Savings account

Hero Saver

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

Hero Saver

View on bank website ↗ 14+
5.10% p.a.
ongoing rate
Rate breakdown
Base rate: 0.65%
Bonus rate: + 4.45%
How to earn it

Your total deposits for the month (excluding interest) must exceed your total withdrawals - i.e. your balance must grow during the month. No set minimum deposit amount.

Rate current since 19 May 2026.

What to know

This page focuses on the ongoing rate: 5.10% p.a. That is the rate after any honeymoon period ends.

To earn the full rate, you need to meet these conditions: Your total deposits for the month (excluding interest) must exceed your total withdrawals - i.e. your balance must grow during the month. No set minimum deposit amount.

Eligibility: minimum age 14 .