Westpac Business Cash Reserve
Westpac's Business Cash Reserve online savings account will help your business earn high interest on excess funds. Do not rely solely on your transaction account, deposit your excess funds in the Business Cash Reserve account and watch your interest grow. In addition, take advantage of no monthly fees and unlimited free transfers!
Interest paid Monthly
Interest calculated Daily
Headline interest rate p.a. 2.50%
Monthly fee $0
Account type Savings
The cool stuff: features
ATM access No
EFTPOS access No
Branch access No
Internet Banking Yes
Age restrictions No
Cheque book facility Yes
Debit card No
Phone access Yes
The Facts & Figures
Balance less than $1k (p.a.) 0.01%
Balance less than $5k (p.a.) 0.01%
Balance less than $25k (p.a.) 2.50%
Balance greater than $100k (p.a.) 2.50%
Min. balance -
Min. opening deposit -
Number of free elect transactions per month -
The ugly stuff: fees
Other bank ATM fee -
EFTPOS transaction fee -
Branch assistance fee $5
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Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Our most popular business savings account, with competitive interest and online access to funds. No minimum balance needed to earn interest andview your balance or transfer funds with Business Online Banking, mobile, tablet or Business Telephone Banking access.
- Earn a great variable rate of 2.50% interest on balances over $10,000
- Online savings account linked to your business transaction account such as the Westpac Business One account range
- Have the convenience of 24/7 access to funds via Online or automated Telephone Banking
- Make unlimited free transfers between linked Westpac business accounts using Business Online or Business Telephone Banking
Terms & conditions
Conditions, fees and charges apply.