BankWest Regular Saver

Headline interest rate
5%

Monthly fee
-

Account type
Savings

Moneybuddy says

Savings account offering a huge 6% and no fees. Limited to deposits of less than $500 (and over $50) per month, and not allowing withdrawals (in order to qualify for the 6% interest rate each month), this savings account will still appeal for its rate - 'Australia's highest savings rate'. Voted Money Magazine's Best Start Up savings account.

The Basics

Interest paid Monthly

Interest calculated Daily

Headline interest rate 5%

Monthly fee -

Account type Savings

The cool stuff: features

ATM access No

EFTPOS access No

Branch access No

Online access No

Age restrictions No

Cheque book facility No

Debit card No

BPAY No

GiroPost No

Phone access No

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

We figured Australia's highest savings interest rate would make people happier, so here it is.

Simply deposit between $50 and $500 per month, with no withdrawals and we'll reward you with 6% p.a. interest and no account fees!

We know you work hard for you money and now it can work hard for you with the BankWest Regular Saver.

6% p.a. and a range of other features:

Earn interest on your interest - it's calculated daily and paid monthly, No account fees, Link your Regular Saver to an eligible BankWest linked account, 24/7 access with online and phone banking