BREAKING NEWS: RBA holds cash rate at 4.35% in March 2024Learn more
RateCity.com.au
  1. Home
  2. Savings Accounts
  3. Companies
  4. Bankwest
Bankwest logo

Bankwest savings accounts

Bankwest offers several savings account options. The TeleNet Saver pays bonus interest for the first four months and requires a linked Bankwest transaction account. The Smart eSaver pays 0.01 per cent standard interest but bonus interest for every month you make no withdrawals. It also requires a linked Bankwest transaction account. The Children’s Savings Account is open to children under 15 years and pays different tiers of interest, depending on your balance. The Student Account has no monthly fees but pays a maximum of 0.05 per cent interest. Bankwest is owned by the Commonwealth Bank.

Nick Bendel
Nick Bendel

Property & Personal Finance Writer

Content updated

Product data updated

Why choose Bankwest

Benefits

  • No monthly fees or minimum deposits

Drawbacks

  • Maximum interest rate comes with conditions

Bankwest Savings Accounts

Savings Accounts calculator

Use our savings account calculator to see how much you can earn under different investment scenarios.

$
$
months

Your monthly interest earned would be

$0

at interest rate 1.00 %

Total interest earned

$0

Total amount

$0

About our expert

Did you find this page helpful?

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.