Earn interest on your collected GST and access your funds anytime you need them with our most popular business online savings account
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 0.55% | Variable · $0–$4,999 | Business customers | CDR | 1 Nov 2026 |
| 0.55% | Variable · $5,000–$9,999 | Business customers | CDR | 1 Nov 2026 |
| 0.55% | Variable · $10,000–$24,999 | Business customers | CDR | 1 Nov 2026 |
| 0.55% | Variable · $25,000–$49,999 | Business customers | CDR | 1 Nov 2026 |
| 0.75% | Variable · $50,000–$249,999 | Business customers | CDR | 1 Nov 2026 |
| 1.30% | Variable · $250,000–$499,999 | Business customers | CDR | 1 Nov 2026 |
| 1.30% | Variable · $500,000–$999,999 | Business customers | CDR | 1 Nov 2026 |
| 1.45% | Variable · $1,000,001 or more | Business customers | CDR | 1 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/SavBusCashRes- Content hash
sha256 5214a9c5a496fcb2cc343fd5095c8bef5360db0cebce50f22a88a49803b324c7- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_5214a9c5a496fcb2_d4cbc0c2Show details
- Checked
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/SavBusCashRes- Content hash
sha256 5214a9c5a496fcb2cc343fd5095c8bef5360db0cebce50f22a88a49803b324c7- 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
| Fee | Type | Amount |
|---|---|---|
| Account Keeping Fee | Periodic | $0.00 |
| Overdrawn Fee | Event | $15.00 |
| Self-Service (Electronic) Withdrawals | Withdrawal | $0.00 |
| Self-Service (Electronic) Deposits | Deposit | $0.00 |
| Cheques Collected / Deposited | Deposit | $3.00 |
| Staff-Assisted Withdrawal | Withdrawal | $3.00 |
| Staff-Assisted Deposit | Deposit | $3.00 |
| Periodical Payments | Payment | $0.00 |
| Telephone Banking | Event | $0.00 |
| Online Banking | Event | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Unlimited txns | Unlimited transfers between other Westpac Business accounts held by customer in the same name(s) as the Westpac Business Cash Reserve account, using Business Online Banking or automated Group Telephone Banking only | |
| Other | No account-keeping fees: Earn interest on your surplus funds, noting that zero interest rates may apply from time to time. | |
| Other | $0 linked account transfers: Move cash to and from your Westpac transaction account via Online Banking or the Westpac App. | |
| Other | Access your money 24/7: Get access to your savings at anytime, anywhere. Access to funds subject to system availability. | |
| Other | Bucket your savings: Create multiple accounts for expenses like GST and tax to avoid a cash flow crunch when payments are due | |
| Digital banking | ||
| Other | Tiered interest is paid on certain balances | |
| Other | Interest is paid on a monthly basis. | |
| Other | You have a choice of 3 or 6 monthly statements. | |
| Other | Unlimited free self-service enquiries. | |
| Fraud protection | The product includes FRAUD_PROTECTION features. | |
| Fraud protection | Westpac Protect Online Banking Security Guarantee. If your Westpac account is compromised due to Online Banking fraud, we guarantee to repay any missing funds, provided you comply with our Online Banking Terms and Conditions. | |
| Other | Account enquiries are always free when you use Online Banking. | |
| Eligibility: min age | 18 | Applicant plus all signatories |
| Eligibility: residency status | Operating in Australia with an Australian address | |
| Eligibility: other | Eligible entities include sole traders, partnerships, companies, associations, self-managed super funds, trusts and not-for-profit organisations | |
| Eligibility: other | Must not be an individual using the account for predominantly personal purposes | |
| Eligibility: other | Needs an eligible Westpac business transaction account to link to. |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Variable · $10,000–$24,999 | 1 Nov 2026 | Current | 0.55% |
| Variable · $500,000–$999,999 | 1 Nov 2026 | Current | 1.30% |
| Variable · $5,000–$9,999 | 1 Nov 2026 | Current | 0.55% |
| Variable · $25,000–$49,999 | 1 Nov 2026 | Current | 0.55% |
| Variable · $50,000–$249,999 | 1 Nov 2026 | Current | 0.75% |
| Variable · $0–$4,999 | 1 Nov 2026 | Current | 0.55% |
| Variable · $1,000,001 or more | 1 Nov 2026 | Current | 1.45% |
| Variable · $250,000–$499,999 | 1 Nov 2026 | Current | 1.30% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
segment:business | Business customers | Listed with business products, not personal ones |
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