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Savings & Term Deposits

Choose from our wide range of high interest savings accounts
and competitive term deposits.

how can we help?

earn high interest

Keen to earn high interest?

Enjoy a high interest rate on your choice of award winning savings accounts or term deposits.
guarantee your returns

Guarantee Your Returns

3.40% p.a. for 4 months
(interest paid at maturity)

Apply online today for the Online Term Deposit or visit a store to apply for the Gold Term Deposit.

a regular savings plan

A regular savings plan

Whether you're saving for a holiday, your dream home, or just a rainy day, we have a savings account to suit all your needs.
manage my money online

Manage your money online

Enjoy 24/7 access to your money via Bankwest Online Banking and our mobile app.
savings calculators
tangible
6
1269938955385
1269938955380
1292498854596
Hero Saver
1269938955385
1269938955380
1269940571935
1269940572037
1269940572068
1269940572073
1269940572078
1269938955368
1292498854596
TeleNet Saver
1269938955385
1269938955380
1269940571935
1269940572037
1269940572068
1269940572073
1269940572078
1269938955368
1292498854596
Smart eSaver
1269942998465
1269938955375
1269940571935
1269940572078
1269938955385
Online Term Deposit
1269942998455
1269942998470
1269938955375
1269940571935
1269940572078
Gold Term Deposit
1269938955390
1269940571935
1269940572068
1269940572073
1269940572078
1269938955368
1269938955385
1269938955380
Kids' Bonus Saver
Reaching your savings goal just got easier
Easy Access Online Savings Account
Savings Incentive Account
Guarantee Your Returns
In Store Term Deposit
My First Savings Plan
 
interest rate
4.00 % p.a.

variable rate on balances up to $250,000 each month you deposit at least $200 (excludes interest) and make no withdrawals

3.75 % p.a.

variable Intro rate for 4 months (for new TeleNet customers only)

3.55 % p.a.

variable rate each month you make no withdrawal (on balances up to $500,000)

3.40 % p.a.

for 4 months
(interest paid at maturity)

3.40 % p.a.

for 4 months
(interest paid at maturity)

5.75 % p.a.

variable rate each month you deposit from $25 to $250 (excludes interest) and make no withdrawals

 
invest from...

$1 to $5,000,000

$1 to $5,000,000

$1 to $5,000,000

$1,000 to $5,000,000

$5,000 to $2,000,000

$25 to $250 per month

 
other applicable rates

0.01% p.a. variable Standard rate applies each month you make a withdrawal and/or deposit less than $200


0.01% p.a. variable Standard rate applies on balances over $250,000

after 4 months the standard variable rate applies (currently 2.50% p.a. )

3.00% p.a. variable Smart rate on balances above $500,000


0.01% p.a. variable Standard rate applies each month a withdrawal is made

0.01% p.a. variable Standard rate applies each month you make a withdrawal and/or deposit less than $25

 
fees

no monthly account fees
no transaction fees

no monthly account fees^
no transaction fees

no monthly account fees^
no transaction fees

no monthly account fees^
no transaction fees

no monthly account fees
no transaction fees

no monthly account fees
no transaction fees

 
24/7 phone, online and mobile banking
Available
Available
Available

limited services only

limited services only

Available
 
good to know

this account is limited to one per customer

must be linked to an everyday bank account you hold at any Australian financial institution

must be linked to an everyday bank account you hold at any Australian financial institution


this account is limited to one per customer

must be linked to an everyday bank account you hold at any Australian financial institution

apply in store only

apply in store only


must be linked to a Bankwest Children's Savings Account where the balance will be moved to after each anniversary

 
 
learn more
learn more
learn more
learn more
 
view more features & rates
 

^ Fees may apply to linked account

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