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  • Bankwest savings account reviews

    How are Bankwest savings accounts rated by the Mozo community?

    80%

    Overall Mozo Community rating: 8.0 out of 10

    Bankwest savings accounts

    Overall rating: 8.0 (183 reviews)

    Last reviewed: 31 January 2012


    1. Overall customer rating
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    Reviews: 592

    Thumbs up: 537 | Thumbs down: 55

    Featured savings account from Bankwest

    • Regular Saver
    • special rate

      6.50%
    • account fee

      $0.00

    Other savings accounts

    • Virgin Saver
    • special rate

      5.85%
    • account fee

      $0.00
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    • Online Saver
    • special rate

      6.00%
    • account fee

      $0.00
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    Recent Bankwest savings account reviews

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

      The pros of the telenet savings a/c are the high interest rate. For the first 12 months there is an extra interest rate added to your a/c. I have discovered no cons so far.       Full review 

      The pros of the telenet savings a/c are the high interest rate. For the first 12 months there is an extra interest rate added to your a/c. I have discovered no cons so far.


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      Bankwest savings account reviewed by Tony from Western Australia

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

      VERY FRIENDLY CUSTOMER SERVICE AND THEY EXPLAIN EVERYTHING EASILY AND IN PLAIN ENGLISH.       Full review 

      VERY FRIENDLY CUSTOMER SERVICE AND THEY EXPLAIN EVERYTHING EASILY AND IN PLAIN ENGLISH.


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      Bankwest savings account reviewed by Brett from Western Australia

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        2. (Reviewed 10 days ago)

      Bankwest were a real player years ago with good interest rates on their savings accounts however since being bought out by Commonwealth Bank are no longer worth mentioning when it comes to their savings accounts.       Full review 

      Bankwest were a real player years ago with good interest rates on their savings accounts however since being bought out by Commonwealth Bank are no longer worth mentioning when it comes to their savings accounts.


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      Bankwest savings account reviewed by David from New South Wales

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        1. Overall customer rating
        2. (Reviewed 12 days ago)

      It has a high interest rate for people who don't have enough money to put into a term deposit account. Bankwest also has a higher interest rate for children's accounts.       Full review 

      It has a high interest rate for people who don't have enough money to put into a term deposit account. Bankwest also has a higher interest rate for children's accounts.


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      Bankwest savings account reviewed by Sonnya from New South Wales

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        2. (Reviewed 12 days ago)

      Good interest rates and easy to use internet features.       Full review 

      Good interest rates and easy to use internet features.


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      Bankwest savings account reviewed by Mike from Western Australia

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        1. Overall customer rating
        2. (Reviewed 12 days ago)

      Can only deposit and transfer from linked accounts which can be inconvienient, interest rate is good providing you don't withdraw during the month.       Full review 

      Can only deposit and transfer from linked accounts which can be inconvienient, interest rate is good providing you don't withdraw during the month.


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      Bankwest savings account reviewed by Renate from Queensland

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    • Great customer service.

        1. Overall customer rating
        2. (Reviewed 12 days ago)

      Ease of use. No hidden fees, they were explained well. Very relaxed, friendly feeling at local branch.       Full review 

      Ease of use. No hidden fees, they were explained well. Very relaxed, friendly feeling at local branch.


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      Bankwest Regular Saver savings account reviewed by Shona from Victoria

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        2. (Reviewed 13 days ago)

      I have been with Bankwest for a few years now and I must say that that's my favourite bank. They keep their promises, they're sustainable, honest, and they have great interest rates and no fees. I would recommend them to everybody.       Full review 

      I have been with Bankwest for a few years now and I must say that that's my favourite bank. They keep their promises, they're sustainable, honest, and they have great interest rates and no fees. I would recommend them to everybody.


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      Bankwest savings account reviewed by Jitka from New South Wales

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        1. Overall customer rating
        2. (Reviewed 18 days ago)

      Hero bank account pays you 5% interest up to $5000 and allows you an interest free $100 overdraft facility. A Debit Mastercard is linked too! Overall a good account to have and PLENTY of ATMs around because you can use Commonwealth (BankWest owner...       Full review 

      Hero bank account pays you 5% interest up to $5000 and allows you an interest free $100 overdraft facility. A Debit Mastercard is linked too! Overall a good account to have and PLENTY of ATMs around because you can use Commonwealth (BankWest owners) for free!


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      Bankwest savings account reviewed by J from Western Australia

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        1. Overall customer rating
        2. (Reviewed 26 days ago)

      When travelling interstate, we remained loyal to Bankwest even though there were no facilities in the eastern states such as BankWest ATM's or branches etc, therefore we were being charged additional fees to use other banks ATM's. However we remai...       Full review 

      When travelling interstate, we remained loyal to Bankwest even though there were no facilities in the eastern states such as BankWest ATM's or branches etc, therefore we were being charged additional fees to use other banks ATM's. However we remained loyal to Bankwest even though we were paying a large amount of transaction fees. But when we wanted to get a small personal loan through them, it was an extremely difficult task and they would not provide any additional support in sending us the paperwork to sign and their customer service gave us the run around, therefore we closed our accounts and opened new ones with Commonwealth who have been fantastic to this day, and we now have several different accounts and have had numerous loans with Commonwealth.


