TeleNet Saver

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4.55%p.a.
special intro rate (variable)
  • 6 month variable intro rate for new Telenet Saver customers only
  • after 6 months the standard variable rate applies (currently 3.00% p.a. )
  • no minimum monthly deposit
TeleNet Saver

As TeleNet Saver is an online savings account, you’ll need to have a linked account to withdraw cash. Here are some of our best options available:

Zero Transaction Account

If you link your TeleNet Saver to a Zero Transaction Account, you’ll be able to transfer your money in real time. This means you can use your savings however you like, whenever you want.

You don’t have to fork out a single cent for maintenance or transaction fees, or ATM access at Bankwest or any of the big four banks. We can even include a cheque book and Debit MasterCard for zip, zilch, zero.

To keep your Zero account running smoothly, you just need to deposit a minimum of $2,000 per month (your salary ought to do it) into your account.

Hero Transaction Account

Linking your TeleNet Saver Account to our Hero Transaction Account could be a smart idea.

This fearless everyday account delivers a knockout triple whammy: a mighty variable interest rate of  3.25% p.a. on your everyday balances up to $5,000, no monthly account fees plus unlimited free withdrawals. Whether you’re a saver or a shopper, our super Hero Transaction Account is on your side.

All that Hero asks in return is that you deposit a minimum of $2,000 per month (your salary ought to do it) to keep your account running smoothly.

Happy Banking: An initiative from Bankwest