A savings account that rewards you for growing your balance
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 5.25% | Bonus · $0–$250,001 | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Not compared in rate tables Lender's staff | CDR | 1 Nov 2026 |
| 0.00% | Bonus · $250,001–$5,000,001 | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Not compared in rate tables Lender's staff | CDR | 1 Nov 2026 |
| 0.00% | Bonus · $5,000,001 or more | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Not compared in rate tables Lender's staff | CDR | 1 Nov 2026 |
| 0.10% | Variable · $0–$250,001 | Bonus conditions are described in the lender's own words; see the lender's page Lender's staff | CDR | 1 Nov 2026 |
| 0.10% | Variable · $250,001–$5,000,001 | Bonus conditions are described in the lender's own words; see the lender's page Lender's staff | CDR | 1 Nov 2026 |
| 0.00% | Variable · $5,000,001 or more | Bonus conditions are described in the lender's own words; see the lender's page Lender's staff | CDR | 1 Nov 2026 |
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Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://open-api.bankwest.com.au/bwpublic/cds-au/v1/banking/products/b7c55febbeab43e1b0969f28c617f780- Content hash
sha256 da3b110d6beef7d64495315e1961ad46bc82080608b58cd07bfa3ec659b4a0ff- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_da3b110d6beef7d6_7bedb6e7Show details
- Checked
- 1 Nov 2026
- URL
https://open-api.bankwest.com.au/bwpublic/cds-au/v1/banking/products/b7c55febbeab43e1b0969f28c617f780- Content hash
sha256 da3b110d6beef7d64495315e1961ad46bc82080608b58cd07bfa3ec659b4a0ff- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| Maintenance Fee | Periodic | $0.00 |
| Search Handling Fee | Event | $40.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | You can bank over the phone. | |
| Npp payid | Get paid faster and easier by sending your mobile number and email address instead of your BSB and account number. | |
| Npp enabled | Get paid faster and easier by transferring funds using your mobile number and email address instead of your BSB and account number. | |
| Digital banking | Bank on the go with the Bankwest App. Use Bankwest Online Banking (BOB) to access your money and manage your everyday banking subject to conditions of use. Limits may apply. | |
| Other | Direct credits to the account are permitted. | |
| Other | Create a goal, set up regular deposits and track your progress in the app. | |
| Other | To receive bonus interest, make at least one deposit of any amount (excluding interest) on or before the close of business on the last business day of the month, where you make a withdrawal the total deposits exceeds the total withdrawals made during the month. | |
| Other | No maximum monthly deposit limit. | |
| Notifications | Alerts | Set up Alerts through the Bankwest App to get notified about important account activity. |
| Eligibility: min age | 14 | The Hero Saver is an interest bearing account for personal customers. If applying through staff assisted channels, be aged 14 years or older. If applying through online channels, be aged 16 years or older. Effective 4 May 2026, the applicant cannot be a trustee of any trust. Additional eligibility criteria apply to joint accounts. |
| Eligibility: natural person | The Hero Saver is an interest bearing account for personal customers aged 14 years or older. If applying through staff assisted channels, be aged 14 years or older. If applying through online channels, be aged 16 years or older. Effective 4 May 2026, the applicant cannot be a trustee of any trust. Additional eligibility criteria apply to joint accounts. | |
| Eligibility: other | 1 | There is a limit of one account per person, whether as a single or joint account holder. |
| Eligibility: other | 2 | A maximum of two account holders is permitted on the account. Additional eligibility criteria apply for joint accounts. |
| Eligibility: residency status | Australian citizen or Australian permanent resident | Customer must have a residential address in Australia (limited exceptions may apply subject to conditions) |
| Limit: opening balance | 0.00 |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Variable · $5,000,001 or more | 1 Nov 2026 | Current | 0.00% |
| Bonus · $5,000,001 or more | 1 Nov 2026 | Current | 0.00% |
| Bonus · $0–$250,001 | 1 Nov 2026 | Current | 5.25% |
| Bonus · $250,001–$5,000,001 | 1 Nov 2026 | Current | 0.00% |
| Variable · $250,001–$5,000,001 | 1 Nov 2026 | Current | 0.10% |
| Variable · $0–$250,001 | 1 Nov 2026 | Current | 0.10% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
pricing:bonus-unstated | Bonus conditions in the lender's own words | A total rate can't be worked out, so the product is display only |
eligibility:staff | Lender's staff | Filter; shown in the row |
bonus-conditions-free-text | Reason this product is not ranked | |
bonus-base-relationship-unstated | Reason this product is not ranked | |
Registered channels
Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.People registered for this product
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