Westpac Business Cash Reserve Savings

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Business Cash Reserve Savings is a savings account from Westpac. At $50,000 it pays 0.95% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.

Conditions

• applicant and all signatories must be 18 or over
• needs an eligible Westpac business transaction account to link to

Features

app

yes

transactions

unlimited

Other features, in the bank's words:

• 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
• Tiered interest is paid on certain balances
• Interest is paid on a monthly basis.

Fees, limits and who can open it

monthly fee

$0

interest paid

monthly

interest calculated

daily

age

ages 18 and over

open to

SMSF and business customers

linked account

a linked transaction account with the same bank is required

Who can open it, in the bank's own words:

• residency: 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.

About this account

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

Data

• Westpac's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
• We read the bank's own page and terms against this page on 1 November 2026: cash-reserve, deposit-accts-bus-customers-tandc.pdf; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/westpac.json: this bank's accounts and every balance band as JSON; Westpac's page lists them.
• The bank last updated this record on 13 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Westpac

• 55+ and Retired savings account, 1.73% base at $50,000
• Bump Savings savings account, 5.55% conditional at $50,000
• Business Premium Cash Reserve savings account, 0.01% base at $50,000
• Cash Investment Account savings account, 1.30% base at $50,000
• Community Solutions Cash Reserve savings account, 0.95% base at $50,000
• eSaver savings account, 1.25% base at $50,000
• Life savings account, 5.50% conditional at $50,000
• Notice Saver 31, 60 & 90 Days notice account, 0.00% base at $50,000
• Bank Account with Debit Card for Students and Young Adultsstale transaction account, 0.00% base at $50,000
• Business Onestale transaction account, 0.00% base at $50,000
• Business One - Negotiator Planstale transaction account
• Business One - Plusstale transaction account, 0.00% base at $50,000
• Choice transaction account, 0.00% base at $50,000
• Choice for Concession Holdersstale transaction account, 0.00% base at $50,000
• Choice for Migrantsstale transaction account, 0.00% base at $50,000
• Community Solutions One transaction account, 0.00% base at $50,000
• Youth Bank Account and Debit Cardstale transaction account, 0.00% base at $50,000

All of Westpac's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.