Hero Saver

The Hero Saver account can help you reach your goals.​

You’ll earn 1.20% p.a. variable Hero rate on balances up to $250,000.99 each month you:​

  • Deposit at least $200 (excluding interest)​​
  • Make no withdrawals.​​

You’ll get a standard variable rate if you don't meet this criteria, and on any part of the balance between $250,001 and $5,000,000.99.

Benefits you’ll love

Save on fees

$0 account maintenance fees.

Hit your savings goals

Create a goal, set up regular deposits and track your progress in our app.

Easy access to your money​

Use online banking and the Bankwest App or visit a branch to transfer money to any accounts.​

Rates and fees

On balances up to $250,000.99
Name Rate
Standard variable rate 0.01% p.a.
Variable Bonus rate 1.19% p.a.
Variable Hero rate ? The variable Hero rate is calculated by combining the variable standard rate and Bonus rate. 1.20% p.a.
On balances from $250,001 to $5,000,000.99
Name Rate
Standard variable rate 0.10% p.a.
Name Amount
Monthly maintenance fee $0
Withdrawal fee (electronic and over the counter) ? $0

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.

Rates are subject to change (including while you hold the account). The above rates are calculated daily and paid on the first business day of the following month. 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 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:

Hero Saver Product Schedule (PDF)

Related documents:

Apply today

Here are your next steps...

Check your eligibility

Find out more about what you may need to provide.

Already started? Resume your application.

Handy savings tools

Find out how much you could save.

Get on top of your finances.

Track your progress in the Bankwest App.

Already have a Bankwest bank account?

You may be interested in these online savings accounts.

Need help choosing an account?

Speak with someone from the team today.