Make your money work as hard as you do!
Got surplus cash or managing your own superfund? Bankwest's Business TeleNet Saver offers 3.65% per annum. Account holders also benefit from no fees, no minimum balance, no tiered interest rates and no fixed term. You work hard. Isn't it time your money did the same?
Product Features
Fed up with fees and complicated clauses? Then Bankwest‘s Business TeleNet Saver is the deposit account you’ve been waiting for. Here’s why:
- No account or transaction fees, no fixed term, no minimum balance
- Easy online account opening & 24/7 funds access via online banking
- Interest paid on entire balance (no tiered interest rates)
- Available to all businesses (not just existing Bankwest customers)
Online account opening: fast, simple, secure
Your TeleNet Saver account, complete with 24/7 access to your funds via online banking, can be up and running in just a few steps. All you need is:
- Your business tax file number (if one is held)
- Your business ABN (if one is held)
- Details of the account to be linked to your BTS
Government Guaranteed
The first $1 million deposit per customer will be guaranteed at no charge by the Government until 2011. Customers with over $1 million can choose to have their deposits guaranteed under the Government's Large Deposit Guarantee Scheme. For more details please see the
Government Guaranteed section on our website.
Supersize your Superfund
A Bankwest deposit account is a great place to grow your self-managed superfund. Why? Because as well as being high our interest rates are fixed, securing both your money and your future. Our history as one of Australia’s most secure banks guarantees your peace of mind too. Set up an account on your own, with your family or via your accountant today.
Gearing your business for growth
Whatever you’re into – from retail to property, from strata management to hospitality – a Bankwest Deposit account can help your business grow. That’s because our rates of return are high. But it’s also because we’ve made our accounts easy to open and even easier to operate. So you can spend less time managing your money and more time making it.
Treat your Trust Fund to free upgrade
Bankwest Deposit accounts are growing ever more popular with businesses and financial professionals arranging/operating trust funds. This might be because we don’t charge banking fees. Or because our interest rates are fixed and among the highest around. Our oh-so-easy account opening process probably helps too. Follow the smart money and place your trust in Bankwest today.
Our Credit Rating
Only 19 banks in the world have a AA credit rating from Standard & Poor's. Following our recent upgrade to AA/A-1 Bankwest is proud to be one of them.
- Standard and Poor's Long-term Senior Debt AA
- Short-term Debt A-1+
- Moody's Investors Services Long-term Senior Debt Aa1
- Short-term Debt P-1