Boost your savings and be rewarded

Our Hero Saver account rewards you with a 1.50% p.a.* ongoing variable interest rate for making regular savings contributions and no withdrawals. 

Make the most of your savings

Save in more ways than one

$0 account maintenance and transaction fees.

Start small

No minimum opening balance needed.

Start saving today

No linked transaction account needed.

Be regularly rewarded

Interest calculated daily and paid monthly.

How it works 

* If you deposit $200 a month (excluding interest) and make no withdrawals, you'll earn the variable Hero rate (currently 1.50% p.a.) on balances up to $250,000. 

In any month you don't meet this criteria, you'll receive the standard variable interest rate (currently 0.01% p.a.). Any portion of the balance over $250,000 and up to $5 million will also receive this rate.

Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers. 

Rates and fees

Name Rate
Variable Hero rate (on balances up to $250,000) 1.50% p.a.
Standard variable interest rate 0.01% p.a.
Name Amount
Paper statement fee $1.25 per statement
Customers with this account will receive eStatements via Bankwest Online Banking. Customers who opt to receive a paper statement, however, may be charged the above fee. All accounts opened prior to 13 February 2017 will be progressively switched over to eStatements. Exemptions apply.

Rates are subject to change.
The above rates are calculated daily and paid on the first business day of the following month.

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

Apply today

You must be 12 years or over and have an Australian residential address.

Limit of one account per customer