Bankwest Easy Transaction Account

$0.00

Apple Pay, Google Pay, PayID, Payment Ring

0% p.a.

Bankwest Easy Transaction Account

$0.00

Apple Pay, Google Pay, PayID, Payment Ring

0% p.a.

Mozo Review   Bankwest Easy Transaction Account Review

Last updated: 25 September 2019.

What's hot:
  • No ongoing fees

  • Deposit $4000 per month to be eligible for Platinum Debit MasterCard

What's not:
  • $5 overseas ATM fee

Mozo snapshot:

The Bankwest Easy Transaction Account has earned its name, with no monthly maintenance fee and no domestic electronic, cheque, phone or over the counter fees (withdrawal and deposit). Plus, you can avoid pesky ATM fees at over 10,000 major bank ATMs Australia wide within the Bankwest, Commonwealth, Westpac, NAB and ANZ networks.

Key features:

Bankwest Easy Alerts is a new feature on the Easy Transaction Account and helps you keep on top of your everyday banking by providing updates on your personal transaction and saving accounts.

With the Easy Transaction Account you'll pay no monthly maintenance fee, and there's no opening deposit or minimum balance required. And no matter the time or day, you can access your cash with 24 hour/7 days a week Bankwest online banking and phone banking.

Not only will you have great ATM access in Australia within the Bankwest, Commonwealth, ANZ, Westpac, NAB, St.George, Bank of Melbourne and Bank SA networks but you'll also be able to use your card wherever Mastercard is accepted around the globe with its Debit Mastercard. Speaking of Mastercard, the Easy Transaction Account lets you "tap and go" at the check out with Mastercard for purchases under $100.

If you're a big earner and deposit $4,000 a month you'll be eligible for the Platinum Debit Mastercard with exclusive benefits, including a complimentary concierge service, purchase security, extended warranty and dining, retail and entertainment privileges. 

Remember, just like most transaction accounts in Australia, there's no interest rate and the Easy Transaction Account has a $1,000 a day ATM withdrawal limit (or $2,000 at Bankwest and CBA ATMs). So if you're planning on splurging, plan ahead! 

If you happen to lose your card, the good news is you can put a temporary lock on it through the app until it turns up. But keep in mind, if you lose it for good and need a replacement, there is a $15 debit card replacement fee (free if your card is stolen). 

Who it's good for:

The Bankwest Easy Transaction Account is designed for Aussies over the age of 11 years of age, who are looking for a debit card with a large ATM network in Australia. It's also ideal for those who prefer banking face to face, with fee free withdrawal and deposits over the counter. 


Any catches?

Jet-setters beware, the Easy Transaction Account is not the card for big overseas spending with a hefty $5 overseas ATM withdrawal fee and a 2.95% foreign exchange fee on top of that. 

Details

Rates and fees information correct as at 18 November 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Balances from $0: 0.00% p.a.

  • n/a

  • n/a

Fees
  • $0.00

  • n/a

  • Unlimited domestic transactions from network ATMs, EFTPOS, cheque and counter withdrawals

  • $0.00

  • Bankwest, ANZ, Commonwealth, NAB, Westpac, St.George, BankSA, Bank of Melbourne

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $5.00

  • 2.95%

  • $0.00 monthly

Other financial bits
  • $0.00

  • $0.00

Features
  • $1,000.00

  • no

  • yes

  • no

  • yes

  • yes

  • yes

  • yes

  • *Other fees and charges including overseas ATM access fees and foreign transactions fees may apply.

  • Deposit $4000 per month to be eligible for Platinum Debit MasterCard with exclusive benefits.

Atm card
  • none

  • none

  • none

Debit card
  • $5.00

  • $0.00

  • 2.95%

Payment options

Apple Pay, Google Pay, PayID, Payment Ring

Customer Reviews

How are Bankwest bank accounts rated by the Mozo community?

Overall customer rating
8.0/10
Price
7.4/10
Features
6.9/10
Customer service
7.9/10
Convenience
7.9/10
Trust
7.9/10

Latest reviews of Bankwest Easy Transaction Account

  • Overall
    9/10
    Great customer service and online access.

    Great online services.

    Great online services.

    Price
    10/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    9/10

    Caroline | Western Australia

    reviewed 4 days ago

  • Overall
    8/10
    Good customer service, no issues.

    I like this bank as their internet banking is easy to use, no fees and I can withdraw cash...

    I like this bank as their internet banking is easy to use, no fees and I can withdraw cash overseas without a fee. That's a bonus as I don't have to use a separate cash card.

    Price
    6/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    7/10

    Allison | New South Wales

    reviewed 5 days ago

  • Overall
    10/10
    Great customer service and great credit card deal.

    Always helpful, no fees or hidden costs on account and easy to use online banking.

    Always helpful, no fees or hidden costs on account and easy to use online banking.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Julianne | Western Australia

    reviewed 7 days ago

  • Overall
    10/10
    Convenient.

    Always friendly and helpful.

    Always friendly and helpful.

    Price
    9/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10

    Kerrie | New South Wales

    reviewed 12 days ago

  • Overall
    8/10
    Great customer service and consideration.

    I like this bank because it's always been simple. I have banked with them since I was 10 years...

    I like this bank because it's always been simple. I have banked with them since I was 10 years old and never considered changing.

    Price
    8/10
    Features
    4/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    7/10

    Tori | Western Australia

    reviewed 21 days ago

Bankwest

About Bankwest

Bankwest is the bank best known for Making Banking Easier, an 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 Hero Saver. 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 Making Banking Easier, check out Bankwest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.

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