Bread Crumb Trail

Home BankWest

Bankwest Overview

Bank of Western Australia (also known as Bankwest) is an award winning full service bank, regulated by APRA and covered by the Australian Government's deposit guarantee scheme with a powerful capital base and liquidity status.

Bankwest was previously a wholly owned subsidiary of HBOS plc, but was sold to the Commonwealth Bank of Australia in October 2008 for 2.1 billion Australian dollars.

Bankwest is now based in Perth, and is one of the leading banks in western Australia, with around a quarter of all bank advances and deposits, and over 900,000 customers served through a comprehensive network of branches, distribution channels, internet banking and telephone services.

Bankwest offer a range of financial products and services, which include savings accounts, credit cards, insurance, home loans and personal loans, as well as several business banking products. .

Bankwest Credit Cards

Bankwest credit cards offer highly competitive rates with attractive benefits such as extended introductory periods with zero percent on balance transfers and low annual fees, plus low standard rates when initial bonus periods expire.

With Bankwest credit cards you can manage your account and access your Credit Card statements via bankwest Online Banking 24 hours a day, 7 days a week.

Bankwest credit cards come with up to 55 interest free days on purchases (where applicable), allowing you to pay off your balance over a longer period that suits you, enabling you to be able to take advantage of interest free credit. If you require more time to make the payment, the typical interest rate will be applied to your balance.
Bankwest Credit Cards Review >

Bankwest Term Deposits

Bankwest offer term deposits that can guarantee a fixed return on your investment over an agreed term. With a low minimum investment amount of $1000 and a choice of your term (each offering different rates), and no bank fees incurred throughout the life of your account, you can be in charge of how your account is set up.

Bankwest was Voted savings institution of the year in the smart investor blue ribbon awards 2008.

All Bankwest term deposits are protected by the Australian Government Deposit Guarantee, offering up to $1 million of protection per institution on deposits held with the bank.

Bankwest Term Deposits Review >

Bankwest Business Savings Accounts

Bankwest business accounts offer a range of great features to help manage your business finance. All Bankwest business accounts come with no account keeping or transaction fees, great interest rates and online access allowing you to manage your account with ease.

There's no required minimum balance to open a Bankwest business account, so apply online today!
Bankwest Business Savings Accounts Review >

Bankwest Bank Accounts

Bankwest Bank Accounts make managing your money easy and convenient, without costing you a fortune in bank fees. Bankwest has used its initiative to make banking a more pleasant experience for its customers by cutting bank fees, increasing interest rates and making your money accessible at any Australian ATM and overseas.

Bankwest offers a range of bank accounts, each providing an array of features making every account different, as peoples needs vary, so you're sure to find a bank account that meets your specific needs.

Bankwest bank accounts provide great interest rates on your balance, offering 300 times more interest than most Australian transactional accounts, so you can cover your banking and saving needs all with a single account.
Bankwest Bank Accounts Review >

Bankwest Savings Accounts

Bankwest offers a range of great savings accounts, tailored to meet all types of saver. So whether you're just starting out and would like an account that you can make regular deposits into that provides high interest rates, or you want to invest your nest egg in an account that will earn you the highest returns, Bankwest savings accounts have a solution to suit you.

It feels great to sit back and watch your money grow, so it's essential to make the right choice when deciding which account to entrust your savings, with based on your individual needs.

Bankwest savings accounts can help you to achieve your saving goals, and after winning five 'Best of the Best Awards' from Money Magazine in 2008 for its outstanding savings accounts, a Bankwest account is the obvious choice.
Bankwest Savings Accounts Review >

Bankwest News

Interest rate on some BankWest mortgage products down
Those looking for a new three of five-year fixed term mortgage deal might like to take a look at what BankWest has to offer after it reduced its interest rates on the products. ...
Read More >
Thu 24th Jun, 2010
Beware skimmers, says Bankwest
Changing credit card pin numbers could help reduce the chances of falling foul to identity thieves, one bank suggests. ...
Read More >
Thu 8th Oct, 2009
New platinum credit card on offer from Bankwest
The country's first ever fee-free platinum credit card has been launched. ...
Read More >
Thu 3rd Sep, 2009
Bankwest reveals most people yet to adjust finances to downturn
...
Read More >
Tue 19th May, 2009