The Finance Algorithm
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Easy Transaction Account

Our Easy Transaction Account is an everyday spending account with no monthly maintenance fee

Savings & transaction accountsBank updated 23 Sept 2026

At a glance

Pricing
Rates on application
Monthly fee
$0
Platinum Debit Mastercard - Powder

Fees

8 fees published, grouped by when they're charged.

While you hold it1

  • Maintenance Fee

    No monthly maintenance fees apply to this product.

    No fee

When you make a transaction5

  • ATM Fee

    No ATM fees when you use major bank ATMs Australia-wide.

    No fee
  • Foreign Transaction Fee

    No foreign transaction fees.

    No fee
  • Overseas ATM Fee

    No Bankwest-charged overseas ATM access fees. The overseas bank may charge a fee for using their ATM.

    No fee
  • Cheque Withdrawal Fee

    No cheque withdrawal fees apply to this product.

    No fee
  • Electronic Withdrawal Fee

    There are no electronic or cheque withdrawal fees applicable to this account. There is no fee associated with ATMs operated by CommBank, ANZ, NAB and Westpac. Other ATM providers may charge a fee ( D…

    No fee

When particular things happen2

  • Cheque Stop Payment

    $15 fee to stop payment on an issued cheque. This fee is $25 when payment is stopped on a range of cheques.

    $15 to $25
  • Search Handling Fee

    For completion of any search conducted by the Bank (per search)

    $40

Features

Instant paymentsPayIDDigital banking2 additional cardsApple PayGoogle PaySamsung Pay
  • You can bank over the phone.
  • You can open up to 10 Bankwest Easy Transaction accounts to bucket your money
  • Cheque Access will no longer be available for Easy Transaction Accounts issued on or after 16 June 2023. After 20 March 2024, new or replacement chequebooks will not be available on any Bankwest Easy…
  • Create a goal, set up regular deposits and track your progress in the app.
  • Backed by Mastercard 24/7 Zero Liability Protection.
  • You can set up ongoing payments for things like bills or loan repayments.

Eligibility and limits

  • Minimum age 14
  • Residency: Australian citizen or Australian permanent resident
  • Available to individuals
  • There is a limit of ten accounts per person, whether as a single or joint account holder.
  • A maximum of two account holders is permitted on the account.

Published by Bankwest under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.