Business Premium Cash Reserve

An online savings account designed for those who wish to earn a higher rate of interest on their investments having convenient access to funds via Telephone Banking or Online Banking. The Business Premium Cash Reserve has certain qualifying criteria.
Category: Transaction & Savings Accounts  Last Updated May 18, 2026  Effective June 3, 2026

 General Lending Rates

No product information is currently listed. Please make contact with us for more information.

 Product Features

  • Other Additional Information: Interest Rates Availability : Tiered interest is paid on certain balances.
  • Other Additional Information: Interest paid monthly or half-yearly
  • Other Additional Information: Statements : Choice of 3 or 6 monthly statements.
  • Fraud Protection Additional Information: The product includes limited fraud protection features.
  • Relationship Management Additional Information: Relationship management is available for eligible customers.

 Product Eligibility

  • Other Additional Information: Business Customers who hold another Westpac Business transaction account(s) in the same name(s) as the Business Premium Cash Reserve account.

 Bank Fees and Charges

  • Account Keeping Fee (Periodic), Amount: 0.00.
  • Group Telephone Banking (Event), Amount: 0.00. Additional Information: Unlimited free self-service enquiries
  • Cheques Collected / Deposited (Transaction), Amount: 3.00. Additional Information: Cheques collected or deposited (Additional charge for the branch transaction applies)
  • Self-service (electronic) Withdrawals (Transaction), Amount: 0.00. Additional Information: Self-service (electronic) withdrawals - transfers between other Westpac business accounts by Business Online Banking or automated Group Telephone Banking
  • Self-service (electronic) Deposits (Transaction), Amount: 0.00.
  • Staff-assisted Withdrawal (Transaction), Amount: 3.00. Additional Information: These transactions are not available, however if they occur, a $3.00 fee will be charged for each transaction
  • Staff-assisted Deposit (Transaction), Amount: 3.00.
  • Online Banking (Event), Amount: 0.00. Additional Information: Account enquiries are always free when you use Online Banking.
  • Periodical Payments (Transaction), Amount: 0.00.

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