Bankwest Easy Transaction Account

Bankwest Easy Transaction Account

Fee Free Deposit


Account Keeping Fee


Enjoy no monthly account keeping fees and no ATM fees at over 10,000 ATMs Australia wide.

  • $0 ATM fees charged when using a major bank ATM Australia-wide (conditions apply)
  • $0 Monthly account keeping fees
  • Get banking alerts pushed straight to your phone

Product details

The Easy Transaction Account provides you with a range of ways to easily manage your daily expenses and deposits. With no monthly account keeping fees and a Debit Mastercard, you're granted access to over 10,000 ATMs to grab cash on the go and secure shopping privileges. Plus, with Bankwest Easy Alerts (push notifications) and 24 hour access through mobile app banking, you can bank on-the-go.

You have a access to a wide range of ATMs for free in Australia, no ATM fees at Bankwest, CBA, NAB, ANZ, Westpac, St.George Bank, Bank of Melbourne and BankSA.

Product Name
Bankwest Easy Transaction Account
Monthly Account Fee
Debit Card Access
ATM Withdrawal Fee
Joint Application
Fee Free Deposit p.m.
Overseas ATM Withdrawal Fee
Overseas Eftpos Fee
Phone Banking
Internet Banking

What are the features of the Bankwest Easy Transaction Account?

When comparing the Easy Transaction Account to others offered by Australian banks, you are going to find that there are more features to consider than just the vast number of ATMs you have free use of.

$0 monthly account keeping fees

There's no monthly account keeping fees with this account, so you don't have to worry about pesky account fees eating into your balance.

Linked Debit Mastercard

You will be issued a free linked Debit Mastercard with this account that can be used for purchases and withdrawals in Australia, online and overseas. The Debit Mastercard works wherever Mastercard is accepted, but uses the funds in your account for purchases.

Upgrade to a Platinum Debit Mastercard

You'll need to deposit at least $4,000 per month to maintain Platinum status. You'll get exclusive benefits by visiting Priceless Sydney and also a 24/7 Platinum concierge service, Worldwide Purchase Security Protection and Extended Warranty.

There are also travel assistance services and lifestyle services to be taken advantage of.

Comprehensive ATM network

Getting cash fast is easy and free when you use any of the following bank’s ATMs; Bankwest, NAB, ANZ, Westpac, St.George Bank, Bank of Melbourne, BankSA and Commonwealth Bank.

Open up to 10 Easy Transaction accounts

You can open up to 10 Bankwest Easy Transaction accounts so you can split your money across the different accounts, making it easier to budget and manage your expenses.

Taking the card overseas or shopping online

Any purchase made with your Debit Mastercard that occurs outside Australia in foreign currency or AUD will attract a fee of 2.95% of the transaction amount. This may include overseas purchases made online. You can setup an Easy Alert to tell you how much you spent in AUD each time you make a purchase in another currency.

Overseas ATM withdrawal fee of $5

If you use an ATM overseas to withdraw funds, you are going to be charged an extra $5 per transaction (on top of the currency conversion fee), plus possible other charges imposed by that ATM network.

Discounts for students

If you're a full-time secondary student, tertiary student or TAFE student, or an apprentice or a trainee you can get discounts with brands including Apple Store for Education, Hoyts Cinema, City Beach Australia and McDonald's. This is available through Student Edge.

24/7 Online and phone access

You can access the account around the clock using phone banking, online banking, or a mobile app all for free.

Bankwest Easy Alerts

Bankwest Easy Alerts is a unique feature on the Bankwest App and helps you manage your everyday banking by providing updates (push notifications) on your personal transaction and savings accounts when and if you want them.

Mobile banking

You can get all of the features of online banking using your iPad, iPhone, Windows Phone or Android mobile device. The app is available for download from the iTunes store, Google Play or Windows Phone store and gives you the ability to check your balance, make payments, find the nearest ATM or chat with Bankwest 24/7.

Google Pay or a Bankwest Halo payment ring available

Travel lightly without your wallet and use the Google Pay app to make contactless, tap and go payments with your Android phone instead. Or, order a Bankwest Halo payment ring and make contactless payments in-store using the ring with a fist bump.

Monthly balance

You are not required to meet any minimum monthly balance requirements.


  • $0 monthly account keeping fees
  • Access a range of ATMs from major banks within Australia at no extra cost, including ANZ, Westpac, NAB, St.George, Commonwealth Bank, Bank of Melbourne and BankSA
  • Linked Debit Mastercard
  • Can upgrade to Platinum


  • $5 overseas ATM withdrawal fee applies
  • International transaction fee applies

How do I apply for the Bankwest Easy Transaction Account?

Applying for the Bankwest Easy Transaction Account is as easy as managing the account. Just click ‘Go to site’ to be redirected to a secure application site.

Eligibility to apply online

You should ensure beforehand that you are able to meet the eligibility requirements:

  • Minimum age. An applicant must be 16 years old or older to apply for an account online. Customers aged 11 to 15 can apply for an account in branch.
  • Residency requirement. All applicants must be a permanent resident of Australia in order to be eligible for this account.
  • Depository requirement. You are not required to meet a minimum deposit amount, nor do you need to deposit a regular amount to have the monthly account keeping fee waived.

Documentation to apply online

If you meet the requirements to apply for the Bankwest Easy Transaction Account have the following documentation ready in order to complete the application in full:

  • Tax file number. You can avoid any withholding tax on the account by providing your tax file number (TFN) on the application.
  • Identification. Acceptable identifying documents include a driver’s licence, proof of age card or your passport.

What happens after I apply online?

After submitting your application you will receive a confirmation email from Bankwest with the next steps to follow in order to open your account. Once your identity has been verified your account details and Debit Mastercard will be sent to in a welcome pack through the post.

What if I'm a non-resident or not eligible to apply online?

If you intend on moving to Australia, or currently don't meet any of the above requirements, please get in touch with Bankwest directly or visit your local branch.

I run a predominantly cash oriented small business, does the BW Zero account allow for several cash deposits in branch per month as part of their allowance?

Please note that the Bankwest Easy Transaction account is for personal customers only. There are no costs or limits for depositing in-branch.

Back to top Back to top Back to top

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site