Yes – you can use it as a savings account for your retirement fund and earn interest each month. See how it works.
No monthly maintenance fee
And no minimum monthly deposit needed.
Save on withdrawal fees
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.
Earn interest
An everyday bank account that lets you earn interest on the balance. 3 Interest is calculated daily, credited monthly and applied to the relevant portion of your balance that falls within each tier.
Interest is calculated daily, credited monthly and applied to the relevant portion of your balance that falls within each tier.
For example, if you have a balance of $50,000 in your account:
Rates | |
---|---|
Name | Rate |
Variable interest rate on balances from $0 up to $1,999.99 | 0.01% p.a. |
Variable interest rate on balances from $2,000 up to $47,999.99 | 0.05% p.a. |
Variable interest rate on balances of $48,000 or more |
0.50% p.a. |
Customers opening this account will receive eStatements via Bankwest Online Banking and the Bankwest App. Customers can opt to receive a paper statement; however, a paper statement fee will apply. Exemptions apply.
Rates are subject to change. Other fees and charges may apply. For more detailed information, see the Retirement Advantage Account Product Schedule (PDF) and Your Guide to Banking Fees (PDF).
The relevant Product Schedule together with all of the related documents form the complete Product Disclosure Statement for this product.
Retirement Advantage Account Product Schedule (PDF)
Check your eligibility
Check out some of our other bank accounts.
Take care of your day-to-day banking needs.
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