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BankWest TeleNet Saver

  • special interest rate

    6 .15 %
  • special rate conditions

    Special rate is variable and applies for 12 months from account opening.

  • standard interest rate

    4.50%

  • account fee per month

    $0.00

BankWest's overall rating for savings accounts is

7.5

(as rated by the Mozo community)

Rates

Rates
Balances from $0: 4.50%pa
Special Rates
Balances from $0: 6.15%pa
Special rate conditions
Special rate is variable and applies for 12 months from account opening.

Features

Atm access
no
Daily atm withdrawal limit
none
Branch access
no
Debit card
no
Cheque book
no
Phone banking
yes
Internet banking
yes
Bpay
no
Australia post banking
no
Salary direct credit facility
no
Other restrictions
Access account by transfering money to or from your linked bank account
Other benefits
none

Fees

Account fee
$0.00
Account fee waiver
none
Free transactions per month
unlimited free transactions from phone, internet.
Network ATM fee
none
ATM networks
none
Other bank ATM fee
none
Over the counter deposit fee
none
Over the counter withdrawal fee
none
Eftpos fee
none
Phone fee
$0.00
Internet fee
$0.00
Cheque fee
none

Other financial bits

Minimum opening deposit
$0.00
Minimum balance
$0.00
Interest paid
Monthly

This is how the Mozo community has rated BankWest for savings accounts.

Product Type Overall Price Features Service Convenience Trust
Overall 7.0 7.6 6.9 7.0 6.9 6.4
BankWest savings accounts 7.5 368 REVIEWS 7.3 6.0 7.5 7.7 7.5

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 Saver account.

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.

Some recent reviews of BankWest savings accounts

A Mozo reviewer from Queensland, a BankWest savings account customer. 7Overall Rating
  I like the childrens bonus saver product as it really does deliver on it's promise to charge no fees and to get the bonus interest. Reviewed 1 day ago  
  • 8Pricing
  • 8Product Features
  • 6Customer Service
  • 8Convenience
  • 8Trust
A Mozo reviewer from New South Wales, a BankWest savings account customer. 9Overall Rating
  There are no monthly bank fee's as long as my salaey is deposited into the account each month and I can then withdraw as much or as little as I please. This account is good for anyone, as long as you have it set up for regulary payments to be credited into it. Reviewed 2 days ago  
  • 9Pricing
  • 5Product Features
  • 9Customer Service
  • 10Convenience
  • 9Trust
Amanda from Western Australia, a BankWest savings account customer. 5Overall Rating
  Kids savings account. 10% interest pa if you put min $25/month in. Problem is maximum monthly addition is $250! AND you have to open a second acct to roll money into in 12 months. No you can't continue saving for your kids...you have to start again every 12 months. I have 2 kids & I now have 4 additional accounts to watch. What a waste of time. I'm sure they could do better for the kids. Reviewed 2 days ago  
  • 9Pricing
  • 0Product Features
  • 4Customer Service
  • 6Convenience
  • 4Trust
Anthony from Western Australia, a BankWest savings account customer. 7Overall Rating
  I think bankwest is good because it's from the west. Reviewed 14 days ago  
  • 4Pricing
  • 4Product Features
  • 5Customer Service
  • 8Convenience
  • 8Trust
 

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