I'm an existing Bankwest customer
Apply faster in online banking
I'm a new Bankwest customer
Use our easy online application
Four-month variable intro rate when you open your first TeleNet Saver account.
Pair with your everyday account
You’ll need a Bankwest transaction account to open a TeleNet Saver.
No minimum monthly deposit required.
Save in more ways than one
No monthly maintenance fees (although fees may apply to your linked account).
|Variable introductory rate (for first four months on balances up to $5,000,000)||2.70% p.a.|
|Variable standard interest rate||1.25% p.a.|
|Paper statement fee||$1.25 per statement|
Customers with this account will receive eStatements via Bankwest Online Banking. Customers who opt to receive a paper statement, however, may be charged the above fee. All accounts opened prior to 13 February 2017 will be progressively switched over to eStatements. Exemptions apply.
Rates are variable and subject to change (including while you hold the account).
A $5,000,000 maximum investment limit applies for first four months when you open your first TeleNet Saver account.
The above rates are calculated daily and paid on the first business day of the following month.
View our TeleNet Saver terms and conditions
TeleNet Saver terms and conditions:
The special variable introductory rate reverts to the standard interest rate after four months from account opening. The rates above are for new accounts opened. For existing customers, refer to your account welcome letter for the margin that applies to the special introductory base rate. The special variable introductory rate is only available once per customer's lifetime (either a joint or single account holder). A linked account is required to operate the Bankwest TeleNet Saver account and additional fees may apply.
Product Disclosure Statement:
TeleNet Saver & TeleNet Term Deposit Product Disclosure Statement (PDF)
Change of Linked Account Request (PDF)
Check your eligibility
Things you need for your application
Already started? Resume your application.
Find a savings account to suit.
You’ll get the bonus interest rate for every month you make no withdrawals on balances up to $5,000,000.
Speak with someone from the team today.