Bucketing 101
Start by working out where your money goes each month. There will be common themes – like bills, savings and fun stuff. These will be your buckets.
Crunch the numbers
Decide how much of your income goes into each bucket, each payday. Let our budget planner do the maths for you.
Start with one
Our Easy Transaction Accounts has no monthly maintenance fees, and you can open up to 10 – great for bucketing. Other fees may apply.
Download the app
Once you’re a customer, you can set up your buckets and track it all within the Bankwest App.
Smash your goals
Use the app to set up goals – tell us how much you want to save, by when, and we’ll work out how much you should add to each bucket.
See how it works.
Make it automatic
To stay on track and avoid splurge-spending after payday, you can schedule automatic transfers into your buckets.
Order debit cards
To manage your spending across your buckets, you can order different colour debit cards to avoid confusion when you go to pay.
No matter where you’re at in life, bucketing can help you manage your money with ease.
You need at least one account to use the Bankwest App and start bucketing. Take a look at our...
Our range of savings accounts can help you reach your savings goals.
With an eligible Bankwest home loan, you can open up to nine offset transaction accounts to help you manage your money while reducing your home loan interest. It’s a win-win – and you can track it all in our app.