No one likes unnecessary fees. Take a look at our top tips for avoiding common fees and charges, so you can spend more of your money on the things you enjoy.
2 minute read
No one likes unnecessary fees. Take a look at our top tips for avoiding common fees and charges, so you can spend more of your money on the things you enjoy.
2 minute read
Some accounts require you to make a minimum deposit each month or stay above a minimum balance to avoid a monthly maintenance fee.
If meeting these requirements each month will be hard for you, it might be worth switching to an account where you're guaranteed no maintenance fees – like our Easy Transaction Account and our Retirement Advantage Account.
Get push notifications to remind you when your credit card payment is due, if your bank account balance drops below a nominated amount, and more with Easy Alerts.
Log in to the Bankwest App and go to 'More' > 'Notifications' > 'Settings' and toggle on Easy Alerts to get started.
Save on ATM fees when you use any major bank ATM across the country. Keep in mind fees may apply when withdrawing from non-bank ATMs.
If we honour a transaction that leaves your account overdrawn by $1,000 or more, or for 10 days or more, we’ll charge a line of credit fee. The same fee applies for authorised overdrafts. The fee will vary – you can find more info in your account’s Product Disclosure Statement.
If debits to your credit card take you over your credit limit, we may charge a fee for select accounts for each statement period where this is the case. Refer to your credit card contract to see if this fee applies to you.
Make sure you pay at least the minimum payment by the due date on your credit card statement. If your statement refers to an ‘Amount Due Immediately’ you must also pay that amount by the due date, in order to avoid the fee. You can refer to your credit card contract for more info about this fee.
When you withdraw cash from your credit card at an ATM or a branch, it's called a cash advance. You'll need to pay a cash advance fee for those transactions.
Bankwest doesn't charge foreign ATM fees or foreign currency fees, so you can make overseas purchases without having to worry about additional charges. Keep in mind though that overseas ATM operators may charge fees.
We've also removed honour and dishonour fees, which means you won't be charged if there aren’t enough funds in your account to withdraw a direct debit.
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