Hero Saver

Earn interest and hit your savings goals sooner. Deposit at least $200 on or before the last business day of each month (excluding interest) and make no withdrawals on balances up to $250,000.99.

4.60%
p.a.

Variable Hero rate

Make saving easy as

Save on fees

$0 monthly account fees.

Make the most of what's yours

Earn a standard variable rate any month you don't meet the Hero rate criteria, and on any part of the balance between $250,001 and $5,000,000.99.

Hit your savings goals

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

Easy access to your money

Transfer money between any accounts.

Rates and fees

On balances up to $250,000.99
Name Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate
3.60% p.a.
Variable Hero rate ? The variable Hero rate is calculated by combining the variable standard rate and Bonus rate.
4.60% p.a.
On balances up to $250,000.99
Name
Rate
Standard variable rate
1.00% p.a.
Variable Bonus rate
3.60% p.a.
Variable Hero rate ? The variable Hero rate is calculated by combining the variable standard rate and Bonus rate.
4.60% p.a.
On balances from $250,001 to $5,000,000.99
Name Rate
Standard variable rate
1.00% p.a.
On balances from $250,001 to $5,000,000.99
Name
Rate
Standard variable rate
1.00% p.a.
Fees
Name Amount
Monthly maintenance fee
$0
Withdrawal fee (electronic and over the counter) ?
$0
Fees
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.

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

  • You must be 12 or over
  • After a joint account? Visit us in branch to apply (WA only). If you already have a joint account with us, call 13 17 19
  • Up to two people can use each account
  • One Hero Saver account per person, whether as a single or joint account holder.

Find out more about what you may need to provide.

Already started? Resume your application.

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