.
Bankwest’s continual growth is showcased in its award-winning and consumer focused products, recently being recognised by Money Magazines’ ‘Money Minder of the Year’ - the seventh time out of the past eight years, including 2014 for their great range of savings and transaction accounts.

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