BankWest TeleNet Saver

BankWest
Headline interest rate
3.95%
Monthly fee
-
Account type
Savings

Moneybuddy says

High return savings account from BankWest with easy access to your money online or with telephone banking, and no fees or minimum deposit. Rate is variable but a very competitive one. Voted Money Magazine's "Best Online Savings Account" four years running.

The Basics

Interest paid Monthly

Interest calculated Daily

Headline interest rate 3.95%

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 Yes

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

Our award winning Bankwest TeleNet Saver Account offers a high variable interest rate because people like getting the best, especially on their savings!

Perhaps that is why TeleNet Saver has been awarded 'Best Online Savings Account' four years in a row by Money Magazine.

You can access your cash via phone and online banking whenever you need to, 24/7.

3.95%p.a. 12 month variable intro rate, 3.15% p.a. standard interest rate, no fees and no minimum deposit, new TeleNet customers only, 24/7 access to your money via phone and online banking deposits up to $1m guaranteed by the Federal Government

Key features

  • 3.95%p.a. 12 month variable intro rate
  • 3.15% p.a. standard interest rate
  • no fees and no minimum deposit
  • new TeleNet customers only
  • 24/7 access to your money via phone and online banking deposits up to $1m guaranteed by the Federal Government

Pros

  • High rate
  • No fees
  • No minimum deposit
  • Easy access to money

Cons

  • Rate is variable
  • Not available to all - Australian residents only (resident for tax purposes invalid)

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