A great account for students

Less fees? Yes, please. With no monthly maintenance fee, and an optional debit card with no major bank ATM fees – you’ll love the Easy Transaction Account. 1

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 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 (limited exceptions may apply subject to conditions).

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.

Fees

Swipe
Name Fee
Monthly maintenance fee $0
Electronic withdrawal fee
$0
Cheque withdrawal fee
$0
Counter withdrawal fee
$0
Overseas ATM access fee
$5 per transaction 3
Foreign transaction fee ? 2.95% of the transaction amount
Swipe

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.

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).

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:

Opening an account online is simple

1

Tell us about yourself

If you’re an existing Bankwest customer simply click ‘apply now’, which will take you to a form that is prepopulated with your details. If you’re new to Bankwest, you’ll be able to complete your details.
2

Choose your card

Once you’ve checked your details, if you've ordered a Debit Mastercard you’ll be able to choose between an orange classic Debit Mastercard, or a black Platinum Debit Mastercard. 4 Deposit at least $4,000 a month into your account and you'll be eligible for a Platinum Debit Mastercard, which includes upgraded benefits like complimentary purchase security and extended warranty on Australian purchases. Limitations, exclusions and eligibility criteria apply. It's available to Australian citizens and temporary or permanent residents over 16 with an Australian residential address (limited exceptions may apply subject to conditions).
3

Quick and easy verification

If you’re already a Bankwest customer, this is already complete. If not, use your current driver’s license, Medicare card and/or passport for quick and easy verification online or in branch.

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
  • Debit Mastercard access is available to Australian citizens and temporary or permanent residents over 16 with an Australian residential address (limited exceptions may apply subject to conditions).
  • 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

1

Do I really pay no monthly maintenance fee?

That’s right – there’s no ongoing monthly maintenance fee to use this account.

2

Are there any ATM fees with this account?

Not if you use a Bankwest ATM or major bank ATMs Australia-wide. 1

3

Can I manage my money with an app?

This is where the Bankwest App comes in. You can securely manage your Easy Transaction Account on the go, track your savings and even set up customised alerts. See how the Bankwest App could help you.

4

What’s account bucketing, and how can it help me save?

It’s when you have separate accounts for different things. You might open multiple accounts to track your bills, everyday spending, holiday fund, and more. By separating your money, you can see how much you spend and set savings goals.

Learn more about how account bucketing works.

5

Does this account come with a Debit Mastercard®?

You can choose between an orange classic Debit Mastercard or a black Platinum Debit Mastercard. 4 To be eligible for a Platinum Debit Mastercard a minimum of $4,000 must be deposited in the account each month.

Bank your way

Get more from your banking by using features and services available to you, including the Bankwest App.

Banking tips for students

Set up good habits from the get go and it’s one less thing you have to worry about.

Get buzzed when you get paid

Forget constantly checking to see if your pay has gone through – get a heads up as soon as a payment hits your account, or if a payment's due, in the Bankwest App.

Stay confident at the checkout

Forget that declined message dread. You can get notified when your balance goes below a certain amount in the Bankwest App, so you know how much you’ve got to spend.

Need help choosing a bank account?

Speak with someone from the team today.

  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 over 16 with an Australian residential address (limited exceptions may apply subject to conditions).
  3. The overseas bank may charge a fee for using their ATM. Other fees and charges, including foreign transaction fees, may apply.
  4. Deposit at least $4,000 a month into your account and you'll be eligible for a Platinum Debit Mastercard, which includes upgraded benefits like complimentary purchase security and extended warranty on Australian purchases. Limitations, exclusions and eligibility criteria apply. It's available to Australian citizens and temporary or permanent residents over 16 with an Australian residential address (limited exceptions may apply subject to conditions).

Terms of Use apply to the Bankwest App.

Bankwest Easy Alerts are available for your mobile personal transaction and savings accounts. Limited alerts only are available for credit card transactions. Bankwest Easy Alerts will be sent to any compatible iOS and Android device on which you have the Bankwest App and enabled notifications. Whilst some alerts may be sent to your device once you have enabled notifications, in order to receive the full range of Easy Alerts available you will also need to activate the Bankwest Easy Alerts service within the Bankwest App. Terms of Use apply. Bankwest Easy Alerts is currently supported on iOS 11 and Android 5.0 devices and above. Bankwest Easy Alerts is not available on tablets and Windows devices.

Terms of Use apply to the use of Apple Pay. Apple, the Apple logo, Apple Pay, iPhone and the App Store are trademarks of Apple Inc., registered in the U.S. and other countries.

Mastercard is a registered trademark, and the circles design and Tap & go are trademarks of Mastercard International Incorporated.