| Product name | Our rate | Comparison rate |
|---|---|---|
| More MasterCard |
4.99
%
p.a.
balance transfers for 1 year
|
N/A |
| Online Home Loan |
6.29
%
p.a.
|
6.29
%
p.a.
|
| Balance | Rate |
|---|---|
| $0 up to $5,000 | 4.50% p.a. |
| $5,001 or more | nil |
| Balance | Rate |
|---|---|
| All balances | Not applicable |
| Balance | Rate |
|---|---|
| All balances | 0.01% p.a. |
| Balance | Rate |
|---|---|
| $0 up to $44,600 | 3.00% p.a. |
| $44,601 or more | 4.50% p.a. |
Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
| Balance | Rate |
|---|---|
| $0 to less than $5,000 | 0.01% p.a. |
| $5,000 to less than $20,000 | 0.01% p.a. |
| $20,000 to less than $50,000 | 0.20% p.a. |
| $50,000 or more | 0.30% p.a. |
| Balance | Rate |
|---|---|
| $0 to less than $5,000 | 1.00% p.a. |
| $5,000 to less than $10,000 | 2.00% p.a. |
| $10,000 or more | 4.50% p.a. |
Interest is calculated monthly (but credited annually) at the applicable rate above on the lowest balance of the account during the month.
| Balance | Rate |
|---|---|
| All balances | Not applicable |
| Balance | Rate |
|---|---|
| All balances | Not applicable |
| Term | Monthly | Quarterly | Half Yearly | Maturity/Annually |
|---|---|---|---|---|
| 1 months | - | - | - | 2.00% p.a. |
| 2 months | - | - | - | 5.70% p.a. |
| 3 months | - | - | - | 5.65% p.a. |
| 4 months | - | - | - | 4.25% p.a. |
| 5 months | - | - | - | 5.60% p.a. |
| 6 months | - | - | - | 5.30% p.a. |
| 7 months | - | - | - | 4.25% p.a. |
| 8 months | - | - | - | 4.25% p.a. |
| 9 months | - | - | - | 4.25% p.a. |
| 10 months | - | - | - | 4.25% p.a. |
| 11 months | - | - | - | 4.25% p.a. |
| 12 months | 4.94% p.a. | 4.96% p.a. | 4.99% p.a. | 5.05% p.a. |
| 24 months | 4.94% p.a. | 4.96% p.a. | 4.99% p.a. | 5.05% p.a. |
| 36 months | 5.03% p.a. | 5.05% p.a. | 5.09% p.a. | 5.15% p.a. |
| 48 months | 5.27% p.a. | 5.29% p.a. | 5.33% p.a. | 5.40% p.a. |
| 60 months | 5.41% p.a. | 5.44% p.a. | 5.48% p.a. | 5.55% p.a. |
For deposits which have a term of less than 12 months, interest is paid on maturity. For deposits which have a term of 12 months or greater, you may ask us to pay your interest monthly, quarterly, six monthly or annually. Interest must be paid at least once a year and cannot be paid only at maturity for terms greater than 12 months.
| Term | Monthly^ | Quarterly^ | Half Yearly^ | Maturity/Annually^ |
|---|---|---|---|---|
| 1 month | - | - | - | 2.00% p.a. |
| 2 months | - | - | - | 5.70% p.a. |
| 3 months | - | - | - | 5.65% p.a. |
| 4 months | - | - | - | 4.25% p.a. |
| 5 months | - | - | - | 5.60% p.a. |
| 6 months | - | - | - | 5.30% p.a. |
| 7 months | - | - | - | 4.25% p.a. |
| 8 months | - | - | - | 4.25% p.a. |
| 9 months | - | - | - | 4.25% p.a. |
| 10 months | - | - | - | 4.25% p.a. |
| 11 months | - | - | - | 4.25% p.a. |
| 12 months | 4.94% p.a. | 4.96% p.a. | 4.99% p.a. | 5.05% p.a. |
| 24 months | 4.94% p.a. | 4.96% p.a. | 4.99% p.a. | 5.05% p.a. |
| 36 months | 5.03% p.a. | 5.05% p.a. | 5.09% p.a. | 5.15% p.a. |
| 48 months | 5.27% p.a. | 5.29% p.a. | 5.33% p.a. | 5.40% p.a. |
| 60 months | 5.41% p.a. | 5.44% p.a. | 5.48% p.a. | 5.55% p.a. |
Rates apply for investment amounts from $5,000 to $2,000,000.
