Hero Saver

variable Hero rate on balances up to $250,000
  • earn the variable Hero rate each month you deposit at least $200 (excludes interest) and make no withdrawals
  • no account maintenance or transaction fees
  • easy access to your money via online & phone banking


Balance from… Hero rate Standard rate
$0 up to $250,000
2.65 % p.a.
0.01 % p.a.
$250,000 up to $5,000,000 -
0.01 % p.a.

The above rates are variable and 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.


Description Fee
Paper Statement Fee – effective 13 February 2017 $1.25 per statement (avoid this fee with eStatements)

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

Limit of one account per customer. If you deposit less than $200 (excluding interest) and/or make a withdrawal in a month you will earn a standard variable interest rate, currently 0.01% p.a. for that month. That portion of the balance over $250,000 and up to $5 million will earn a standard variable interest rate, currently 0.01% p.a.

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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.