Log in
Compare savings accounts
| Types of savings accounts | Hero Saver
|
TeleNet Saver
|
Bankwest Smart eSaver
|
Children's Savings Account
|
|---|---|---|---|---|
| Select two or more to compare | ||||
| Bonus variable rates | 0.70% p.a. applies to balances up to $250,000.99, each month you deposit at least $200 (excluding interest) and make no withdrawals. | 0.40% p.a. variable intro rate applies for the first four months from when you open your first TeleNet Saver, on balances up to $5,000,000.99. 3 The Special Introductory Interest Rate is only available once per customer’s lifetime (either as a joint or single account holder). | 0.40% p.a. applies to balances up to $500,000.99, for each month you make no withdrawals. 4 | There is no bonus variable rate for this account. |
| Standard variable rates |
0.01% p.a.
2
Standard variable rate applies each month you make a withdrawal and/or deposit less than $200. This 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. |
0.05% p.a. applies four months after account opening. | 0.01% p.a. applies each month a withdrawal is made. | 0.01% p.a. applies to balances from $0 to $2,999.99 5 |
| Paper statement fee |
$1.25 per statement (avoid this fee with eStatements) |
$1.25 per statement (avoid this fee with eStatements) |
$1.25 per statement (avoid this fee with eStatements) |
$0 |
| Monthly fees
6
Monthly maintenance fee may apply to linked account. Other fees that may apply are listed in the relevant Product Disclosure Statement. |
No monthly account maintenance fees and transaction fees | No monthly account maintenance fees and transaction fees | No monthly account maintenance fees and transaction fees | No monthly account maintenance fees and transaction fees |
| Features | ||||
| In-branch withdrawals | Yes | No | No |
Yes |
| Linked Bankwest account requirements |
No | Yes |
Yes |
No |
| Apply | Apply | Apply | Find a branch | |
| Hero Saver The Hero Saver rewards you for saving regularly and making no withdrawals. 1 Limit of one account per customer. |
0.70% p.a. applies to balances up to $250,000.99, each month you deposit at least $200 (excluding interest) and make no withdrawals. |
0.01% p.a.
2
Standard variable rate applies each month you make a withdrawal and/or deposit less than $200. This 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. |
$1.25 per statement (avoid this fee with eStatements) |
No monthly account maintenance fees and transaction fees | Yes | No |
|---|---|---|---|---|---|---|
| TeleNet Saver With the ability to make withdrawals via your linked account, the TeleNet Saver is a flexible savings option. |
0.40% p.a. variable intro rate applies for the first four months from when you open your first TeleNet Saver, on balances up to $5,000,000.99. 3 The Special Introductory Interest Rate is only available once per customer’s lifetime (either as a joint or single account holder). | 0.05% p.a. applies four months after account opening. |
$1.25 per statement (avoid this fee with eStatements) |
No monthly account maintenance fees and transaction fees | No | Yes |
| Bankwest Smart eSaver This online savings account rewards you for every month you don't make any withdrawals. 1 Limit of one account per customer. |
0.40% p.a. applies to balances up to $500,000.99, for each month you make no withdrawals. 4 | 0.01% p.a. applies each month a withdrawal is made. |
$1.25 per statement (avoid this fee with eStatements) |
No monthly account maintenance fees and transaction fees | No |
Yes |
| Children's Savings Account With no monthly maintenance fees, this account helps teach children good savings habits. |
There is no bonus variable rate for this account. | 0.01% p.a. applies to balances from $0 to $2,999.99 5 |
$0 |
No monthly account maintenance fees and transaction fees |
Yes |
No |
Rates are subject to change at any time.
Select 2 or more to compare
Product disclosure statements:
Smart eSaver Product Disclosure Statement (PDF)
TeleNet Saver Product Disclosure Statement (PDF)
For the products listed below, the Product Schedule and the related documents make up the Product Disclosure Statement:
Hero Saver Product Schedule (PDF)
Children's Savings Account Product Schedule (PDF)
Related documents:
Investment and Transaction Account Terms and Conditions (PDF)
Account Access Conditions of Use (PDF)
Banking Services Rights and Obligations (PDF)
Your Guide to Banking Fees (PDF)
- Limit of one account per customer.
- Standard variable rate applies each month you make a withdrawal and/or deposit less than $200. This 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.
- The Special Introductory Interest Rate is only available once per customer’s lifetime (either as a joint or single account holder).
- Different rates apply to different balance tiers. If balance tiers apply, interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
- Different rates apply to different balance tiers. Interest is calculated at the applicable rate on the entire balance.
- Monthly maintenance fee may apply to linked account. Other fees that may apply are listed in the relevant Product Disclosure Statement.