Westpac Business Cash Reserve

Headline interest rate p.a.
Monthly fee
Account type

Moneybuddy says

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!

The Basics

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


GiroPost 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

All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing. MoneyBuddy endeavours to keep product information up to date however we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. We recommend that you check the accuracy of all information provided on this website with the product provider. MoneyBuddy earns a referral fee from redirecting website users to a product provider's website. Further details are provided in relation to specific product information. Website users have no obligation to apply for a product or service that they may be referred to by this website.

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.

Westpac says

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.

Key features

  • 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.


My shortlist

You can shortlist products here & email them later.

No products currently shortlisted.


What are you looking for?

What type of account?

more options > Search Plan

Special offers

Find a mortgage broker

Enter your location to find a professional near you.

home > compare bank accounts > Westpac bank accounts > Westpac Business Cash Reserve