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      Bankwest savings account reviewed by Beckie from Western Australia

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        1. Overall customer rating
        2. (Reviewed 27 days ago)

      10 percent bonus interest, on our bonus saver account for our children under 16. It's also the only place in SA you can change the pin number.       Full review 

      10 percent bonus interest, on our bonus saver account for our children under 16. It's also the only place in SA you can change the pin number.


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      Bankwest savings account reviewed by Chris from South Australia

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        1. Overall customer rating
        2. (Reviewed 27 days ago)

      Bankwest Smart eSaver. 5.5%pa interest when no withdrawals in a month, reduced to 4%pa for the month if you make a withdrawal. Money accessible 24/7, though you can only transfer to a single nominated account. The nominated account can be with fi...       Full review 

      Bankwest Smart eSaver. 5.5%pa interest when no withdrawals in a month, reduced to 4%pa for the month if you make a withdrawal. Money accessible 24/7, though you can only transfer to a single nominated account. The nominated account can be with financial institution, though for quick access, It'd need a Bankwest transaction account or you'd have to wait overnight for the transfer to occur.


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      Bankwest savings account reviewed by David from Australian Capital Territory

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        1. Overall customer rating
        2. (Reviewed 27 days ago)

      I changed to Bankwest a year ago taking out a home loan, credit card, everyday account and savings account. This was mainly done online and trouble free. There is also a branch within 15km which is open all day Saturday for added convenience. Staf...       Full review 

      I changed to Bankwest a year ago taking out a home loan, credit card, everyday account and savings account. This was mainly done online and trouble free. There is also a branch within 15km which is open all day Saturday for added convenience. Staff have always been very friendly and helpful. Would recommend to anyone.


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      Bankwest savings account reviewed by Angela from New South Wales

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        1. Overall customer rating
        2. (Reviewed 27 days ago)

      Another good online product. I have already rated my other one, but this one is worthy also. Convenient with easy access anywhere in the world. Only minus, not as good a rate, but still worthy of a mention.       Full review 

      Another good online product. I have already rated my other one, but this one is worthy also. Convenient with easy access anywhere in the world. Only minus, not as good a rate, but still worthy of a mention.


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      Bankwest savings account reviewed by Vicki from New South Wales

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        2. (Reviewed 27 days ago)

      Highest kids saving account interest rate we could find. Amazing in branch personal service. My son loves going to the branch. Just remember that you have to deposit $25 minimum a month to recieve the amazing interest rate.       Full review 

      Highest kids saving account interest rate we could find. Amazing in branch personal service. My son loves going to the branch. Just remember that you have to deposit $25 minimum a month to recieve the amazing interest rate.


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      Bankwest savings account reviewed by Sue from Queensland

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        1. Overall customer rating
        2. (Reviewed 27 days ago)

      I have had a savings account with this bank for some time now and they seem to be competitive interest wise and have wise helpful customer service. So overall I am fairly happy with my bank       Full review 

      I have had a savings account with this bank for some time now and they seem to be competitive interest wise and have wise helpful customer service. So overall I am fairly happy with my bank


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      Bankwest savings account reviewed by Janet from Western Australia

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        1. Overall customer rating
        2. (Reviewed 27 days ago)

      Great deals and absolutely no fees on this account. Access your funds when ever needed via online transfers. Interest rate is very competitive. Neat and easy savings account.       Full review 

      Great deals and absolutely no fees on this account. Access your funds when ever needed via online transfers. Interest rate is very competitive. Neat and easy savings account.


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      Bankwest savings account reviewed by Bec from Western Australia

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

      The best bank i would recommend it to any one I'm so happy with Bankwest and you will be to.       Full review 

      The best bank i would recommend it to any one I'm so happy with Bankwest and you will be to.


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      Bankwest savings account reviewed by Shalane from Western Australia

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        2. (Reviewed about 1 month ago)

      Bankwest is a very good bank. Specially high interest savings accounts, online savings accounts & kids' savings account are awesome ...Our friend's relatives & we are all so happy with this Bank.. we recommend it to everyone..       Full review 

      Bankwest is a very good bank. Specially high interest savings accounts, online savings accounts & kids' savings account are awesome ...Our friend's relatives & we are all so happy with this Bank.. we recommend it to everyone..


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      Bankwest savings account reviewed by Amlan from New South Wales

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

      A great bank - excellent products, friendly helpful staff and fast service and no account fees. Could only be improved by having a branch in Canberra.       Full review 

      A great bank - excellent products, friendly helpful staff and fast service and no account fees. Could only be improved by having a branch in Canberra.


