Bankwest
Bankwest

Hero Saver (Earn the variable Hero Rate of 0.45% p.a. for balances up to $250,000.99 each month you deposit at least $200, excluding interest, and make no withdrawals).

Amount Base Rate Max Rate
< $1000 0.01% 0.45%
$1000+ 0.01% 0.45%
$2000+ 0.01% 0.45%
$5000+ 0.01% 0.45%
$10000+ 0.01% 0.45%
$20000+ 0.01% 0.45%
$50000+ 0.01% 0.45%
$100000+ 0.01% 0.45%
$250000+ 0.10% 0.10%
$500000+ 0.10% 0.10%

All customers that deposit $200 per month (excludes interest) and make no withdrawals will earn 0.45% p.a. Variable “Hero Rate” on balances up to $250,000.99.

  • 0.45% p.a. variable Hero rate on balances up to $250,000.99
  • Interest calculated daily and paid monthly
  • No monthly account fees
  • No transaction fees
  • Limit of one account per customer

Key Features
No Account
Keeping Fee
Internet
Banking
Counter
Service
Phone
Banking
ATM
Required
Linked Account

Account Details

Account Type Savings
Min. Opening Amount $0.00
Min. Balance $0.00
Monthly Account Fee $0.00
Interest
All customers that deposit $200 per month (excludes interest) and make no withdrawals will earn 0.45% p.a. Variable “Hero Rate” on balances up to $250,000.99.
Interest Calculation Frequency Daily
Interest Payment Frequency Monthly
Interest Paid In Steps?

ATM & EFTPOS Fees

ATM Withdrawal Fee -
ATM Balance 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 $0.00

T&Cs

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 0.45% p.a. Variable “Hero Rate” on balances up to $250,000.99. The portion of balance over $250,000.99 but less than $5m will earn 0.10% p.a.. If the conditions are not met, interest will revert to the Variable Standard Rate in that month. One Bankwest Hero Saver account per customer. Rates are variable and subject to change (including while you hold the account)

Internet & Phone Fees

Phone Transaction Fee $0.00
Internet Transaction Fee $0.00
Free Electronic Trans. per Month unlimited

Counter & Cheque Fees

Counter Deposit Fee $0.00
Counter Withdrawal Fee $0.00
Free Counter Trans. Per Month n/a
Cheque Fee $0.00
Cheque Dishonour Fee $0.00
Debit Item Dishonour Fee -

Overseas Access

Overseas ATM Facilities
Overseas ATM Balance Fee $0.00
Overseas ATM Withdrawal Fee $0.00
Overseas EFTPOS Fee $0.00
OS Emergency Card Replacement -
Overdrawn Account Fee -
Foreign Transaction Fee