Bankwest Hero Transaction Account

It’s hard to believe, but some banks pay as little as 0.01% p.a. on everyday transaction accounts and charge fees. At Bankwest, we’re all about making banking a happier experience so we offer no monthly fees* plus a high interest rate, giving you the best of both worlds.

Simply deposit at least $2000 (e.g. your salary) each month and you’ll earn 2.50% interest p.a. with no maintenance fees and unlimited free electronic transactions.

The Bankwest Hero Transaction Account gives you immediate access to everyday funds with a high interest rate that usually only applies to term deposits or saving accounts.

  • 2.50%p.a. on all balances up to $5000.
  • Deposit a minimum of $2000 per month (e.g. salary).
  • No maintenance or transaction fees*.
  • All the usual features you'd expect from an everyday account including MasterCard Debit Card access, a cheque book and online/phone banking.
  • Unlimited transactions.
*Other bank and overseas ATM access fees and foreign transaction fees may apply.

# Important things you should know: This product is issued by Bank of Western Australia Ltd ABN 22 050 494 454 AFSL 236872. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. You should consider the Product Disclosure Statement (which you agree to be provided through this link) and whether the product is right for you. Rates are subject to change. Fees and charges apply. Account holders must be 18 years or older and must satisfy Bankwest's lending criteria. No interest is paid on balances over $5,000.

You agree to be provided the Financial Services Guide by accessing the following link - Financial Services Guide.