No monthly maintenance fee

Our Easy Transaction Account is our low fee bank account. With no monthly maintenance fee, you can make your money go further.

Benefits at a glance

Less banking fees

No monthly maintenance fee or minimum monthly deposit required. Other fees may apply.

Less ATM fees

Pay no ATM fees when you use one of 10,000 major bank ATMs Australia-wide. 1

Less worries

Backed by Mastercard's® 24/7 Zero Liability Protection and accepted at over 38 million Mastercard locations worldwide. 2 Debit Mastercard access is available to Australian citizens and temporary or permanent residents aged 16 or over with an Australian residential address.

Great for bucketing

You can open up to 10 accounts to bucket your money, nickname them, shuffle their priority and set goals in the Bankwest App.

Compare Debit Mastercard types

There are two types of Debit Mastercard. If you choose Platinum and deposit over $4000 per month, you’ll also unlock extra benefits on top of our standard features.

Key features Debit Mastercard Platinum Debit Mastercard
Required monthly deposit No minimum requirement Over $4,000
Shop faster with Tap & go™ technology

Access a range of benefits and discounts with Mastercard rewards program

Three months insurance for loss, theft or damage on certain purchases 3

Up to twelve months extended warranty insurance on certain purchases made in Australia 3


Start bucketing in the Bankwest App

Once you've opened an account...

In the app

Hit the '+' in the top right-hand corner to open up to 10 Easy Transaction Accounts. It takes just 30 seconds to open one.

Give the buckets nicknames

Head to the ‘Manage’ tab of your accounts to give them a name that makes sense to you.

Shuffle your account order

Is a holiday or new computer your priority? Hold down that account, then drag and drop to move it to the top.


Name Fee
Monthly maintenance fee $0
Electronic withdrawal fee
Cheque withdrawal fee
Counter withdrawal fee
Overseas ATM access fee
$5 per transaction 4
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.
$1.25 per statement
Customers with this account will receive eStatements via Bankwest Online Banking and the Bankwest App. Customers who opt to receive a paper statement, however, may be charged the above fee. Exemptions apply.

Other fees and charges may apply.  For more detailed information, see the Easy Transaction Account Product Schedule (PDF) and Your Guide to Banking Fees (PDF).

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:
Bankwest Easy Transaction Account Product Schedule (PDF)

Related documents:

Apply today

Here are your next steps...

Check your eligibility

  • You can apply online if you’re 16 or over (you can apply in a branch from age 11)
  • After a joint account? Book a branch appointment to apply. If you already have a joint account with us, call 13 17 19
  • You must be an Australian citizen, or temporary or permanent resident, and have an Australian residential address to get a Debit Mastercard®
  • You can have up to 10 Easy Transaction accounts per person.

Things you need for your application

Find out more about what you may need to provide.

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. Includes ATMs branded Bankwest, CBA, NAB, ANZ, Westpac, St George Bank, Bank of Melbourne and BankSA. Other fees and charges, including other bank ATM fees, overseas ATM access fees and foreign transaction fees may apply.

2. Debit Mastercard access is available to Australian citizens and temporary or permanent residents aged 16 or over with an Australian residential address.

3. Platinum Debit Mastercard Insurance: Limitations, exclusions and eligibility criteria apply. See Platinum Debit Mastercard Insurances Information Booklet (PDF) for details.

From 1 October 2018 we’re changing our insurance provider, however your cover for Purchase Security Insurance and Extended Warranty Insurance will not change. Find out more about the changes to Platinum Debit Mastercard insurance.

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

The $6 monthly maintenance fee and $2,000 deposit requirement for Easy Transaction Account has been removed for new and existing accounts.

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