BankWest Bankwest Smart eSaver

BankWest
Headline interest rate
4.50%
Monthly fee
-
Account type
Savings

Moneybuddy says

Bankwest Smart eSaver is a high interest online savings account. Bankwest offers a variable Smart Rate of 4.50% p.a. if you make no withdrawals in the month, however if you do make a withdrawal you will only receive the variable standard rate. There are no fees and no minimum opening deposit, and the application process is quick and easy.

The Basics

Interest paid Monthly

Interest calculated Monthly

Headline interest rate 4.50%

Monthly fee -

Account type Savings

The cool stuff: features

ATM access -

EFTPOS access -

Branch access -

Online access Yes

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access -

The Facts & Figures

Balance less than $1k -

Balance less than $5k -

Balance less than $25k -

Balance greater than $100k -

Min. balance -

Min. opening deposit -

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

BankWest says

Watch your savings grow with our new online savings account

Grow your savings faster with our high interest savings account. Get our Smart Rate of 4.50% p.a. variable each month you make no withdrawals, or our Standard Rate of 3.00% p.a. variable if you do. The Standard Rate will at least match the RBA official cash rate until 30/06/2011.

Savings account features:

Takes only minutes to complete!, 100% secure application process, 4.50% p.a. variable Smart Rate each month you make no withdrawals, 3.00% p.a. variable Standard Rate each month you make a withdrawal, Standard Rate will at least match the RBA official cash rate until 30/06/2011, No fees and no minimum deposit

Key features

  • Takes only minutes to complete!
  • 100% secure application process
  • 4.50% p.a. variable Smart Rate each month you make no withdrawals
  • 3.00% p.a. variable Standard Rate each month you make a withdrawal
  • Standard Rate will at least match the RBA official cash rate until 30/06/2011
  • No fees and no minimum deposit

Pros

  • 4.50% p.a. variable Smart Rate
  • No bank fees
  • No minimum deposit
  • Quick and secure application process

Cons

  • Fairly low Standard rate

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