Skip to main contentGo to search

Savings accounts that stack up

Compare our Easy and Hero Saver accounts to find the one that works for you.
See our rates

Find your fit

Easy Saver

A flexible savings account for dipping in and out of

4.80%p.a.

Variable introductory rate

4.00%p.a.
Variable ongoing rate
Rates shown are for balances up to $250,000.99. Different rates apply for different balance tiers.
  • A high interest savings account with no fees
  • Start earning interest with no minimum balance or monthly deposit required
  • You’ll need a linked Easy Transaction Account – a fee-free account for everyday spending. You can open both at the same time in minutes
Learn more

Hero Saver

A savings account that rewards you for good saving habits

4.00%p.a.
Variable Hero rate
0.65%p.a.
Standard variable rate
Rates shown are for balances up to $250,000.99. On balances from $250,001 to $5,000,000.99 the standard variable rate will apply.
  • No fees
  • Earn bonus interest when you grow your balance each month
  • No linked Bankwest bank account required
Learn more
The above rates are variable, calculated daily and paid on the first business day of the following month. Fees and charges may apply to linked accounts.

Tap to set goals

Level up your savings account with Goals in the app.

Give it a name

Sailing lessons or surrealist art collection? Rename your account to match your goal. 

Track your progress

Keep yourself motivated as you move towards your target amount and deadline.

Save on auto

Set and forget with recurring transfers to put aside money regularly.

Common questions

In your ‘Money’ screen, select ‘Goals’. Select ‘Set up a new goal’ and follow the prompts.

A linked account is a bank account. They can be used to access or transfer money to and from an interest-earning account. 

Fees and charges may apply to linked account. 

You can open one Hero Saver and one Easy Saver account. For Hero Saver it’s up to you whether you want it to be a single or joint account, Easy Saver is only available in your own name.

Smart ways to stay on top of your money

Explore the app

Things to consider

  • Apple, the Apple logo and Apple Pay are trademarks of Apple Inc. App Store is a service mark of Apple Inc. Bankwest Apple Pay Terms of Use apply.
  • Android, Google Play and the Google Play logo are trademarks of Google LLC. Bankwest Google Pay Terms of Use apply. Google Pay and Google Wallet are trademarks of Google LLC.
  • Bankwest Samsung Wallet Terms of Use apply. Samsung and Samsung Wallet are trademarks of Samsung Electronics Co Ltd. 

Rates

Rates are variable and subject to change.

Easy Saver

The variable introductory rate is paid on a tiered basis on all balances in the account. The Easy Saver variable introductory rate only applies to new accounts. Not available if you’ve had the introductory rate on an Easy Saver Account in the last two years. Variable introductory rate and term are set out in the welcome letter. At the end of the introductory rate term, the account reverts to the Easy Saver standard variable rate applicable at that time. T&Cs subject to change. This introductory rate offer is available for a limited time only and the Bank reserves the right to terminate this offer at any time.

Only one account allowed per customer (not available for joint accounts).

Hero Saver

To earn the variable bonus rate, the account balance (excluding interest) at the close of business hours on the last business day of the month must be higher than at the first business day of the month, otherwise you will earn a standard variable interest rate for that month. For balances over $250,000.99 and up to $5,000,000.99, the standard variable interest rate also applies. Interest is calculated at the applicable rate on the portion of the balance that falls within each of the tiers. Rates are variable and subject to change.