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.
In 2020, Bankwest were also named a Mozo People’s Choice Award winner in the Customer Satisfaction - Credit Cards category. 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.
Our interest is absurdly high.
Shutting branches was ridiculous
The Qantas Platinum BankWest card is an affordable rewards credit card for those who just spend an average amount on their cards each month . The annual fee is $160 which is not to bad for a rewards card and what is get is that overseas transactions do not incur any fees (unlike many cards which charge around 3%). The points earn rate is not the best but still enough to earn a few thousand points every month with an average family spend.
Closed down all of the local branches meaning we are unable to visit in person for any transactions. Only select atm accept deposits, even though they say we can use the Commonwealth Banks ATMs for free, I'm yet to do this successfully. The rewards scheme attached to our credit card was changed last year, meaning our annual bonus rewards was removed. We are charged $395 a year to have our home loan with them, yet they are unable to tell us how this is benefitting us.
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