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      Bankwest savings account reviewed by Deborah from Australian Capital Territory

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

      Childrens savings account is great, just be careful on the roll over feature at the end of the year. It moves the years savings into another account with a tiny interest rate. The Bankwest assistant gave me the tip to just roll the money back into...       Full review 

      Childrens savings account is great, just be careful on the roll over feature at the end of the year. It moves the years savings into another account with a tiny interest rate. The Bankwest assistant gave me the tip to just roll the money back into the higher rate account, just making sure you don't go over the monthy savings limit. Great stuff.


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      Bankwest savings account reviewed by Rick from New South Wales

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

      While the branch network isn't always extensive, they do have banks in shopping centres with late night and weekend opening hours. The hero account has unlimited transactions over the counter as well as electronic/atm for cba & bankwest atms. They...       Full review 

      While the branch network isn't always extensive, they do have banks in shopping centres with late night and weekend opening hours. The hero account has unlimited transactions over the counter as well as electronic/atm for cba & bankwest atms. They also currenly pay 5% with is pretty good too.


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      Bankwest savings account reviewed by Bruce graham from Victoria

      2 people found this review helpful – do you?

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

      Bankwest staff were willing to discuss better interest rates with me than my former bank (or any other bank for that matter) was able to when I was wanting to look at investing thousands of dollars in term deposits. The staff were also extremely ...       Full review 

      Bankwest staff were willing to discuss better interest rates with me than my former bank (or any other bank for that matter) was able to when I was wanting to look at investing thousands of dollars in term deposits. The staff were also extremely helpful and friendly making every effort to find the best situation for my investments. For this reason I swapped my savings account over to Bankwest as well as my long term investment accounts.


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      Bankwest savings account reviewed by Holli from Western Australia

      1 person found this review helpful – do you?

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

      I like this product because I know that my money is safe. They are giving me a good interest rate on my savings. I dislike this product because I think they should give an extra incentive for saving and for being a loyal customer for over 40 years.       Full review 

      I like this product because I know that my money is safe. They are giving me a good interest rate on my savings. I dislike this product because I think they should give an extra incentive for saving and for being a loyal customer for over 40 years.


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      Bankwest savings account reviewed by Suzanne from Western Australia

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        2. (Reviewed 2 months ago)

      This has been an easy going savings account with some bonus extras that made choosing this bank well worthwhile. I love being able to use the Debit Mastercard with my savings account. They also set up our internet banking and linked everything b...       Full review 

      This has been an easy going savings account with some bonus extras that made choosing this bank well worthwhile. I love being able to use the Debit Mastercard with my savings account. They also set up our internet banking and linked everything between my Husband and I. The extra bonus that I think is great is that they have free Hot Drinks Machine in their Banks, gives you such a nice welcome feeling.


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      Bankwest savings account reviewed by a Mozo reviewer from Queensland

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        2. (Reviewed 3 months ago)

      I Love my savings a/c with bankwest. I have had no problems with them over the years, I feel very secure with them. very easy to use phone and internet. Staff are always friendly.       Full review 

      I Love my savings a/c with bankwest. I have had no problems with them over the years, I feel very secure with them. very easy to use phone and internet. Staff are always friendly.


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      Bankwest savings account reviewed by Kathrine from Victoria

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        2. (Reviewed 3 months ago)

      No other bank beats the Bankwest Telenet Savings Account! Telenet delivers outstanding customer service and product excellence exceeding my expectations. Its generous interest rate, low fees, rewards, options, accessibility of information and mo...       Full review 

      No other bank beats the Bankwest Telenet Savings Account! Telenet delivers outstanding customer service and product excellence exceeding my expectations. Its generous interest rate, low fees, rewards, options, accessibility of information and money are unparalleled with among all other other banks!!


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      Bankwest savings account reviewed by Mark from New South Wales

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        2. (Reviewed 3 months ago)

      Interest rate has dropped significantly since I signed up which is pretty disappointing otherwise, easy to run account.       Full review 

      Interest rate has dropped significantly since I signed up which is pretty disappointing otherwise, easy to run account.


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      Bankwest savings account reviewed by Kirsty from Victoria

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        2. (Reviewed 3 months ago)

      The Kids Bonus Saver is a great product if you are trying to save money for your children. It's got an incredible interest rate (albeit with a capped monthly deposit).       Full review 

      The Kids Bonus Saver is a great product if you are trying to save money for your children. It's got an incredible interest rate (albeit with a capped monthly deposit).


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      Bankwest savings account reviewed by Alastair from New South Wales

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        2. (Reviewed 3 months ago)

      I like this product well. It's a good account for my savings to go into and the ladies in there know what they are talking about. Maybe try to reduce the overdrawn fees and other fees used by other banks.       Full review 

      I like this product well. It's a good account for my savings to go into and the ladies in there know what they are talking about. Maybe try to reduce the overdrawn fees and other fees used by other banks.


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      Bankwest savings account reviewed by Rachael from Western Australia

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