Student Account

Drive your dollars further


  • $0 ATM fees at over 4,000 Bankwest and CommBank ATMs, Australia’s largest bank ATM network#
  • No monthly account maintenance fees
  • Shop online with your Debit MasterCard®*
Student Account

Rates

Credit interest paid on this account is variable.

Student Account Interest rate
$0 to $4,999.99 0.01% p.a.
$5,000 to $19,999.99 0.01% p.a.
$20,000 to $49,999.99 0.01% p.a.
$50,000 and over 0.05% p.a.

Fees

Description Fee
Monthly account maintenance fee $0
Electronic withdrawal** $0
Counter withdrawal $5.00 per transaction
Foreign transaction 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 Student Account Product Schedule and the Your Guide to Banking Fees (PDF) brochure.


For existing online banking customers only


1 Bankwest Student Competition: This competition commences at 12am WST on 1 February 2017 and closes at 11.59pm WST on 31 May 2017. Accounts must be opened by 17 May and transactions completed by 31 May. The promoter of the competition is Bankwest, authorised under NSW Permit LTPS/17/10723. The competition is only open to residents of NSW, VIC, WA, SA or QLD. There are two Samsung Galaxy S7 edge devices to be won valued at $1,249. Winners will be drawn on 19 June at 12pm WST (“Draw Date”) and winners details will be announced online at Bankwest.com.au on 30 June 2017. See full terms and conditions.

Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.

# Based on data sourced from 2015 ADI Points of Presence publication released by APRA (which includes Bankwest & CommBank ATMs) and inclusion of Bankwest branded ATMs at 7-Eleven Stores.

* Debit MasterCard is only available to Australian Citizens, Temporary or Permanent Residents aged 16 years or over with an Australian residential address.

** Fees and charges including other bank ATM fees, overseas ATM access fees and foreign transaction fees may apply.

Important things you should know:
The Bankwest Student Account is for full time secondary, tertiary and TAFE students, apprentices and trainees. Joint accounts are not available on the Student Account. The Bankwest Student Edge Debit Card and Debit MasterCards are only available in conjunction with the Bankwest Student Account.

MasterCard is a registered trademark, and the circles design is a trademark of MasterCard International Incorporated.

Android Pay™ with Bankwest

Download the Android Pay App to start paying with your Android device

Download the Android Pay App to start paying with your Android device.

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

© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.