--- title: "Business Cash Reserve Savings — Westpac" description: "Transaction & Savings Accounts from Westpac. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/westpac/products/SavBusCashRes source: "CDR Compare" language: en-AU last_updated: 2026-08-13T06:02:07Z --- # Business Cash Reserve Savings — Westpac > Transaction & Savings Accounts from Westpac. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Transaction & Savings Accounts** Earn interest on your collected GST and access your funds anytime you need them with our most popular business online savings account ## At a glance - **Base rate:** 1.3% ## Deposit rates | Type | Rate | Applies to | Interest paid | | --- | --- | --- | --- | | Variable (Minimum deposit amount) | 0.45% | 0.00 to 4999.00 | monthly | | Variable (Minimum deposit amount) | 0.45% | 5000.00 to 9999.00 | monthly | | Variable (Minimum deposit amount) | 0.45% | 10000.00 to 24999.00 | monthly | | Variable (Minimum deposit amount) | 0.45% | 25000.00 to 49999.00 | monthly | | Variable (Minimum deposit amount) | 0.6% | 50000.00 to 249999.00 | monthly | | Variable (Minimum deposit amount) | 1.15% | 250000.00 to 499999.00 | monthly | | Variable (Minimum deposit amount) | 1.15% | 500000.00 to 999999.00 | monthly | | Variable (Minimum deposit amount) | 1.3% | 1000000+ | monthly | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Account Keeping Fee — Charged monthly | Ongoing | $0.00 | | Overdrawn Fee — $15.00 per occurrence | Event | $15.00 | | Self-Service (Electronic) Withdrawals | Withdrawal | $0.00 | | Self-Service (Electronic) Deposits | Deposit | $0.00 | | Cheques Collected / Deposited — Cheques collected or deposited (Additional charge for the branch transaction applies) | Transaction | $3.00 | | Staff-Assisted Withdrawal — These transactions are not available, however if they occur, a $3.00 fee will be charged for each transaction. | Withdrawal | $3.00 | | Staff-Assisted Deposit | Deposit | $3.00 | | Periodical Payments | Transaction | $0.00 | | Telephone Banking — Unlimited free self-service enquiries | Event | $0.00 | | Online Banking — Account enquiries are always free when you use Online Banking. | Event | $0.00 | ## Features - **Unlimited transactions** (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) - **No account-keeping fees: Earn interest on your surplus funds, noting that zero interest rates may apply from time to time.** - **$0 linked account transfers: Move cash to and from your Westpac transaction account via Online Banking or the Westpac App. ** - **Access your money 24/7: Get access to your savings at anytime, anywhere. Access to funds subject to system availability.** - **Bucket your savings: Create multiple accounts for expenses like GST and tax to avoid a cash flow crunch when payments are due** - **Digital banking** - **Tiered interest is paid on certain balances** - **Interest is paid on monthly basis** - **You have choice of 3 or 6 monthly statements.** - **Unlimited free self-service enquiries.** - **Fraud protection** (The product includes FRAUD_PROTECTION features.) - **Fraud protection** (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.) - **Account enquiries are always free when you use Online Banking.** ## Eligibility - **Minimum age** — 18 years (Applicant plus all signatories) - **Residency status** — Operating in Australia with an Australian address - **Eligible entities include sole traders, partnerships, companies, associations, self-managed super funds, trusts and not-for-profit organisations** - **Must not be an individual using the account for predominantly personal purposes** - **Needs an eligible Westpac business transaction account to link to.** ## More information from Westpac - [Overview](https://www.westpac.com.au/business-banking/savings-accounts/cash-reserve/) - [Terms & conditions](https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/bb/deposit-accts-bus-customers-tandc.pdf) - [Eligibility](https://www.westpac.com.au/business-banking/savings-accounts/cash-reserve/) - [Fees & pricing](https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/bb/deposit-accts-bus-customers-tandc.pdf) ## Data provenance - Published by Westpac under the Consumer Data Right - Product ID: `SavBusCashRes` - Last updated by the provider: 13 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/westpac/SavBusCashRes - Provider page: https://www.cdrcompare.au/brands/westpac - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000002 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/westpac/products/SavBusCashRes) — product data published by Australian data holders under the Consumer Data Right. 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