Bankwest Easy Saver
Bonus rateIntroductory rate
The Easy Saver Account is our flexible savings account that lets you earn credit interest on a tiered basis on all balances in the account with no minimum monthly deposit (you can also move your money in and out of your account without affecting your interest rate). Credit interest is calculated at the applicable rate on that portion of the balance which falls within each of the tiers.
- Base rate up to
- 5.25%
- Introductory rate
- 7.95%
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| $0 to $250,001 | 5.25% | +0.20% | 5.45% |
| $250,001 and over | 2.35% | None | 2.35% |
How to earn the bonus
Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply.
Who can open it
- Age to open
- 16 and over
- Maximum balance
- None published
Who it's for
- You don't have an existing Easy Saver Account already.
- You need an Easy Transaction Account (you can open one at the same time).
- You're the only account holder (no joint account holders).
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.45%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
5.25%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.45%, above the typical 3.65%. On $10,000 that's about $545 a year.
Cons
- Conditions for the bonus. Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. Miss them in a month and you earn the base rate.
- An intro rate. Part of the rate lasts a limited time, then drops, so check again when it ends.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.50%
- Bonus conditions
- None
- Most it pays
- 5.50%
- Bonus conditions
- None
- Most it pays
- 5.40%
- Bonus conditions
- Yes
