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Savings and investment rates

Our savings account rates

Easy Saver (on balances up to $250,000.99)
Rate type Variable rate
Variable introductory rate for the first four months 1 The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years. Variable introductory rate and term are set out in the welcome letter. At the end of the introductory rate term, the account reverts to the Easy Saver variable rate. T&Cs subject to change.
5.10% p.a.
Variable rate
4.00% p.a.
Easy Saver (on balances up to $250,000.99)
Rate type
Variable rate
Variable introductory rate for the first four months 1 The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years. Variable introductory rate and term are set out in the welcome letter. At the end of the introductory rate term, the account reverts to the Easy Saver variable rate. T&Cs subject to change.
5.10% p.a.
Variable rate
4.00% p.a.

Rates are subject to change (including while you hold the account). Interest is calculated daily on your account balance up to $250,000.99 and paid into your account on the first business day of the following month.
Learn more about this product

Hero Saver (on balances up to $250,000.99)
Name Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate 2
3.60% p.a.
Variable Hero rate ? The variable Hero rate is calculated by combining the variable standard rate and Bonus rate. 2
4.60% p.a.
Hero Saver (on balances up to $250,000.99)
Name
Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate 2
3.60% p.a.
Variable Hero rate ? The variable Hero rate is calculated by combining the variable standard rate and Bonus rate. 2
4.60% p.a.
Hero Saver (on balances from $250,001 to $5,000,000.99)
Name Rate
Standard variable rate
1.00% p.a.
Hero Saver (on balances from $250,001 to $5,000,000.99)
Name
Rate
Standard variable rate
1.00% p.a.

Rates are subject to change (including while you hold the account). The above rates are calculated daily and paid on the first business day of the following month. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
Learn more about this product

Bankwest Smart eSaver (on balances up to $500,000.99)
Name Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate 2
1.45% p.a.
Variable Smart rate ? The variable Smart rate is calculated by combining the variable standard rate and Bonus rate. 2
2.45% p.a.
Bankwest Smart eSaver (on balances up to $500,000.99)
Name
Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate 2
1.45% p.a.
Variable Smart rate ? The variable Smart rate is calculated by combining the variable standard rate and Bonus rate. 2
2.45% p.a.
Bankwest Smart eSaver (on balances from $500,001 to $5,000,000.99)
Name Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate 2
0.75% p.a.
Variable Smart rate ? The variable Smart rate is calculated by combining the variable standard rate and Bonus rate. 2
1.75% p.a.
Bankwest Smart eSaver (on balances from $500,001 to $5,000,000.99)
Name
Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate 2
0.75% p.a.
Variable Smart rate ? The variable Smart rate is calculated by combining the variable standard rate and Bonus rate. 2
1.75% p.a.

Rates are subject to change (including while you hold the account). The above rates are calculated daily and paid on the first business day of the following month. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
Learn more about this product

Rates are subject to change.

For more information about choosing the right account for you, please refer to The Smarter Banking Booklet (PDF) – produced by the Australian Bankers' Association.

