Bankwest Easy Saver
The Easy Saver Account is our flexible savings account that lets you earn credit interest on a tiered basis on all balances in the account with no minimum monthly deposit (you can also move your money in and out of your account without affecting your interest rate). Credit interest is calculated at the applicable rate on that portion of the balance which falls within each of the tiers.
- Base rate
- 5%
- Intro rate
- 5.75%
- conditions apply
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable Variable Credit Interest. | 2.1% | Amount $250,001–$1,000,000.99 | monthly |
| Variable Variable Credit Interest. | 2.1% | Amount $1,000,001–$5,000,000.99 | monthly |
| Variable Variable Credit Interest. | 2.1% | Amount $5,000,001+ | monthly |
| Variable Variable Credit Interest. | 5% | Amount $0–$250,000.99 | monthly |
| Bonus Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. | 2.1% | Amount $250,001–$1,000,000.99 | monthly |
| Bonus Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. |
Fees
| Fee | Type | Amount |
|---|---|---|
| Maintenance Fee Charged monthly · No monthly maintenance fees apply to this product. | Ongoing | $0.00 |
| Search Handling Fee For completion of any search conducted by the Bank (per search) | Event | $40.00 |
Features
- You can bank over the phone.
- Digital banking
- Bank on the go with the Bankwest App. Use Bankwest Online Banking (BOB) to access your money and manage your everyday banking subject to conditions of use. Limits may apply.
- Create a goal, set up regular deposits and track your progress in the app.
- Transferring funds in and out can only be made by via your linked Bankwest Easy Transaction Account with the exception of deposits via international money transfers and/or via the Real-Time Gross Settlement payment system.
- Notifications — Alerts
- Set up Alerts through the Bankwest App to get notified about important account activity.
Eligibility
- Minimum age — 16 yearsThe account is available to personal customers only, aged 16 years or older.
- Individuals onlyThe account is available to personal customers only.
- You don't have an existing Easy Saver Account already.
- You need an Easy Transaction Account (you can open one at the same time).
- You're the only account holder (no joint account holders).
- Residency status — Australian citizen or Australian permanent residentCustomer must have a residential address in Australia (limited exceptions may apply subject to conditions)
Constraints
- Maximum limit — $2,000,000.00Withdrawals via a linked Easy Transaction Account. Maximum Daily Limit $2,000,000.
- Opening balance — $0.00No minimum deposit required to open the account.
More Information
Published by Bankwest under the Consumer Data Right · Last updated 16 July 2026 · Product ID d10438974ab8417bab388149da5053bb · View on CDR.gov.au · View Source Data (JSON)