Bankwest Retirement Advantage Account
No foreign transaction fee
An everyday bank account with no maintenance fees that rewards you with interest. For those aged 55 and over.
- Overseas spending fee
- 0%
- Overseas ATM fee
- $0
- Digital wallets
- Apple, Google, Samsung
Monthly fee
Not published
Features
- Debit card
- Yes
- Apple, Google or Samsung Pay
- Apple Pay, Google Pay, Samsung Pay
- PayID
- Yes
- Overdraft available
- Not listed
Who can open it
- Age to open
- 55 and over
How it compares
Against the other everyday accounts we compare. Typical means the middle half of them.
Overseas spending fee
None
Of what you spend in another currency. Typical is 3%.
Overseas ATM fee
None
Each time you take cash out overseas. Typical is $5.
Pros and cons
Pros
- No overseas spending fee. Handy for travel and for shopping online from overseas sites.
- Pays interest. 2.55% on your balance, which most everyday accounts don't.
- PayID. People can pay you with your phone number or email instead of a BSB and account number.
- Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.
Cons
Nothing stands out.
Similar accounts
Everyday accounts from other banks with similar fees.
- Monthly fee
- $14
- Overseas spending fee
- 3.5%
- Monthly fee
- $10
- Overseas spending fee
- None
- Monthly fee
- $10
- Overseas spending fee
- 3.5%
