People like watching things grow, especially savings! That's why BankWest TeleNet Saver is offering our highest variable online rate of 6.35% p.a.*
A winning combination – Big Rate, No Fees
We've taken the ease and convenience of online banking and added a new variable promotional rate of 6.35%p.a.* Plus, there’s absolutely no fees and no minimum balance.
Easy Access
With TeleNet Saver, your money is at call so you can access your cash via BankWest Online Banking whenever you need to, 24 hours a day, 7 days a week.
Awarded and Trusted
BankWest is an established Australian bank that first opened its doors in 1895 in
Western Australia.
If you have a Business, manage your own Super or have a Trust Fund you might also be interested in our Business TeleNet Saver product.
Money magazine's Best of the Best 2008 award compared online savings accounts based on a 2 year investment of $5000. The account that yields the best returns is awarded gold, BankWest TeleNet has taken this award out 3 years running.
CANNEX star ratings are a consumer- friendly benchmark that help you compare financial products based on their rates and features. Thousands of products from hundreds of finance institutions are evaluated and only the top 5% of products scored using the CANNEX Star Ratings methodology are awarded the prestigious five star status. As a consumer, this provides confidence in a high-performance product.
We are so confident with our online security system that we guarantee your money and personal details will be safe when you use BankWest Online Banking. This is provided you have complied with our BankWest Online Banking Product Disclosure Statement and neither you nor any authorised user on your behalf have contributed to the loss. If you do have a loss resulting from an unauthorised transaction in BankWest Online Banking, then subject to the previous paragraph, we will reimburse you the full amount of any funds lost.
- No fees and no minimum deposit
- Variable Promotional Rate of 6.35% p.a. on balances up to $5million per customer *
- Promotional rate paid until 1 January 2009
- Paid only on the excess above 30 April 2008 account balances
- 24/7 at call access to your money
- No Loss Security Guarantee
Important things you should know: This product is issued by Bank of Western Australia Ltd ABN 22 050 494 454 AFSL 236872, a member of the HBOS Australia group. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. You should consider the Product Disclosure Statement (which you agree to be provided through this link) and whether the product is right for you.
*Rate subject to change. Offer available for a limited time and may be withdrawn at any time. Other rates apply to existing TeleNet Saver customers as at 30/4/2008. For details, see the Interest Rate Schedule.
You agree to be provided the Financial Services Guide by accessing the following link - Financial Services Guide.

