Hero Saver

A savings account that rewards you for making contributions to grow your balance. It's available to customers 14 years or over.
Category: Transaction & Savings Accounts  Last Updated June 3, 2026  Effective June 3, 2026

 General Lending Rates

No product information is currently listed. Please make contact with us for more information.

 Product Features

  • Other Additional Information: You can bank over the phone.
  • Npp Payid Additional Information: Get paid faster and easier by sending your mobile number and email address instead of your BSB and account number.
  • Npp Enabled Additional Information: Get paid faster and easier by transferring funds using your mobile number and email address instead of your BSB and account number.
  • Digital Banking Additional Information: 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 Additional Information: Direct credits to the account are permitted.
  • Other Additional Information: Create a goal, set up regular deposits and track your progress in the app.
  • Other Additional Information: 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 Additional Information: No maximum monthly deposit limit.
  • Notifications Additional Information: Set up Alerts through the Bankwest App to get notified about important account activity.

 Product Eligibility

  • Min Age - 14. Additional Information: 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.
  • Natural Person Additional Information: 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.
  • Other - 1. Additional Information: There is a limit of one account per person, whether as a single or joint account holder.
  • Other - 2. Additional Information: A maximum of two account holders is permitted on the account. Additional eligibility criteria apply for joint accounts.

 Bank Fees and Charges

  • Maintenance Fee (Periodic), Amount: 0.00. Additional Information: No monthly maintenance fees apply to this product.
  • Search Handling Fee (Event), Amount: 40.00. Additional Information: For completion of any search conducted by the Bank (per search)

 Limitations & Restrictions (Constraints)

  • Opening Balance of 0.00 Additional Information: No minimum deposit required to open the account.

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