Savings account

Bankwest Easy Saver

Current savings rate from Bankwest. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.

Bankwest Easy Saver

View on bank website ↗ 16+

5.00% p.a.

ongoing rate

Rate breakdown

Base rate: 5.00%

How to earn it

Introductory rate

5.75% for 4 months

Then reverts to 5.00% ongoing rate.

Rate current since 19 May 2026.

What to know

This page focuses on the ongoing rate: 5.00% p.a. That is the rate after any honeymoon period ends.

Eligibility: minimum age 16 .

About Bankwest

Bankwest is an Australian challenger bank offering three savings accounts with distinct target audiences. The Hero Saver is the flagship product, paying a competitive bonus rate when your account balance grows month over month — there's no minimum deposit amount specified, any net growth in the calendar month (excluding interest) qualifies, and Bankwest limits customers to one Hero Saver account each. The Easy Saver account is available to customers aged 16 and over, with an introductory rate and an ongoing rate made up of a base rate and a bonus rate, though bonus rates are offered selectively and conditions apply. The Retirement Advantage Account is restricted to customers aged 55 and over and pays a modest rate.

Deposits with Bankwest are protected under the Financial Claims Scheme up to $250,000 per account holder per ADI.

Compare more accounts

No-conditions accounts

Earn the full rate without monthly hoops

Accounts above 5%

Every account currently paying 5.00% p.a. or more

Large balance accounts

Accounts with bonus rate caps above $100k

The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.

Bankwest Easy Saver