Interest rates are % per annum.
^For deposits which have a term of less than 12 months, interest is paid on maturity. For deposits which have a term of 12 months or greater, you may ask us to pay your interest monthly, quarterly, six monthly or annually (interest must be paid at least once a year and cannot be paid only at maturity).
For amounts over $2,000,000 please contact us on 13 17 18 for a quote.
| Term | Monthly | Quarterly | Half Yearly | Maturity/Annually |
|---|---|---|---|---|
| 1-31 days | - | - | - | 1.25% p.a. |
| Rate type | Rate |
|---|---|
| Bonus Interest | 10.00% p.a. * |
| Standard Interest | 0.01% p.a. |
* Conditions Apply
| Rate type | Rate |
|---|---|
| Smart Rate | 5.50% p.a. (variable) |
| Standard Rate | 4.00% p.a. (variable) |
| Rate type | Rate |
|---|---|
| Special Introductory Rate | 5.80% p.a. (variable) |
| Standard Rate | 4.75% p.a. (variable) |
| Rate type | Rate |
|---|---|
| Bonus Interest | 6.50% p.a. * |
* Conditions Apply
| Rate type | Rate |
|---|---|
| All balances | 0.75% p.a. |
| Rate type | Rate |
|---|---|
| $0 up to $9,999 | 0.00% p.a. |
| $10,000 or more | 4.50% p.a. |
| Home Loan | Rate | Comparison Rate## |
|---|---|---|
| Online Home Loan | 6.29% p.a. | 6.29% p.a. |
| Super Start Home Loan | 6.40% p.a. | 6.93% p.a. |
| Rate Cutter Home Loan | 6.80% p.a. | 6.54% p.a. |
| Mortgage Shredder Variable Intro Home Loan | 6.20% p.a. | 7.15% p.a. |
| Premium Home Loan | 6.60% p.a. | 6.65% p.a. |
|
Premium Select Home Loan
(Various rate tiers apply) |
6.35% p.a. | 6.40% p.a. |
|
Mortgage Shredder Home Loan
(This is our standard variable rate) |
7.20% p.a. | 7.26% p.a. |
| Fixed Rate Home Loan - 1 Year | 6.19% p.a. | 7.27% p.a. |
| Fixed Rate Home Loan - 2 Year | 6.19% p.a. | 7.17% p.a. |
| Fixed Rate Home Loan - 3 Year | 6.29% p.a. | 7.11% p.a. |
| Fixed Rate Home Loan - 4 Year | 6.49% p.a. | 7.11% p.a. |
| Fixed Rate Home Loan - 5 Year | 6.99% p.a. | 7.29% p.a. |
| Low Doc Home Loan | 6.70% p.a. | 6.76% p.a. |
| Lite Home Loan | 7.08% p.a. | 7.09% p.a. |
| Lite Plus Home Loan ($250,000 - $1 million) | 6.98% p.a. | 6.98% p.a. |
| Lite Plus Home Loan (>$1 million) | 6.93% p.a. | 6.93% p.a. |
| Equity Access Home Loan | 7.18% p.a. | N/A |
| Seniors Equity Release | 8.05% p.a. | 8.09% p.a. |
Ready to find a home? Book an appointment with a Home Loan Specialist and get pre-approval.
Specific home loans within the home loan product categories identified may vary. Rates are subject to change and Fees and Charges are payable. Lending Criteria apply and terms and conditions are available on request. Please contact 13 17 18 for further details.
