Bankwest TeleNet Saver
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.
The Basics
Interest paid Monthly
Interest calculated Daily
Headline interest rate 6.15%
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 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
TeleNet Saver is offering a great variable Special Introductory Rate of 6.15% p.a. Plus, there’s absolutely no fees and no minimum balance. That's nuts! Don't forget, if you're an existing TeleNet Saver customer in your introductory period, you get the variable Special Introductory Interest Rate for the remainder of your introductory period. With TeleNet Saver, your money is at call so you can access your cash via Bankwest Online Banking whenever you need to, 24 hours a day, 7 days a week.
Key features
- Goes to variable Standard Rate after 12 months, now 4.50% p.a.
- No fees and no minimum deposit
- New TeleNet Saver customers
- $5m maximum investment
- Rates subject to change
Pros
- High rate
- No fees and no minimum deposit
Cons
- Rate is variable
Terms & conditions
*Rates current as at 13 May 2010 and subject to change. For details, see the Interest Rate Schedule.
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