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Westpac / Transaction & savings

Business Cash Reserve Savings

Earn interest on your collected GST and access your funds anytime you need them with our most popular business online savings account

Updated 13 Aug 2026Individually tailored product

Deposit rate type
Variable
Rate
0.45%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
0.00 to 4999.00
Unit of measure
Dollar
Minimum value
$0.00
Maximum value
$4,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
0.00
Deposit rate type
Variable
Rate
0.45%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
5000.00 to 9999.00
Unit of measure
Dollar
Minimum value
$5,000.00
Maximum value
$9,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
5000.00
Deposit rate type
Variable
Rate
0.45%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
10000.00 to 24999.00
Unit of measure
Dollar
Minimum value
$10,000.00
Maximum value
$24,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
10000.00
Deposit rate type
Variable
Rate
0.45%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
25000.00 to 49999.00
Unit of measure
Dollar
Minimum value
$25,000.00
Maximum value
$49,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
25000.00
Deposit rate type
Variable
Rate
0.6%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
50000.00 to 249999.00
Unit of measure
Dollar
Minimum value
$50,000.00
Maximum value
$249,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
50000.00
Deposit rate type
Variable
Rate
1.15%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
250000.00 to 499999.00
Unit of measure
Dollar
Minimum value
$250,000.00
Maximum value
$499,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
250000.00
Deposit rate type
Variable
Rate
1.15%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
500000.00 to 999999.00
Unit of measure
Dollar
Minimum value
$500,000.00
Maximum value
$999,999.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
500000.00
Deposit rate type
Variable
Rate
1.3%
Calculation frequency
1 day
Application type
Periodic
Application frequency
1 month
Tiers
Name
1000000+
Unit of measure
Dollar
Minimum value
$1,000,001.00
Rate application method
Whole balance
Applicability conditions
Rate applicability type
Min deposit amount
Additional value
1000000.00

No lending rates were provided.

Name
Account Keeping Fee
Fee type
Periodic
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Additional value
1 month
Name
Overdrawn Fee
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$15.00
Additional info
$15.00 per occurrence
Name
Self-Service (Electronic) Withdrawals
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Name
Self-Service (Electronic) Deposits
Fee type
Deposit
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Name
Cheques Collected / Deposited
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$3.00
Additional info
Cheques collected or deposited (Additional charge for the branch transaction applies)
Name
Staff-Assisted Withdrawal
Fee type
Withdrawal
Fee method utype
fixedAmount
Fixed amount
Amount
$3.00
Additional info
These transactions are not available, however if they occur, a $3.00 fee will be charged for each transaction.
Name
Staff-Assisted Deposit
Fee type
Deposit
Fee method utype
fixedAmount
Fixed amount
Amount
$3.00
Name
Periodical Payments
Fee type
Transaction
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Name
Telephone Banking
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Additional info
Unlimited free self-service enquiries
Name
Online Banking
Fee type
Event
Fee method utype
fixedAmount
Fixed amount
Amount
$0.00
Additional info
Account enquiries are always free when you use Online Banking.

Feature type
Unlimited txns
Additional info
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
Feature type
Other
Additional info
No account-keeping fees: Earn interest on your surplus funds, noting that zero interest rates may apply from time to time.
Feature type
Other
Additional info
$0 linked account transfers: Move cash to and from your Westpac transaction account via Online Banking or the Westpac App.
Feature type
Other
Additional info
Access your money 24/7: Get access to your savings at anytime, anywhere. Access to funds subject to system availability.
Feature type
Other
Additional info
Bucket your savings: Create multiple accounts for expenses like GST and tax to avoid a cash flow crunch when payments are due
Feature type
Digital banking
Feature type
Other
Additional info
Tiered interest is paid on certain balances
Feature type
Other
Additional info
Interest is paid on monthly basis
Feature type
Other
Additional info
You have choice of 3 or 6 monthly statements.
Feature type
Other
Additional info
Unlimited free self-service enquiries.
Feature type
Fraud protection
Additional info
The product includes FRAUD_PROTECTION features.
Feature type
Fraud protection
Additional info
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.
Feature type
Other
Additional info
Account enquiries are always free when you use Online Banking.

Eligibility type
Min age
Additional value
18
Additional info
Applicant plus all signatories
Eligibility type
Residency status
Additional value
Operating in Australia with an Australian address
Eligibility type
Other
Additional info
Eligible entities include sole traders, partnerships, companies, associations, self-managed super funds, trusts and not-for-profit organisations
Eligibility type
Other
Additional info
Must not be an individual using the account for predominantly personal purposes
Eligibility type
Other
Additional info
Needs an eligible Westpac business transaction account to link to.

No limits & conditions were provided.

No bundles were provided.

From the bank

No application link was provided. Contact the bank to ask about this product.