Bankwest TeleNet Saver

Bankwest
Headline interest rate p.a.
-
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.

The Basics

Interest paid Monthly

Interest calculated Daily

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 Yes

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 -

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Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Bankwest says

TeleNet Saver is offering a great variable Special Introductory Rate of *.**% 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, ** hours a day, * days a week.

Key features

  • Goes to variable Standard Rate after ** months, now *.**% p.a.
  • No fees and no minimum deposit
  • New TeleNet Saver customers
  • $*m 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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