BankwestBankwest Easy Saver
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.
At a glance
- Up to
- 2.55%
- Base rate
- 2.35%
- Bonus rate
- 0.20%
- Intro rate
- 2.70%
- Monthly fee
- $0
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 2.55% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 51st highest of 51 |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 2.35% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 2nd highest of 43 |
Rates
Every rate Bankwest publishes for this account, 13 in all.
How the rate is made up
2.55%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusBonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. | - | - | up to $250,001 | 0.20% | - | paid every 1 mo; Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. |
| BonusBonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. | - | - | $1,000,001–$5,000,001 | 0.00% | - | paid every 1 mo; Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. |
| BonusBonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. | - | - | $250,001–$1,000,001 | 0.00% | - | paid every 1 mo; Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. |
| BonusBonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. | - | - | $5,000,001+ | 0.00% | - | paid every 1 mo; Bonus rates available from time to time for selected customers, bonus rates applied may vary. Terms and conditions may apply. |
| FixedAvailable only to eligible winners of the Interesting Rates Competition. The fixed promotional rate applies for four months on balances up to $250,000.99, then reverts to the standard variable Easy S… | - | - | up to $250,001 | 11.50% | - | paid every 1 mo |
| Introductory4 month variable introductory rate | - | - | up to $250,001 | 0.75% | - | paid every 1 mo |
| Introductory4 month variable introductory rate | - | - | $1,000,001–$5,000,001 | 2.70% | - | paid every 1 mo |
| Introductory4 month variable introductory rate | - | - | $250,001–$1,000,001 | 2.70% | - | paid every 1 mo |
| Introductory4 month variable introductory rate | - | - | $5,000,001+ | 2.70% | - | paid every 1 mo |
| VariableVariable Credit Interest. | - | - | up to $250,001 | 5.25% | - | paid every 1 mo |
| VariableVariable Credit Interest. | - | - | $1,000,001–$5,000,001 | 2.35% | - | paid every 1 mo |
| VariableVariable Credit Interest. | - | - | $250,001–$1,000,001 | 2.35% | - | paid every 1 mo |
| VariableVariable Credit Interest. | - | - | $5,000,001+ | 2.35% | - | paid every 1 mo |
Rate changes
4 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 10 Oct 2026 | Variable, up to $250,001 | 5.00% | 5.25% | up 0.25 |
| 10 Oct 2026 | Variable, $1,000,001–$5,000,001 | 2.10% | 2.35% | up 0.25 |
| 10 Oct 2026 | Variable, $250,001–$1,000,001 | 2.10% | 2.35% | up 0.25 |
| 10 Oct 2026 | Variable, $5,000,001+ | 2.10% | 2.35% | up 0.25 |
Each change is logged the night it appears in the rates Bankwest publishes. See how every lender answered the RBA on the rate tracker.
Fees
2 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 particular things happen1
- Search Handling Fee
For completion of any search conducted by the Bank (per search)
$40
Features
- 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 Set…
Eligibility and limits
- Minimum age 16
- Residency: Australian citizen or Australian permanent resident
- Available to individuals
- Amount up to $2,000,000
- 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).
Compare it with others
Put this product through a calculator
Published by Bankwest under the Consumer Data Right, last changed by them on 10 Oct 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.