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Bankwest

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.

Bankwest savings account repayment calculator

Thinking about taking out a savings account with Bankwest? Use our savings account calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Bankwest savings account compare with various products.

Investing your money into a savings account is an effective strategy. This calculator is designed to help you achieve your savings goal faster. See how fast your savings can grow with regular deposits.

Initial deposit

Monthly deposit

Period

months

Your monthly interest earned

$14

Interest rate

2.70%

Total interest earned

$286

Total amount

$17,286

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Maximum rate
Base rate
Maximum monthly interest
Total interest earned
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