Easy Transaction Account
No-fee bank account
What you’ll get
No fees
No ATM, foreign transaction or monthly fees.*†
Ready to tap
Add your Platinum Debit Mastercard to your digital wallet and tap to pay instantly.
A savings boost
Open a linked Easy Saver and earn interest on your Easy Saver balance.**#
Value that stands out
Awarded Canstar’s Outstanding Value Transaction Accounts 2023–2026.
Smarter tools, simpler banking
Safer with virtual cards
Make purchases without using your regular card details. Create single‑use cards for one‑offs or multi‑use cards for regular spending.***
Clearer view of your spending
Search transactions, track subscriptions and get details on where you spent.
Fast-acting security
Log in with biometrics, lock and unlock your cards, and get notified when something’s not right, so you can handle anything unusual in seconds.
Two accounts. One smarter way to save.
Variable introductory rate for the first 4 months on balances up to $250,000.99**#
Fees
(There are none)
| Monthly fees | $0 |
|---|---|
| Using your card overseas (ATM and transactions)*† | $0 |
| Using your card in Australia (ATM and transactions)*† | $0 |
| Dishonours and honours | $0 |
| Replacement debit card (Australia and overseas) | $0 |
| Paper statement fees | $0 |
Common questions
You can have up to 10 Easy Transaction accounts per person.
If you’re already a Bankwest customer, you may be able to open a joint account in the app by choosing the account you’d like and selecting the ‘two of us’ option.
You’ll need to already have joint Bankwest account(s) with the other applicant, or both applicants must not have any other existing Bankwest joint accounts.
With a joint transaction or savings account, both people will have full access to the account and the money in it unless the account has multiple signatory instructions.
You’ll receive your physical card within 10 business days. Your digital card will appear in the app straight away. Add your card to your digital wallet, then spend instantly with Apple, Google or Samsung Pay.
This is an interest-earning account which doesn’t have BPAY® access or a debit card attached to it, so you can only access the money in it by transferring it to your linked Easy Transaction Account. To open an Easy Saver Account, you need an existing Easy Transaction Account – you can open them both at the same time.
Uncomplicate your banking
Things to consider
- Easy Transaction Account is also suitable for concession card or government card holders.
- Apple, the Apple logo and Apple Pay are trademarks of Apple Inc. App Store is a service mark of Apple Inc. Bankwest Apple Pay Terms of Use apply.
- Android, Google Play and the Google Play logo are trademarks of Google LLC. Bankwest Google Pay Terms of Use apply. Google Pay and Google Wallet are trademarks of Google LLC.
- Bankwest Samsung Wallet Terms of Use apply. Samsung and Samsung Wallet are trademarks of Samsung Electronics Co Ltd.
- BPAY® is the registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
- Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
- Canstar’s 2026 Outstanding Value awards recognise products offering outstanding value to consumers as part of Canstar’s Star Ratings & Awards. Find more about the awards and categories.
† Foreign transaction fees
Foreign transactions are all transactions effected in foreign currency or occurring outside of Australia whether in foreign currency or Australian dollars including if you are in Australia (for example, online) where the merchant or the financial institution or entity processing the transaction is located overseas. Other fees and charges may apply, including when using overseas ATMs.
** Easy Saver
- The variable introductory rate is paid on a tiered basis on all balances in the account.
- The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years.
- Variable introductory rate and term are set out in the welcome letter.
- At the end of the introductory rate term, the account reverts to the Easy Saver standard variable rate applicable at that time. T&Cs subject to change.
- This introductory rate offer is available for a limited time only and the Bank reserves the right to terminate this offer at any time.
- Must link to an Easy Transaction account. Limit one account per customer – not available for joint accounts.
- Fees and charges may apply and subject to change.
# Rates
Rates are variable and subject to change. Interest is calculated daily, credited monthly and applied to the relevant portion of your balance that falls within each tier.
*** Virtual cards
Eligibility criteria apply. Virtual cards are available, subject to your account meeting the requirements, for Easy Transaction Accounts, Offset Transaction Accounts, Retirement Advantage Accounts and all retail credit cards (where lending criteria apply). See the Account Access Conditions of Use or Terms and Conditions relevant to your product.
Platinum Debit Mastercard
Platinum Debit Mastercard access is available to Australian citizens and temporary or permanent residents with an Australian residential address. Limited exceptions may apply subject to conditions.
App push notifications
On eligible devices in which you have the Bankwest App installed and notifications enabled.
eStatements
Customers opening this account will receive eStatements via Bankwest Online Banking and the Bankwest App. Customers can opt to receive a paper statement.
Important documents
Consider the applicable PDS available from Bankwest before deciding whether the product is right for you. Fees and charges may apply and subject to change. The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.
