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The award-winning Bankwest Hero Transaction Account earns interest on your balance while still giving you all of the flexibility and benefits that come with a transaction account.
$2,000
Fee Free Deposit
$6
Account keeping fee
$0
ATM withdrawal fee
$5
Overseas ATM withdrawal fee
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Product Name | Bankwest Hero Transaction Account |
---|---|
Monthly account fee | $6 |
Card access | Mastercard |
ATM Withdrawal Fee | $0 |
Internatonal ATM Fee | $5 |
International transaction fee | 2.95% |
Monthly deposit required to waive account fee | $2,000 |
Contactless payments | Google Pay, Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay |
Review by
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
This account acts as a day-to-day transaction account while also paying some interest on your money. You’ll earn 0.1% p.a. on balances of up to $5,000. Earning interest on a transaction account isn’t common, and could be a great way to make your money work a little bit harder while also having easy access to it whenever you need.
There is a $6 monthly account keeping fee for this account, which will be waived if you’re able to deposit $2,000 a month. This monthly deposit condition is higher than other accounts, so make sure you’re able to meet this before opening the account otherwise you’ll be charged the monthly fee.
If you don’t think you can meet the monthly deposit requirement, you could consider the Bankwest Easy Transaction Account instead. This account doesn’t offer any interest, however it charges no monthly fee and there’s no deposit conditions to meet, either.