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Easy Transaction Account
No-fee everyday bank account
A straightforward, no-fee account for everyday spending.
- No fees
- Pay securely with virtual cards***
- Earn interest on a linked Easy Saver account#
- No fees on packaged home loans‡
- Pay securely with virtual cards***
- Reduce home loan interest‡
Retirement Advantage Account
Earn interest on your balance
An everyday bank account that rewards you with interest. For those aged 55 and over.~
- No fees
- Pay securely with virtual cards***
- Earn interest on your account balance**
What you get with a Bankwest bank account
No Fees
Get everyday banking with no ATM or foreign transaction fees, plus no minimum deposit requirements.*†
Create a virtual card
Protect your regular card details when you make purchases with a virtual card. Choose from single-use or multi-use.***
Organise your money
Create separate accounts for everyday spending, bills, travel - anything you like. Plus choose your card colour to easily identify your accounts.
Tap and pay straight away
Add your card to your digital wallet, then spend instantly with Apple Pay, Google Pay or Samsung Pay.
Smart ways to stay on top of your money
Common questions
- Reminders to deposit money to avoid a monthly maintenance fee
- Know about any overseas transactions on your account as they happen
- Reminders for upcoming scheduled payments and your available balance
- PayPass alerts
- Alerts when your account balance falls below, or reaches, a nominated amount
- Alerts when a payment (like your salary) has been made to your account.
See what you’ve spent at a glance by tapping on a transaction to view the business type, location and contact info.
The Bankwest App puts you in control of your card wherever you are. Get access to your digital card details instantly after opening your account. You can lock or replace your card if you loose it, and monitor account activity with ease.
Spending online or in-store
If you have a Platinum Debit Mastercard, you’ll be able to access all the funds in your account if you select ‘Credit’ – as long as the available balance of the account is above the transaction amount.
If you have a standard debit card (without the chip), you can only use it for EFTPOS payments. It can’t be used for contactless or online payments. Your maximum daily EFTPOS limit is capped at $2,000 and can’t be changed.
Withdrawing cash
You can withdraw cash at Australian and overseas ATMs, Bank@Post and EFTPOS terminals up to a combined amount of $2,000 per day.
Things to consider
- 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.
- Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
# Easy Saver
Must link to an Easy Transaction account. Limit one account per customer – not available for joint accounts.
~ Retirement Advantage age requirement
For joint accounts, one customer must meet the age requirement.
** Interest
Interest is calculated daily, credited monthly and applied to the relevant portion of your balance that falls within each tier.
‡ Offset Transaction Account
Offset Transaction Account must be held in the same name as the loan account. Maximum 40% offset is available with our Complete Fixed and Fixed Rate home loans. Other exclusions apply. Account holders must be 18 years or older. Other fees and charges may apply. Credit interest is not payable on this account. Where a monthly offset fee applies, it will apply to each offset account held. For offset accounts linked to a Fixed Rate Home Loan, no offset fee applies during the fixed term although a $12 monthly loan maintenance fee applies. At the end of the fixed term a monthly offset fee of $10 per offset account will apply.
* ATM fees
ATM operators may charge a fee. Other fees and charges may apply.
† 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.
*** Virtual cards
Eligibility criteria apply. Virtual cards are available, subject to your account meeting the requirements, for Easy Transaction Accounts, Offset Transaction Accounts, Qantas 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.
