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.
Bankwest Easy Alerts is a feature on the Easy Transaction Account that 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 24/7 with Bankwest's online banking and phone banking services.
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. 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. This comes 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).
The Bankwest Easy Transaction Account is designed for Aussies over the age of 11 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.
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.
Balances from $0: 0.00% p.a.
n/a
n/a
$0.00
n/a
Unlimited domestic transactions from network ATMs, EFTPOS, cheque and counter withdrawals
$0.00
Bankwest, Commonwealth
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$5.00
2.95%
$0.00 monthly
$0.00
$0.00
$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.
none
none
none
$5.00
$0.00
2.95%
Apple Pay, Google Pay, PayID, Payment Ring
Bankwest is an excellent personal service to country people do not like teller machines and do not do internet banking so over the counter by staff member is the best way to go they resolve any questions that need answered
Read full reviewBankwest is an excellent personal service to country people do not like teller machines and do not do internet banking so over the counter by staff member is the best way to go they resolve any questions that need answered
Their staff does not know their product and they were not helpful during Covid 19.
Read full reviewTheir staff does not know their product and they were not helpful during Covid 19.
I've been with Bankwest few a number of year now and never had a problem with them. There always friendly and always there to help you. And you never have to wait to long for someone to help
Read full reviewI've been with Bankwest few a number of year now and never had a problem with them. There always friendly and always there to help you. And you never have to wait to long for someone to help
The branches disappeared with no warning. But excellent phone service. I was hacked a few years ago and they were very quick to block my account then retrieve the money later.
Read full reviewThe branches disappeared with no warning. But excellent phone service. I was hacked a few years ago and they were very quick to block my account then retrieve the money later.
Bankwest are flexible and always there to get help when needed. I find there are less banks around these days.
Read full reviewBankwest are flexible and always there to get help when needed. I find there are less banks around these days.
Bankwest is all about making your finances simple. 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, which has promised to retain the Bankwest brand. So if you like the sound of simple banking, check out Bankwest's range of personal banking products including savings accounts, bank accounts, credit cards, home loans and more.
MyState Bank
Glide Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
UBank
USpend Transaction Account
$0.00
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
0% p.a.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
