Hero Transaction Account

Earn 1.50% p.a. variable interest

on balances up to $5,000


  • free and unlimited access to Australia’s largest bank ATM network
  • no monthly account maintenance fees when you deposit at least $2,000 per month (e.g. salary)
Hero Transaction Account


Credit interest paid on this account is variable and is calculated daily and paid monthly.

Hero Transaction Account Interest rate
$0 up to $5,000
1.50 % p.a.
$5,001 or more
0.00 % p.a.

Interest is calculated at the applicable rate on the portion of the balance which falls within each tier.


Description Fee
Monthly account maintenance

$0 monthly maintenance fees when you deposit at least $2,000 per month (e.g. salary)

Electronic withdrawals $0
Cheque withdrawals $0
Counter withdrawals $0
Foreign exchange fee 2.95% of the transaction amount
Overseas ATM access fee $5.00 per transaction
Paper Statement Fee – effective 13 February 2017 $1.25 per statement (avoid this fee with eStatements)

Other Service Fees

There are also costs for things you might ask us to do occasionally that are outside your account’s normal terms and conditions. We charge a service fee for some of these items - so it’s on a user pays basis.

Other fees which may be incurred are listed in the Hero Transaction Account Product Schedule and the Your Guide to Banking Fees (PDF) brochure.

existing online banking customers only

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Bankwest SWIFT code: BKWAAU6P | Find your BSB by logging into Online Banking.

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