Our term deposit rates

Bankwest Term Deposit
Term Maturity/Annually Half-yearly Quarterly Monthly
1 month
2.00% p.a.
not applicable
-
not applicable
-
not applicable
-
2 months
2.00% p.a.
not applicable
-
not applicable
-
not applicable
-
3 months
3.75% p.a.
not applicable
-
not applicable
-
not applicable
-
4 months
3.00% p.a.
not applicable
-
not applicable
-
not applicable
-
5 months
3.00% p.a.
not applicable
-
not applicable
-
not applicable
-
6 months
4.25% p.a.
not applicable
-
not applicable
-
not applicable
-
7 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
8 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
9 months
4.80% p.a.
not applicable
-
not applicable
-
not applicable
-
10 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
11 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
12 months
4.75% p.a.
4.69% p.a.
4.67% p.a.
4.65% p.a.
24 months
4.40% p.a.
4.35% p.a.
4.33% p.a.
4.31% p.a.
36 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
48 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
60 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
Bankwest Term Deposit
Term
Maturity/Annually
Half-yearly
Quarterly
Monthly
1 month
2.00% p.a.
not applicable -
not applicable -
not applicable -
2 months
2.00% p.a.
not applicable -
not applicable -
not applicable -
3 months
3.75% p.a.
not applicable -
not applicable -
not applicable -
4 months
3.00% p.a.
not applicable -
not applicable -
not applicable -
5 months
3.00% p.a.
not applicable -
not applicable -
not applicable -
6 months
4.25% p.a.
not applicable -
not applicable -
not applicable -
7 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
8 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
9 months
4.80% p.a.
not applicable -
not applicable -
not applicable -
10 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
11 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
12 months
4.75% p.a.
4.69% p.a.
4.67% p.a.
4.65% p.a.
24 months
4.40% p.a.
4.35% p.a.
4.33% p.a.
4.31% p.a.
36 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
48 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
60 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.

Rates displayed are current and were last updated on 21 December 2023.
Interest rates on offer may vary at any time without notice.
Rates apply for investment amounts from $1,000 to $10,000,000.
Learn more about this product

Gold Term Deposit
Term Maturity/Annually Half-yearly Quarterly Monthly
1 month
2.00% p.a.
not applicable
-
not applicable
-
not applicable
-
2 months
2.00% p.a.
not applicable
-
not applicable
-
not applicable
-
3 months
3.75% p.a.
not applicable
-
not applicable
-
not applicable
-
4 months
3.00% p.a.
not applicable
-
not applicable
-
not applicable
-
5 months
3.00% p.a.
not applicable
-
not applicable
-
not applicable
-
6 months
4.25% p.a.
not applicable
-
not applicable
-
not applicable
-
7 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
8 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
9 months
4.80% p.a.
not applicable
-
not applicable
-
not applicable
-
10 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
11 months
4.00% p.a.
not applicable
-
not applicable
-
not applicable
-
12 months
4.75% p.a.
4.69% p.a.
4.67% p.a.
4.65% p.a.
24 months
4.40% p.a.
4.35% p.a.
4.33% p.a.
4.31% p.a.
36 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
48 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
60 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
Gold Term Deposit
Term
Maturity/Annually
Half-yearly
Quarterly
Monthly
1 month
2.00% p.a.
not applicable -
not applicable -
not applicable -
2 months
2.00% p.a.
not applicable -
not applicable -
not applicable -
3 months
3.75% p.a.
not applicable -
not applicable -
not applicable -
4 months
3.00% p.a.
not applicable -
not applicable -
not applicable -
5 months
3.00% p.a.
not applicable -
not applicable -
not applicable -
6 months
4.25% p.a.
not applicable -
not applicable -
not applicable -
7 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
8 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
9 months
4.80% p.a.
not applicable -
not applicable -
not applicable -
10 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
11 months
4.00% p.a.
not applicable -
not applicable -
not applicable -
12 months
4.75% p.a.
4.69% p.a.
4.67% p.a.
4.65% p.a.
24 months
4.40% p.a.
4.35% p.a.
4.33% p.a.
4.31% p.a.
36 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
48 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.
60 months
4.00% p.a.
3.96% p.a.
3.94% p.a.
3.93% p.a.

Rates displayed are current and were last updated on 21 December 2023.
Interest rates on offer may vary at any time without notice.
Rates apply for investment amounts from $5,000 to $2,000,000.
Learn more about this product

For more information about choosing the right account for you, please refer to The Smarter Banking Booklet (PDF) – produced by the Australian Bankers' Association.

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Foreign exchange rates

See exchange rates

Rates for business products

See business rates

  1. The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years. Variable introductory rate and term are set out in the welcome letter. At the end of the introductory rate term, the account reverts to the Easy Saver variable rate. T&Cs subject to change.
  2. This rate applies when bonus conditions are met, view product page for more details.