Savings account rates › Westpac

Business One

Westpac

CDR officialNot listed in rate tables

No Monthly Fee Business Account

Lender's product page ↗

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%Variable · $0–$9,999CDR1 Nov 2026
0.00%Variable · $10,000–$19,999CDR1 Nov 2026
0.00%Variable · $20,000–$49,999CDR1 Nov 2026
0.00%Variable · $50,000–$99,999CDR1 Nov 2026
0.00%Variable · $100,000–$249,999CDR1 Nov 2026
0.00%Variable · $250,000–$499,999CDR1 Nov 2026
0.00%Variable · $500,000 or moreCDR1 Nov 2026
Report an error

Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.

Leave out names, emails and phone numbers.

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/TrBusOne
Content hash
sha256 5559cdefe438e6b08c09b1a144ba1921cbec485dc2810ae81f598409bee62601
Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_5559cdefe438e6b0_0ec197afShow details
Checked
1 Nov 2026
URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TrBusOne
Content hash
sha256 5559cdefe438e6b08c09b1a144ba1921cbec485dc2810ae81f598409bee62601
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$0.00
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 $0 monthly fee business transaction account, deposit a minimum of $100 in a single transaction within the first 10 days using the description WELCOME100. 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
OtherSimplify your business finances - Access Business Money Tools in the Westpac App to track cash flow, manage expenses and stay on top of your business finances.
Other$0 International transfers. Send foreign currency transfers free from Westpac fees, with Online Banking. See FX rates.
OtherTake payments on your phone. Take in-person payments into your transaction account with the EFTPOS Air app 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 make tax time simpler - Link your Business One account to accounting software such as MYOB, Xero and QuickBooks using bank feeds to help keep your financial records up to date.6
Fraud protection24/7 protection - We monitor transactions 24/7 to identify unusual activities and offer security guarantees to protect you from fraud.
OtherGive employees access - Provide employees with full or limited access business debit cards linked to your business bank account.
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.
OtherPay and manage your card on the go. A business debit card linked to your business bank account gives you access to an Instant Digital Card in the Westpac App. Make contactless payments with a digital wallet and manage your card security in the app.
OtherAdd an EFTPOS solution: For fast, reliable payments, choose a standalone machine or a terminal that integrates with your POS system.
OtherAdd a savings account - Earn interest on surplus funds set aside for things such as tax payments, equipment upgrades or unexpected expenses.
OtherCard Lock will temporarily stop new transactions on your card for up to 15 days or until reactivated. The card will reactivate after 15 days if you do not cancel the card. Cards to which a temporary lock can be applied will be listed when you sign in to Mobile Banking or Online Banking and visit Lock a card temporarily under Cards services.
OtherCardless Cash Withdrawal Feature - Cardless Cash is a convenient and secure way to withdraw cash from Westpac-branded ATMs using the Westpac App.
OthereStatements - Stay on top of your finances with less clutter
Digital bankingCompany or business can pay bills using BPAY.
Fraud protectionThe product includes FRAUD_PROTECTION features.
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: businessSole Trader or a company with one or more directors or a Westpac business customer

Rate history

RateFromToRate p.a.
Variable · $10,000–$19,9991 Nov 2026Current0.00%
Variable · $0–$9,9991 Nov 2026Current0.00%
Variable · $250,000–$499,9991 Nov 2026Current0.00%
Variable · $20,000–$49,9991 Nov 2026Current0.00%
Variable · $100,000–$249,9991 Nov 2026Current0.00%
Variable · $50,000–$99,9991 Nov 2026Current0.00%
Variable · $500,000 or more1 Nov 2026Current0.00%

Tags

TagMeaningEffect
quality:no-interestquality:no-interest
out-of-scopeReason this product is not ranked

How tags and ranking work

Registered channels

Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.

People registered for this product

No one is registered for this product yet. Lender staff and brokers can join through verification.