TeleNet Saver

variable Intro rate
  • 4 month variable Intro rate when you open your first TeleNet Saver account
  • After 4 months, the standard variable rate applies (currently 1.50% p.a. )
  • Exclusive to customers holding a Bankwest transaction account
TeleNet Saver

Easy access to your money and high interest

If you’re looking for a high interest savings account with easy access to your savings, choose our TeleNet Saver. You don’t need to worry about a minimum balance or fees^ and you can access your savings anytime using phone or online banking.

Saving with us is easy

  • No monthly account maintenance fees^
  • No monthly deposit requirement
  • $5 million maximum investment limit for 4 months from account opening
  • $2 million daily transaction limit for withdrawals
  • Interest calculated daily and paid monthly
  • 24/7 access to your money via phone, online banking or our highly rated app

This account is designed to link to a Bankwest transaction account.

From 13 February 2017 , new accounts opened will receive eStatements via Bankwest Online Banking – a quick, secure and easy way of receiving your statements. Customers who opt to receive a paper statement from this date may be charged. Existing accounts will be progressively switched to eStatements from this date. Exemptions apply.

Our award winning Bankwest Easy Alerts help you keep on top of your everyday banking by providing updates on your personal transaction and saving accounts*. Find out more about Bankwest Easy Alerts.

I already have a Bankwest transaction account - I’m ready to apply!

existing online banking customers only

I don’t have a Bankwest transaction account

^ Fees may apply to linked account.

The CANSTAR Innovation Award was awarded on 11 April 2016 for the Bankwest Easy Alerts

* Limited alerts are also available for credit card transactions. You must have access to Bankwest mobile online banking, and download enable the Bankwest Easy Alerts app via the Bankwest App to receive the alerts. Terms of Use apply for Bankwest Easy Alerts. Bankwest Easy Alerts are currently supported on iOS7 and Android 4 devices and above. Bankwest Easy Alerts are not available on Windows phones and tablets.

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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.