Hero Transaction Account

An account that lets you earn interest on balances up to $5,000.

Benefits

Our high variable interest rate

Earn interest on balances up to $5,000.

Easy access to your funds

No withdrawal fees for online, EFTPOS, counter, cheque or Bankwest and CommBank ATM withdrawals in Australia. 1 Fees and charges including other bank ATM fees, overseas ATM access fees, foreign transaction fees, and honour and dishonour fees, may apply. Close

Save on monthly maintenance fees

We'll waive them if you deposit at least $2,000 a month; for example, your salary.

Unlock exclusive benefits at Perth Arena

Gain exclusive access to the Bankwest Lounge plus 10% off all food and beverages when you present or pay with your Bankwest Debit Mastercard. ! Lounge open from time main venue doors open. Bankwest Mastercard must be shown/presented to gain access to the lounge. Entry is subject to capacity and granted on a first come first served basis. Close

 Rates and fees

Rates
Name Rate 
Variable interest rate on balances from $0 to $5,000
1.50% p.a.
Variable interest rate on balances of $5,001 or more
0% p.a.
Interest is calculated daily, credited monthly and applied to the relevant portion of your balance which falls within each tier.
More
Fees
Name Fee
Monthly maintenance fee $6 (waived when you deposit at least $2,000 per month)
Electronic withdrawal fee $0
Counter withdrawal fee
$0
Cheque withdrawal fee $0
Overseas ATM access fee $5 per transaction 2 The overseas bank may charge a fee for using their ATM. Other fees and charges, including foreign transaction fees, may apply. Close
Foreign transaction fee ? For each transaction occurring outside Australia in foreign currency or Australian dollars. Overseas purchases made online may incur foreign transaction fees. Close
2.95% of the transaction amount
Paper statement fee ? Avoid this fee with eStatements.
Close
$1.25 per statement
More

Customers with this account will receive eStatements via Bankwest Online Banking. Customers who opt to receive a paper statement, however, may be charged the above fee. All accounts opened prior to 13 February 2017 will be progressively switched over to eStatements. Exemptions apply.

Rates are subject to change. Other fees and charges may apply. For more detailed information, see the Hero Transaction Account Product Schedule and Your Guide to Banking Fees.

View our transaction account terms and conditions

Transaction account terms and conditions:

The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.

Product schedule:
Hero Transaction Account Product Schedule (PDF)

Related documents:
Investment and Transaction Account Terms and Conditions (PDF)
Account Access Conditions of Use (PDF)
Your Guide to Banking Fees (PDF)
Banking Services Rights and Obligations (PDF)
 

Apply today

Here are your next steps...

Check your eligibility

  • People 18 years and over
  • Debit Mastercard® access: Australian citizens, temporary or permanent residents with an Australian residential address. Find out more about Debit Mastercard
  • One Hero Transaction Account per customer only.
1

Things you need for your application

Find out more about what you may need to provide.

Already started? Resume your application

Looking for something else? 

Check out some of our other bank accounts.

Need help choosing a transaction account?

Speak with someone from the team today.

Things you should know

  1. Fees and charges including other bank ATM fees, overseas ATM access fees, foreign transaction fees, and honour and dishonour fees, may apply.

  2. The overseas bank may charge a fee for using their ATM. Other fees and charges, including foreign transaction fees, may apply.

Mastercard, World Mastercard and the Mastercard brand mark are registered trademarks, and the circles design and tap & go are trademarks of Mastercard International Incorporated.