An online savings account designed for those who wish to earn a higher rate of interest on their investments having convenient access to funds via Telephone Banking or Online Banking. The Business Premium Cash Reserve has certain qualifying criteria.
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 |
|---|---|---|---|---|
| 0.01% | Variable · $0–$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 |
| 1.30% | Variable · $1,000,000–$4,999,999 | Business customers | CDR | 1 Nov 2026 |
| 1.30% | Variable · $5,000,000–$9,999,999 | Business customers | CDR | 1 Nov 2026 |
| 1.30% | Variable · $10,000,001 or more | Business customers | CDR | 1 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.
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/TrBusPremiumCashReserve- Content hash
sha256 c60a827906dc9e8857965c2c94438c26b3df2a78fd96e0447c4f89e86cf4e835- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_c60a827906dc9e88_ddef91fbShow details
- Checked
- 1 Nov 2026
- URL
https://digital-api.westpac.com.au/cds-au/v1/banking/products/TrBusPremiumCashReserve- Content hash
sha256 c60a827906dc9e8857965c2c94438c26b3df2a78fd96e0447c4f89e86cf4e835- 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 |
| Group Telephone Banking | Event | $0.00 |
| Cheques Collected / Deposited | Deposit | $3.00 |
| Self-Service (Electronic) Withdrawals | Withdrawal | $0.00 |
| Self-Service (Electronic) Deposits | Deposit | $0.00 |
| Staff-Assisted Withdrawal | Withdrawal | $3.00 |
| Staff-Assisted Deposit | Deposit | $3.00 |
| Online Banking | Event | $0.00 |
| Periodical Payments | Payment | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Other | Interest Rates Availability: Tiered interest is paid on certain balances. | |
| Other | Interest paid monthly | |
| Other | Statements: Choice of 3 or 6 monthly statements. | |
| Fraud protection | The product includes limited fraud protection features. | |
| Relationship management | Relationship management is available for eligible customers. | |
| Eligibility: other | Business Customers who hold another Westpac Business transaction account(s) in the same name(s) as the Business Premium Cash Reserve account. |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Variable · $10,000,001 or more | 1 Nov 2026 | Current | 1.30% |
| Variable · $250,000–$499,999 | 1 Nov 2026 | Current | 1.30% |
| Variable · $1,000,000–$4,999,999 | 1 Nov 2026 | Current | 1.30% |
| Variable · $0–$249,999 | 1 Nov 2026 | Current | 0.01% |
| Variable · $5,000,000–$9,999,999 | 1 Nov 2026 | Current | 1.30% |
| Variable · $500,000–$999,999 | 1 Nov 2026 | Current | 1.30% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
segment:business | Business customers | Listed with business products, not personal ones |
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.