I have been banking with this bank for more than 20 years and wouldn't change it. It has competitive rates and they take good care of customers.
Bankwest is a reputable bank from the west Australian people. They have great savings accounts that enables you to totally save money each and every month with a 2.2% interest rate fo their hero saver which is really impressive. However the term deposit was a bit of a let down because it took me 31 days to finally access my money.
I like this bank because living in rural W.A. it is convenient, staff are friendly and helpful and although I would like a better interest rate on my money, I accept that it is just as good as any other bank.
It is sometimes frustrating as we cannot talk to someone direct. It is all online and they only have one branch on the Gold Coast which is far away from us.
I have been banking with bankwest for 50 years and always had awesome service from them. The best bank in western australia.
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Different interest rates apply to different amounts or different interest payment frequencies.
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