based on 5922 Bankwest banking product reviews as rated by Mozo community

Bankwest savings accounts

Bankwest can help you reach your monetary goals with their selection of savings accounts. From kids' accounts that help them learn about saving through to a TeleNet Saver designed for phone and internet banking, their range can cater to your needs. Alternatively, you can view a range of savings accounts with our savings account comparison tools by visiting this page.

Bankwest offers the following savings accounts

Rates and fees verified as correct at 18 May 2022. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee
Easy Saver

0.35% p.a.(for $0 to $50,001)

No Current Offer

Yes up to $250,000

Hero Saver

0.01% p.a.(for $0 to $250,001)

0.70% p.a. (for $0 to $250,001)

Yes up to $250,000

Smart eSaver

0.01% p.a.(for $0 to $5,000,000)

0.25% p.a. (for $0 to $500,001)

Yes up to $250,000

How are Bankwest savings accounts rated?

Mozo users have rated Bankwest savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
Bankwest savings accounts
Overall
Price
Features
Customer service
Convenience
Trust

1377 Reviews

Recent Bankwest savings account reviews

Bankwest Savings Account
Overall 7/10
Good Interest rates, majority online/phone service

I would reccomend bankwest for anyone looking for a bank to open a savings account with. I have always found their interest rates competitive and their user interface straight forward. They have few in person stores so the majority of administrative communication needs to be done online or by phone. Whether this is a positive or negative is really down to your personal preference. I have sometimes found phone wait times inconvenient but for the most part the largely online nature of their service hasn't been an issue for me.

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I would reccomend bankwest for anyone looking for a bank to open a savings account with. I have always found their interest rates competitive and their user interface straight forward. They have few in person stores so the majority of administrative communication needs to be done online or by phone. Whether this is a positive or negative is really down to your personal preference. I have sometimes found phone wait times inconvenient but for the most part the largely online nature of their service hasn't been an issue for me.

Price
8/10
Features
6/10
Customer service
6/10
Convenience
5/10
Trust
10/10
Less
Jess, New South Wales, reviewed 20 days ago
Bankwest Easy Saver
Overall 1/10
Very bad service in Bankwest, do not recommend

Multiple issues with bank service. Very bad experience with Customer service, Complaint department, Fraud departments - had to submit the claim to AFCA.

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Multiple issues with bank service. Very bad experience with Customer service, Complaint department, Fraud departments - had to submit the claim to AFCA.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Oxana, Queensland, reviewed 7 months ago
Bankwest Savings Account
Overall 7/10
Bankwest - great customer service

No branches, only a few in Brisbane. Excellent customer service on the phone.

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No branches, only a few in Brisbane. Excellent customer service on the phone.

Features
6/10
Customer service
8/10
Convenience
8/10
Trust
7/10
Less
Chantelle, Queensland, reviewed 8 months ago
Bankwest Hero Saver
Overall 9/10
Open up a savings account with Bankwest!

Opened joint savings account with them early this year. Bank employees were so friendly and welcoming. Loving interest rates. Great customer service too when I called them before with an enquiry. Only con is limited branches/ATMs around, but it's savings account anyway.

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Opened joint savings account with them early this year. Bank employees were so friendly and welcoming. Loving interest rates. Great customer service too when I called them before with an enquiry. Only con is limited branches/ATMs around, but it's savings account anyway.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
7/10
Trust
10/10
Less
Claribel, New South Wales, reviewed 9 months ago

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