Fixed rate loans revert to a variable rate after the end of the fixed rate period.
## Each comparison rate is calculated based on $150,000 over 25 years for a secured loan. With the exception of the Home Owners Loan where the comparison rate is calculated based on $30,000 over 5 years for a secured loan.
+ Introductory rate applies for 12 months.
Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
For more information about choosing the right account for you, please refer to The Smarter Banking Booklet - produced by the Australian Bankers' Association.
| Card | Tier | Balance Transfer Rate | Purchase Rate |
|---|---|---|---|
Breeze MasterCard |
Classic | 4.99% p.a. ^ | 10.99% p.a. * |
| Gold | 4.99% p.a. ^ | 10.99% p.a. * | |
| Platinum | 4.99% p.a. ^ | 10.99% p.a. * | |
More MasterCard |
Classic | 4.99% p.a. ^^ | 19.24% p.a. ** |
| Gold | 4.99% p.a. ^^ | 19.24% p.a. ** | |
| Platinum | 4.99% p.a. ^^ | 18.99% p.a. *** | |
Zero MasterCard |
Classic | 4.99% p.a. ^^^ | 17.99% p.a. # |
| Gold | 4.99% p.a. ^^^ | 17.99% p.a. # | |
| Platinum | 4.99% p.a. ^^^ | 17.99% p.a. # |
A Cash Advance Rate of 21.99% p.a. applies to all credit cards, except Bankwest Zero MasterCards acquired from 31 March 2008.
Minimum balance transfer amount $500. Only non-Bankwest credit cards can be balance transferred to a Bankwest credit card.
Rates are subject to change.
^ Introductory rate of 4.99% p.a.
for 12 months on balance transfers applies from the date the card is approved.
^^ Introductory rate of 4.99% p.a.
for 12 months on balance transfers applies from the date the card is approved.
^^^ Introductory rate of 4.99% p.a.
for 12 months on purchases and balance transfers applies from the date the card is approved.
* Ongoing rate of 10.99% p.a. applies to purchases and balance transfers. The rate of 10.99% p.a. applies to customers acquiring a Bankwest Breeze MasterCard product from 02 September 2011. One Bankwest Breeze MasterCard per customer.
** Ongoing interest rate of 19.24% p.a. applies to purchases and balance transfers. One Bankwest More MasterCard account per customer.
*** Ongoing interest rate of 18.99% p.a. applies to purchases and balance transfers. One Bankwest More MasterCard account per customer.
# Ongoing rate of 17.99%p.a. applies to purchases and balance transfers. A cash advance rate of 18.99%p.a. applies to customers who acquired a Bankwest Zero MasterCard product after 31 March 2008. A cash advance rate of 21.99%p.a. applies to customers who acquired a Bankwest Zero MasterCard product before 31 March 2008. One Bankwest Zero MasterCard per customer.
| Personal Loan | Rate | Comparison Rate# |
|---|---|---|
| Car Loan | 10.99% p.a. | 11.61% p.a. |
| Unsecured Personal Loan | 13.84% p.a. | 16.88% p.a. |
| Flexible Personal Loan | 13.99% p.a. | 17.84% p.a. |
# Comparison rate is calculated based on $30,000 over 5 years for secured loans and $10,000 over 3 years for unsecured loans.
Warning: The comparison rate applies only to the example or examples given. Different mounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
For more information about choosing the right account for you, please refer to The Smarter Banking Booklet (PDF, 553KB)
produced by the Australian Bankers' Association.
© 2012 Copyright Bank of Western Australia Ltd (Bankwest) ABN 22 050 494 454 AFSL 236872. 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). These products are issued by Bankwest 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.
As you make your way around our site, you'll see that our personal banking products include home loans, credit cards, personal loans, savings and term deposits, everyday accounts, insurance and online banking. In business finance, we can help you with business loans, rural finance and options for your agribusiness needs. And don’t forget our business credit cards, business savings accounts, and business accounts.
