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Our Hero Transaction Account earns you 0.75% p.a. interest on balances up to $5,000. 1 Interest is calculated daily, credited monthly and applied to the relevant portion of your balance which falls within each tier.
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. 2 Fees and charges including other bank ATM fees, overseas ATM access fees, foreign transaction fees, and honour and dishonour fees, may apply.
Save on monthly maintenance fees
We'll waive them if you deposit at least $2,000 a month. For example, your salary.
Bankwest Halo payment ring
For an even easier way to pay, order a Bankwest Halo payment ring.
Variable interest rate on balances from $0 to $5,000
Variable interest rate on balances of $5,001 or more
|Monthly maintenance fee||$6 (waived when you deposit at least $2,000 per month)|
|Electronic withdrawal fee||$0|
Counter withdrawal fee
|Cheque withdrawal fee||$0|
|Overseas ATM access fee||
$5 per transaction
Foreign transaction fee
2.95% of the transaction amount
Paper statement fee
Avoid this fee with eStatements.
||$1.25 per statement|
Foreign transactions are transactions 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.
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.
Hero Transaction Account Product Schedule (PDF)
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Things you need for your application
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Check out some of our other bank accounts.
Australia’s first Qantas Transaction Account that lets you earn Qantas Points on the money in your everyday account.
Speak with someone from the team today.
Things you should know
Mastercard and the Mastercard brand mark are registered trademarks, and the circles design and Tap & go are trademarks of Mastercard International Incorporated.