Bankwest Smart eSaver

Bankwest
Headline interest rate p.a.
-
Monthly fee
-
Account type
Savings

Moneybuddy says

Bankwest Smart eSaver is a high interest online savings account. Bankwest offers a variable Smart Rate of *.**% 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 p.a. -

Monthly fee -

Account type Savings

The cool stuff: features

ATM access -

EFTPOS access -

Branch access -

Internet Banking Yes

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access -

The Facts & Figures

Balance less than $1k (p.a.) -

Balance less than $5k (p.a.) -

Balance less than $25k (p.a.) -

Balance greater than $100k (p.a.) -

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 product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.

Bankwest says

Grow your savings faster with our new high interest savings account. Get our Smart Rate of *.**% p.a. variable each month you make no withdrawals,or our Standard Rate of *.**% p.a. variable if you do.

Plus, with the Smart eSaver online savings account we'll also guarantee that our variable Standard Rate will at least match the RBA official cash rate until **/**/****. Of course, there are no fees and no minimum deposit.

Key features

  • Takes only minutes to complete!
  • ***% secure application process
  • *.**% p.a. variable Smart Rate each month you make no withdrawals
  • *.**% p.a. variable Standard Rate each month you make a withdrawal
  • No fees and no minimum deposit

Pros

  • *.**% 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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