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Compare savings accounts

I am saving for and I want to compare 6 Monthly maintenance fee may apply to linked account. Other fees that may apply are listed in the relevant Product Disclosure Statement.
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Types of savings accounts Hero Saver
The Hero Saver rewards you for saving regularly and making no withdrawals. 1 Limit of one account per customer.
 Close 		TeleNet Saver
With a competitive intro rate, the TeleNet Saver is a flexible savings option. 		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.
 Close 		Children's Savings Account
With no monthly maintenance fees, this account helps teach children good savings habits.
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Bonus variable rates 1.85% p.a. applies to balances up to $250,000, each month you deposit at least $200 (excluding interest) and make no withdrawals. 2.00% 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. 3 The Special Introductory Interest Rate is only available once per customer’s lifetime (either as a joint or single account holder). Close 1.15% p.a. applies to balances up to $500,000, 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 $250,000 and up to $5 million. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
 Close 		0.25% p.a. applies four months after account opening. 0.01% p.a. applies each month a withdrawal is made. 0.25% 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.
 Close 		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-store withdrawals Yes No No Yes
Linked Bankwest account requirements
 No Yes Yes
 No
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Hero Saver
The Hero Saver rewards you for saving regularly and making no withdrawals. 1 Limit of one account per customer.
 Close 		1.85% p.a. applies to balances up to $250,000, 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 $250,000 and up to $5 million. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
 Close 		$1.25 per statement (avoid this fee with eStatements)
 No monthly account maintenance fees and transaction fees Yes No
TeleNet Saver
With a competitive intro rate, the TeleNet Saver is a flexible savings option.		 2.00% 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. 3 The Special Introductory Interest Rate is only available once per customer’s lifetime (either as a joint or single account holder). Close 0.25% 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.
 Close 		1.15% p.a. applies to balances up to $500,000, 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. 0.25% 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.

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View our savings account terms and conditions

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)

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Things you should know
1. Limit of one account per customer.
2. Standard variable rate applies each month you make a withdrawal and/or deposit less than $200. This rate also applies to balances over $250,000 and up to $5 million. Interest is calculated at the applicable rate on the portion of the balance which falls within each of the tiers.
3. The Special Introductory Interest Rate is only available once per customer’s lifetime (either as a joint or single account holder).
4. 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.
5. Different rates apply to different balance tiers. Interest is calculated at the applicable rate on the entire balance.
6. Monthly maintenance fee may apply to linked account. Other fees that may apply are listed in the relevant Product Disclosure Statement.