Bankwest Easy Saver
savings accountlinked accountterms checked
Easy Saver is a savings account from Bankwest. At $50,000 it pays 5.50% p.a. with no bonus conditions; 6.25% for the first 4 months.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays, intro the rate in the introductory period.
| Balance | Base | Intro |
|---|---|---|
| $0 – $250,000.99stepped: paid on the part of the balance in this band | 5.50% | 6.25% |
| $250,001+stepped: paid on the part of the balance in this band | 2.60% | 5.30% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
The intro column is the rate for the first 4 months of a new account, an add-on to the base rate for that period; after it the account pays its base rate, 5.50% at $50,000.
Conditions
- no intro rate if you held an Easy Saver whose intro rate expired in the last 2 years
Introductory rate conditions: 4 month variable introductory rate.
Bonuses the ranking leaves out, because the feed limits them to some people only (an age band, selected customers, new arrivals):
- 0.10% on $0 – $250,000.99: Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply.
- 0.20% on $250,001 – $1,000,000.99: Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply.
- 0.20% on $1,000,001 – $5,000,000.99: Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply.
- 0.20% on $5,000,001+: Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply.
Features
- app
- yes
- notifications
- yes
- joint accounts
- no
Other features, in the bank's words:
- You can bank over the phone.
- Create a goal, set up regular deposits and track your progress in the app.
- Transferring funds in and out can only be made by via your linked Bankwest Easy Transaction Account with the exception of deposits via international money transfers and/or via the Real-Time Gross Settlement payment system.
Fees, limits and who can open it
- monthly fee
- $0
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 16 and over
- open to
- personal customers
- linked account
- a linked or nominated transaction account is required
Who can open it, in the bank's own words:
- 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).
- residency: Customer must have a residential address in Australia (limited exceptions may apply subject to conditions): Australian citizen or Australian permanent resident
About this account
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.
Data
- Bankwest's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: high-interest; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/bankwest.json: this bank's accounts and every balance band as JSON; Bankwest's page lists them.- The bank last updated this record on 13 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Bankwest
- Hero Saver savings account, 5.50% conditional at $50,000
- Retirement Advantage Account savings account, 1.25% base at $50,000
- Easy Transaction Account transaction account
All of Bankwest's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice, bonus interest is paid only in the months an account's conditions are met, and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.