Savings account rates › Westpac

Business One - Plus

Westpac

CDR officialNot listed in rate tables

Feature rich everyday business account. Choose this account if you bank online, on mobile, and occasionally in branch.

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Product data

The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.

Rates

RateApplies toConditionsSourceSince
0.00%VariableCDR1 Nov 2026
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Source

CDR officialConsumer Data Right product dataShow where this comes from
Fetched
1 Nov 2026
URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TrBusOnePlus
Content hash
sha256 180033843abf6c8e403c0903b3b475579ab918d7104b26036032eb2db6cc8f8f
Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_180033843abf6c8e_ae55014bShow details
Checked
1 Nov 2026
URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TrBusOnePlus
Content hash
sha256 180033843abf6c8e403c0903b3b475579ab918d7104b26036032eb2db6cc8f8f
Excerpt
—
Rule version
mapper@0.1.2

Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.

Fees

FeeTypeAmount
Account Keeping FeePeriodic$10.00
Overseas Withdrawal FeeWithdrawal$5.00
Overdrawn FeeEvent$15.00
Bank Cheque FeeEvent$10.00
Group Telephone BankingEvent$0.00
Online BankingEvent$0.00
Narrated CreditsTransaction$3.00
Cheques Collected / DepositedDeposit$3.00
Foreign Transaction Fee - non-AU merchantTransaction3.00%
Foreign Transaction Fee - AU merchantTransaction2.20%
Staff-Assisted WithdrawalWithdrawal$3.00
Staff-Assisted DepositDeposit$3.00
Cheques WrittenTransaction$3.00
Self-Service (Electronic) WithdrawalsWithdrawal$0.00
Self-Service (Electronic) DepositsDeposit$0.00
Periodical PaymentsPayment$0.00

Features and eligibility

ItemValueDetails
Cashback offer100.00$100 Welcome Offer: Open a new business transaction account, deposit a minimum of $100 in a single transaction within the first 10 days using the description WELCOME100 and pocket $100 on us. New business customers only. T&Cs apply.
Card accessLink your account to a Business Debit Card
Card accessWestpac Business Debit Card/Handycard access is available on the account
Unlimited txnsUnlimited free electronic transactions
Free txns55 free staff-assisted transactions
OtherEligible account for EFTPOS Air mobile app: Take secure in-person payments with EFTPOS Air on your compatible phone or tablet.
OtherUnlock the Free Legal and Accounting Support offer with our partner Lawpath. Enjoy two free consultations, unlimited live chat with real advisors, free access to monthly workshops, and a 20% discount on additional legal and accounting services. Offer available to new and existing Business One and Business One Plus customers only.
OtherSet your business up for success with up to $10K of value for your business
OtherHelp simplify your business finances. Use Business Money Tools to take control of your finances. In the Westpac App, the tools can help simplify money management to drive business growth.
OtherEasily switch between profiles. See all your banking in one place in Online Banking and the Westpac App. Manage your personal and business accounts side by side with a single sign in.
OtherSave time on accounting - Keep your digital records in order for tax time with eStatements, and set up bank feeds to accounting software such as MYOB and Xero.
OtherWith PayTo, you can see, review and authorise all new PayTo payments for things such as recurring bills, memberships and subscriptions before the money leaves your account.
OtherInstant Digital Card - Your Westpac Instant Digital Card provides a secure, flexible payment solution, available in the Westpac App
OtherMake purchases with your mobile device. Link your card to Apple Pay, Google Pay TM or Samsung Pay TM to make fast contactless payments with your smartphone or wearable.
OtherLock your debit card temporarily. Avoid the hassle of cancelling if you're concerned you may have lost your debit card. Lock it for up to 15 days while you look, in Online Banking or the Westpac App
OtherCancel direct debit. We can notify a company of your request to cancel a direct debit or temporarily stop the company from debiting any funds from your account for 3 years
OtherReport mistaken payments. You can report selected payments in the Westpac App where you have made a mistake such as inputting an incorrect BSB or account number when making a payment.
OtherView up to 7 years of eStatements history
Digital bankingCompany or business can pay bills using BPAY.
Fraud protectionOnline security guaranteed. We'll repay any missing funds if your account is compromised as a result of Internet fraud, as long as you've complied with our Online Banking Terms and Conditions.
Relationship managementSubject to terms and conditions relationship management is available for eligible customers.
OverdraftAn overdraft / loan facility is available (subject to approval). Customers must be over 18 years of age.
OtherNo interest is paid on this account.
OtherYou will get regular statements for this product
OtherYou can make Periodical Payments from this account
OtherCheque book access is not available for new accounts opened on or after 19 May 2025. For accounts opened before 19 May 2025, customers can order a cheque book by calling us.
OtherMake and receive secure payments via PayID
OtherAccount enquiries are always free when you use Online Banking.
Eligibility: min age18Applicant plus all signatories
Eligibility: residency statusOperating with an Australian address
Eligibility: otherMust not be an individual using the account for predominantly personal purposes
Eligibility: otherEligible entities include sole traders, partnerships, companies, associations, self-managed super funds, trusts and not-for-profit organisations
Eligibility: businessOpen an account online if you're: A sole trader or a company with one or more directors and based in Australia, or already a Westpac business customer.

Rate history

RateFromToRate p.a.
Variable1 Nov 2026Current0.00%

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