Community Solutions Cash Reserve
Transaction & Savings AccountsData Sharing Status
Earn interest on your surplus funds and access your funds anytime you need them.
- Base rate
- 1.3%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0.45% | $0–$4,999 | monthly |
| Variable | 0.45% | $5,000–$9,999 | monthly |
| Variable | 0.45% | $10,000–$24,999 | monthly |
| Variable | 0.45% | $25,000–$49,999 | monthly |
| Variable | 0.6% | $50,000–$249,999 | monthly |
| Variable | 1.15% | $250,000–$499,999 | monthly |
| Variable | 1.15% | $500,000–$999,999 | monthly |
| Variable | 1.3% | $1,000,001+ | 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 Nil for withdrawals from the account to a Westpac Business account held in the same name(s) as the account. Otherwise, such withdrawal will incur $5.00 fee per withdrawal. | 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 channels are not available, however if these transactions occur for each transaction a $3.00 fee will be incurred | Withdrawal | $3.00 |
| Staff-Assisted Deposit | Deposit |
Features
- No account-keeping fees
- No fees to move cash to and from your Westpac transaction account through Online Banking and the Westpac App
- Regularly deposit funds to grow savings balance
- Earn interest on your surplus funds, noting that zero interest rates may apply from time to time
- Get access to your savings at any time
- No minimum balance needed
- Digital banking
- Tiered interest is paid on certain balances
Eligibility
- Minimum age — 18 yearsApplicant plus all signatories
- Residency status — Operating in Australia with an Australian address
- Business customersNot-for-profit organisations including charities, community and sporting groups, schools, government bodies, and registered political parties
- Needs an eligible Westpac business transaction account to link to.
More Information
Published by Westpac under the Consumer Data Right · Last updated 11 June 2026 · Product ID SavComSolCashRes · View on CDR.gov.au