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

Fewer banking fees

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

Fewer ATM fees

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

Worry less

Backed by Mastercard® 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 over 16 with an Australian residential address. Close

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.

T&Cs like you’ve never seen before

We've transformed and simplified our Easy Transaction Account Product Schedule into visual T&Cs, so it's easier for you to understand what you need to know and how it works.


Name Fee
Monthly maintenance fee $0
Electronic withdrawal fee
Cheque withdrawal fee
Counter withdrawal fee
Overseas ATM access fee
$5 per transaction 3
Foreign transaction fee ? 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).

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.

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 4

Up to twelve months extended warranty insurance on certain purchases made in Australia 4


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.

Find out more about what you may need to provide.

Frequently asked questions

Info at your fingertips


What do you mean by ‘no monthly maintenance fee’?

This means you don’t need to pay a monthly fee to use this account.


What’s account bucketing?

It’s when you have multiple accounts for different things, like bills, everyday spending, travel or something special. You can open multiple accounts, nickname them, and even create savings goals to stay on track.

Learn more about account bucketing.


Can I use a Bankwest Halo payment ring with this account?

Yes – you can use a Bankwest Halo with our Easy Transaction Account. After your account has opened, you can order a free sizing kit online and then order your Bankwest Halo.


Once my account is opened, how long until I can start using my account?

You can start using your new account straight away in the Bankwest App and online banking.

Learn more about setting up your new account.


After my account opens, how long until I receive my debit card?

It can take a few business days for a physical card to arrive in the post. While you wait, you can use a digital version of your card to make payments online or pay in-store with your smartphone or wearable device.

Looking for something else? 

Check out some of our other bank accounts.

Need help choosing a bank account?

Speak with someone from the team today.