9% interest with Regular Saver account @ Bankwest

5 March 2008

Determined to retain its market leading position on deposit rates, the bank has increased the rate on its Regular Saver account by 100 basis points to 9.0 per cent.

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1 comment

  • ozpete
    Just be aware that this account has some very limiting conditions from their PDF Clause 6.1 Credit Interest Credit interest is paid monthly to the account and is calculated daily up to, and credited to your account on, the first business day of the following month. A credit interest rate of 8.00% p.a. will apply to the balance of the account for any month where: (a) you make no withdrawals from the account during the month; and (b) the total amount of all deposits which we treat as having been made to the account (see clause 3.4) during the month is equal to, or greater than, $50.00. If you fail to meet these requirements in any month, no credit interest will be paid for that particular month. http://www.bankwest.com.au/library/pdf/PDS_20070723-143550.pdf

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