Bankwest Premium Select

  • Bankwest
  • 5.34%

  • 5.35%

  • $0.00

  • $0

  • Bankwest
  • 5.24%

  • 5.24%

  • $0.00

  • $0

  • Bankwest
  • 5.29%

  • 5.29%

  • $0.00

  • $0

  • Bankwest
  • 5.24%

  • 5.24%

  • $0.00

  • $0

  • Bankwest
  • 5.24%

  • 5.24%

  • $0.00

  • $0

  • Bankwest
  • 5.19%

  • 5.19%

  • $0.00

  • $0

  • Bankwest
  • 5.19%

  • 5.19%

  • $0.00

  • $0

  • Bankwest
  • 5.14%

  • 5.14%

  • $0.00

  • $0

Currently showing:

Rates

Variable rate
5.34%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.35%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
Available for loans with LVR 75%-95%.

Other financial bits

Minimum loan amount
$200,000.00
Maximum loan amount
$749,999.00
Minimum LVR
none
Maximum LVR
95.00%

Rates

Variable rate
5.24%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.24%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
0.8% p.a. lifetime discount for borrowings up to 75% of property value. New borrowings only.

Other financial bits

Minimum loan amount
$200,000.00
Maximum loan amount
$749,999.00
Minimum LVR
none
Maximum LVR
75.00%

Rates

Variable rate
5.29%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.29%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
Available for loans with LVR 75%-95%.

Other financial bits

Minimum loan amount
$750,000.00
Maximum loan amount
$999,999.00
Minimum LVR
none
Maximum LVR
95.00%

Rates

Variable rate
5.24%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.24%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
0.8% p.a. lifetime discount for borrowings up to 75% of property value. New borrowings only.

Other financial bits

Minimum loan amount
$750,000.00
Maximum loan amount
$999,999.00
Minimum LVR
none
Maximum LVR
75.00%

Rates

Variable rate
5.24%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.24%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
Available for loans with LVR 75%-95%.

Other financial bits

Minimum loan amount
$1,000,000.00
Maximum loan amount
$1,499,999.00
Minimum LVR
none
Maximum LVR
95.00%

Rates

Variable rate
5.19%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.19%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
0.8% p.a. lifetime discount for borrowings up to 75% of property value. New borrowings only.

Other financial bits

Minimum loan amount
$1,000,000.00
Maximum loan amount
$1,499,999.00
Minimum LVR
none
Maximum LVR
75.00%

Rates

Variable rate
5.19%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.19%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
Available for loans with LVR 75%-95%.

Other financial bits

Minimum loan amount
$1,500,000.00
Maximum loan amount
$
Minimum LVR
none
Maximum LVR
95.00%

Rates

Variable rate
5.14%
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
5.14%
Fixed 1 year rate
-
Fixed 2 year rate
-
Fixed 3 year rate
-
Fixed 4 year rate
-
Fixed 5 year rate
-
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
-

Fees

Application fee
$0.00
Legal fee
$
Valuation fee
$
Settlement fee
$
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$0.00

Features

Repayment Frequency
Weekly, Fortnightly, Monthly
Extra repayments
yes - free
Repayment holidays
none
Redraw facility
yes, free
Minimum redraw amount
$1.00
Split account
no
Offset account
yes
Other restrictions
Offset available only with an optional Lite Direct Transaction Account
Other benefits
0.8% p.a. lifetime discount for borrowings up to 75% of property value. New borrowings only.

Other financial bits

Minimum loan amount
$1,500,000.00
Maximum loan amount
$
Minimum LVR
none
Maximum LVR
75.00%

About Bankwest

BankWest is the bank best known for its Happy Banking initiative, which aims to make banking a more positive experience. Originally from Western Australia, BankWest has attracted thousands of customers around the country with its competitively priced products such as the TeleNet Saveraccount. In late 2008 the bank was bought by the Commonwealth Bank, who have promised to retain the BankWest brand. So if you like the sound of Happy Banking, check out BankWest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.

How are Bankwest home loans rated by the Mozo community?

Product Type Overall Price Features Service Convenience Trust
Bankwest home loans 6.9 Based on 136
Bankwest home loan reviews
7.2 6.3 6.8 7.4 6.6

Read Bankwest home loan reviews by the Mozo community

Latest reviews of Bankwest Premium Select

    • Show Rates

      Competitive rates, awesome customer service

        1. Overall customer rating
        2. (Reviewed about 1 month ago)

      Pros very easy product to understand, use, online banking, open 7 days.       Full review 

      Pros very easy product to understand, use, online banking, open 7 days.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Jacob from New South Wales

      Was this review helpful?

      Yes
    • Show Rates

      Good rates good service

        1. Overall customer rating
        2. (Reviewed 2 months ago)

      I believe I have the best product at this stage. Interest rates are adjusted immediately and so far it is all good because they are coming down!!       Full review 

      I believe I have the best product at this stage. Interest rates are adjusted immediately and so far it is all good because they are coming down!!


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Michele from Western Australia

      Was this review helpful?

      Yes
    • Show Rates

      Easy to understand

        1. Overall customer rating
        2. (Reviewed 3 months ago)

      I am a single young person who doesn't have a huge amount of knowledge when it comes to home loans, however this Bankwest loan is easy to understand - I love that. No jargon or hidden 'agendas'. Every bank has fees but bankwest doesn't hide any of...       Full review 

      I am a single young person who doesn't have a huge amount of knowledge when it comes to home loans, however this Bankwest loan is easy to understand - I love that. No jargon or hidden 'agendas'. Every bank has fees but bankwest doesn't hide any of these!


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Kristy from Western Australia

      Was this review helpful?

