BankWest Kids' Bonus Saver Account
Getting Started

If you're the parent or legal guardian of a cashed up kid in the making, the easiest way to open a BankWest Kids' Bonus Saver is to visit your nearest BankWest store. Our staff will help you to open an account straight away.

If you or your child don't currently have existing BankWest accounts, we'll also need you to provide some identification documents.

Alternatively, you can take your account application to your nearest Bank@Post Australia Post outlet. To find out which application forms you need to complete, please answer the two questions below:

Question 1
Do you already have a BankWest account (not including a BankWest TeleNet or sharetrading account)?
Yes No
Question 2
Does your child already have a BankWest Children's Savings Account?
(You need one of these to open a BankWest Kids' Bonus Saver account.)
Yes No
Application Steps
Since your child already has a BankWest Children's Savings Account, all you need to do now is apply for a Kids' Bonus Saver account by following the steps below. Remember, you only need to complete these steps if you're not able to visit a BankWest branch.

1) Read the following document

2) Print and complete the following form

3) Place the completed application form into an envelope and address it to:

BankWest New Accounts Team
Reply Paid 2072
PERTH WA 6846

4) Take the envelope and your identification documents (if required) into your nearest Bank@Post Australia Post outlet.

Australia Post will process the identification documents (and any opening deposit), and forward to BankWest to open the account/s. Depending on where you are, and how long it takes us to get the documents, the account(s) may take up to 15 days to open.

If you have any questions about the application process, please call us on 13 17 18.

Application Steps
To apply for a Kids' Bonus Saver, you'll also need to open a BankWest Children's Savings Account. To make this easy you can do it all on the one application form! Follow the steps below. Remember, you only need to complete these steps if you're not able to visit a BankWest store.

1) Read the following documents

2) Print and complete the following forms

3) Place the completed application form into an envelope and address it to:

BankWest New Accounts Team
Reply Paid 2072
PERTH WA 6846

4) Take the envelope and your identification documents (if required) into your nearest Bank@Post Australia Post outlet.

Australia Post will process the identification documents (and any opening deposit), and forward to BankWest to open the account/s. Depending on where you are, and how long it takes us to get the documents, the account(s) may take up to 15 days to open.

If you have any questions about the application process, please call us on 13 17 18.

Application Steps
To apply for a Kids' Bonus Saver, you'll also need to open a BankWest Children's Savings Account. To make this easy you can do it all on the one application form! Follow the steps below. Remember, you only need to complete these steps if you're not able to visit a BankWest store.

1) Read the following documents

2) Print and complete the following forms

3) Place the completed application form into an envelope and address it to:

BankWest New Accounts Team
Reply Paid 2072
PERTH WA 6846

4) Take the envelope and your identification documents (if required) into your nearest Bank@Post Australia Post outlet.

Australia Post will process the identification documents (and any opening deposit), and forward to BankWest to open the account/s. Depending on where you are, and how long it takes us to get the documents, the account(s) may take up to 15 days to open.

If you have any questions about the application process, please call us on 13 17 18.

This product is issued by Bank of Western Australia Ltd ABN 22 050 494 454 AFSL 236872, a member of the HBOS Australia group. Any advice given is of a general nature, and is not based on any consideration of your financial situation or needs. You should consider the Product Disclosure Statement and whether the product is right for you. Rate confirmed by Infochoice at 17 July 2008. Bonus interest rate is paid monthly and applies when no withdrawals are made and a deposit of at least $25 (but no more than $250) is made in that month. Standard rate of 0.01% p.a. applies. Rates disclosed are subject to change. Only one Kids' Bonus Saver Account per child. Maximum allowable deposit of $250 per month. Terms and conditions apply.

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