Savings and term deposit calculator

Thinking about that home deposit, car or holiday? Find out how much you could save with a Bankwest savings account or Online Term Deposit.

Rewarding you for regular untouched savings

Hero Saver

0.60%
p.a.

Variable Hero rate

0.01%
p.a.

Standard variable interest rate 

Earn the variable Hero rate on balances up to $250,000.99 each month you deposit at least $200 (excluding interest) and make no withdrawals. Plus no monthly maintenance fees.  1

Find the right account for you

Choosing the right account to suit your situation could help you reach your goals sooner.

Savings accounts

Our savings accounts are designed to help keep your savings flexible, so you can be rewarded for good saving habits but access your money when you need it.

Term deposits

Plan ahead and ensure fixed returns on your savings. From one month to five years, put your money away for a term that suits you.

Other handy savings tools

Track your progress in the Bankwest App.

Get on top of your finances.

How can we help?

Speak with someone from the team today.

  1. A standard variable rate applies each month you make a withdrawal and/or deposit less than $200. A standard variable rate also applies to balances over $250,001 and up to $5,000,000.99. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.

    Fees which may be incurred are listed in the Hero Saver Product Schedule (PDF) and the Your Guide to Banking Fees (PDF).


Only one Hero Saver account is allowed per customer.