      Yes
    • Show Rates

      Excellent home loan rates & customer service

        1. Overall customer rating
        2. (Reviewed 4 months ago)

      Very good home loan rates compared to the big 4. Staff are always helpful, it makes the whole experience stressfree.       Full review 

      Very good home loan rates compared to the big 4. Staff are always helpful, it makes the whole experience stressfree.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Puneet from New South Wales

      Was this review helpful?

      Yes
    • Show Rates

      Bankwest, banking done right!

        1. Overall customer rating
        2. (Reviewed 6 months ago)

      BankWest are a breathe of fresh air in the banking sector, offering innovative products, outstanding value and best home loan interest rates around. The branches are open on the weekend, and always filled with cheerful friendly staff. What's not t...       Full review 

      BankWest are a breathe of fresh air in the banking sector, offering innovative products, outstanding value and best home loan interest rates around. The branches are open on the weekend, and always filled with cheerful friendly staff. What's not to like?


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Lachlan from Victoria

      Was this review helpful?

      Yes
    • Show Rates

      Flexibility and ease of access

        1. Overall customer rating
        2. (Reviewed 6 months ago)

      A lifetime guarantee of 0.5% below their already low standard variable interest rate, combined with unlimited redraw access with online banking and no ongoing fees makes this product one of the best value mortgages around.       Full review 

      A lifetime guarantee of 0.5% below their already low standard variable interest rate, combined with unlimited redraw access with online banking and no ongoing fees makes this product one of the best value mortgages around.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Michelle from Queensland

      Was this review helpful?

      Yes
    • Show Rates

      Best rates on fuss.

        1. Overall customer rating
        2. (Reviewed 6 months ago)

      I have two home loans with Bankwest both which I have arranged over the phone with my busy life style it was all so easy.       Full review 

      I have two home loans with Bankwest both which I have arranged over the phone with my busy life style it was all so easy.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Mark from Victoria

      Was this review helpful?

      Yes
    • Show Rates

      Great rates and excellent customer service

        1. Overall customer rating
        2. (Reviewed 7 months ago)

      I love this home loan product. It has no monthly fees and has a low interest rate.       Full review 

      I love this home loan product. It has no monthly fees and has a low interest rate.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Stacey from New South Wales

      Was this review helpful?

      Yes
    • Show Rates

      good service overall

        1. Overall customer rating
        2. (Reviewed 9 months ago)

      have been very happy with the service from the provider       Full review 

      have been very happy with the service from the provider


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Joni from South Australia

      Was this review helpful?

      Yes
    • Show Rates

      Good customer service

        1. Overall customer rating
        2. (Reviewed 9 months ago)

      Comparing to other big 4 banks homeloan Bankwest got better offer and lower monthly repayment.       Full review 

      Comparing to other big 4 banks homeloan Bankwest got better offer and lower monthly repayment.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Manoj from Victoria

      Was this review helpful?

      Yes
    • Show Rates

      No frills easy banking

        1. Overall customer rating
        2. (Reviewed 10 months ago)

      Bankwest makes having a huge debt enjoyable! If only I had an iPad to make online banking easier...       Full review 

      Bankwest makes having a huge debt enjoyable! If only I had an iPad to make online banking easier...


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Grant from Queensland

      Was this review helpful?

      Yes
    • Show Rates

      Bank that appreciates and rewards customer loyalty

        1. Overall customer rating
        2. (Reviewed 10 months ago)

      The Premium Select Home Loan is a very flexible home loan with very competitive interest rates. You can pay extra into your account, and remove overpayments at the press of a button over internet banking. Bankwest appreciate our loyalty and have p...       Full review 

      The Premium Select Home Loan is a very flexible home loan with very competitive interest rates. You can pay extra into your account, and remove overpayments at the press of a button over internet banking. Bankwest appreciate our loyalty and have proved this by offering us tailored deals, including the waiving of fees, on at least two of our re-mortgages.


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Naomi from Western Australia

      Was this review helpful?

      Yes
    • Show Rates

      "BOB" is the best !!!

        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      Getting the home loan was a nightmare until I made a scene and it got transferred from the retail flunkies out the front to the actual bank manager and his assistant. Then we got some action and all is good now       Full review 

      Getting the home loan was a nightmare until I made a scene and it got transferred from the retail flunkies out the front to the actual bank manager and his assistant. Then we got some action and all is good now


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Jen from Western Australia

      1 person found this review helpful – do you?

      Yes
    • Show Rates

      Competitive rates and exceptional service

        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      This product has zero ongoing fees which is fantastic! The service in store is always very good and the staff are always happy to not only help, but explain the products in ways that are easy to understand. The call centre on the other hand is a l...       Full review 

      This product has zero ongoing fees which is fantastic! The service in store is always very good and the staff are always happy to not only help, but explain the products in ways that are easy to understand. The call centre on the other hand is a little hit and miss. This product is comparable to a few other banks, however I feel there customer service wins me over. Its not every day you see a bank not only open late on a Thursday night (9pm), but 7 days a week!


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Julian from Queensland

      1 person found this review helpful – do you?

      Yes
    • Show Rates

      Good rates, great facilities, good attitude

        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      This product is great because it gives a very competitive interest rate with great facilities and the bank itself is very approachable and progressive       Full review 

      This product is great because it gives a very competitive interest rate with great facilities and the bank itself is very approachable and progressive


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Tim from New South Wales

      2 people found this review helpful – do you?

      Yes
    • Show Rates

      Good rates and great customer service

        1. Overall customer rating
        2. (Reviewed about 1 year ago)

      Competitive products almost matching those credit unions yet they are a bank!       Full review 

      Competitive products almost matching those credit unions yet they are a bank!


        1. Price
        1. Features
        1. Service
        1. Convenience
        1. Trust
      Less
      Bankwest Premium Select home loan review by Peter from New South Wales

      1 person found this review helpful – do you?

      Yes

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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