BankWest online account a hit

BankWest has reported a big consumer response to the launch of its online savings accounts which offer 6 per cent in the first year, at-call or in term deposit. Launched in the eastern states over the last three weeks, BankWest said it received 95,000 website hits and received more than 11,000 phone calls in that time, and that brand recognition was up by 700 per cent in NSW. The bank said the response was now “300 per cent ahead of expectations.”