Westpac logo

Westpac Business Cash Reserve

Advertiser disclosure
Interest rate
1.35% p.a.(for $10,000 and over)
Maximum rate
2.55% p.a. (for $9,999 and over)
Govt deposit guarantee
Yes up to $250,000

Details

Rates and fees information correct as at 18 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.01% p.a.
Balances from $10,000: 1.35% p.a.

Balances from $9,999: 2.55% p.a.

Bonus rate for the first 5 months from account opening

Fees

$0.00

n/a

unlimited free transactions from internet, phone.

n/a

n/a

n/a

$2.50

$5.00

n/a

$0.00

$0.00

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

no

n/a

no

no

no

yes

no

yes

yes

no

no

Need to link to a Westpac business transaction account. Branch access limited to Cheque/Cash Deposits - both incurring $2.50 fee.

Up tp $10,000 in value in special partner offer of a Business One Plus account. New business customers receive a $100 gift card when they deposit $100 in the first 10 days. For accounts opened by 30 June 2024.

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About Westpac

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4.75% p.a.(for $0 to $1,000,000)

Yes up to $250,000

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0% p.a.(for $0 and over)

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AMP Saver Account

5.40% p.a. (for $0 to $250,000)

1.20% p.a.(for $0 to $5,000,000)

Yes up to $250,000

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2.00% p.a.(for $0 to $250,000)

Yes up to $250,000

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0.10% p.a.(for $0 and over)

Yes up to $250,000

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5.00% p.a. (for $0 to $250,000)

0.05% p.a.(for $0 and over)

Yes up to $250,000

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High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

4.40% p.a.(for $0 to $250,001)

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Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

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5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

0.10% p.a.(for $0 and over)

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AMP Saver Account

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

1.20% p.a.(for $0 to $5,000,000)

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Savings+Bonus

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

2.00% p.a.(for $0 to $250,000)

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Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

0% p.a.(for $0 and over)

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No Current Offer

Yes up to $250,000

4.75% p.a.(for $1 and over)

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Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

0.05% p.a.(for $0 and over)

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Reward Saver Account

0% p.a.(for $0 and over)

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

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AMP Saver Account

1.20% p.a.(for $0 to $5,000,000)

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

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0.10% p.a.(for $0 and over)

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

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Bonus Saver Account

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5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

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Progress Saver

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

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