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Business Premium Cash Reserve
Westpac's Business Premium Cash Reserve is a transaction account. The figures are the ones Westpac publishes under the Consumer Data Right today. The advertised rate last moved on 9 October 2026, up from 1.20% to 1.30%.
Advertised rate
1.30%
headline tier
Tiers
6
current rate rows
Last moved
+0.10pp
9 October 2026
Advertised rate, last 30 days. Between 1.20% and 1.30% over the last 30 days.
Every current rate (6)
| Tier | Rate |
|---|---|
| Variable, up to $249,9990 to 249999 | 0.01% |
| Variable, $500,000 to $999,999500000 to 999999 | 1.30% |
| Variable, $10,000,001 and over10000000+ | 1.30% |
| Variable, $5,000,000 to $9,999,9995000000 to 9999999 | 1.30% |
| Variable, $1,000,000 to $4,999,9991000000 to 4999999 | 1.30% |
| Variable, $250,000 to $499,999250000 to 499999 | 1.30% |
Rate moves, last 30 days
- 9 October 2026: Variable, $250,000 to $499,999 lifted 0.10pp, from 1.20% to 1.30%.
Published fees
| Fee | Amount |
|---|---|
| Account Keeping Feerecurring | $0 |
| Group Telephone Bankingwhen it happens: Unlimited free self-service enquiries | $0 |
| Cheques Collected / Depositedper deposit: Cheques collected or deposited (Additional charge for the branch transaction applies) | $3 |
| Self-Service (Electronic) Withdrawalsper withdrawal | $0 |
| Self-Service (Electronic) Depositsper deposit | $0 |
| Staff-Assisted Withdrawalper withdrawal: These channels are not available, however if these transactions occur for each transaction a $3.00 fee will be incurred. | $3 |
| Staff-Assisted Depositper deposit | $3 |
| Online Bankingwhen it happens: Account enquiries are always free when you use Online Banking. | $0 |
| Periodical Paymentsper payment | $0 |
Other Westpac transaction accounts
Westpac Life 5.15%Cash Investment Account 3.00%Westpac 55+ and Retired 2.90%Community Solutions Cash Reserve 1.45%
Get an email the morning Westpac moves this rate.
Every Westpac rate · every transaction account rate compared · other lenders · this product in the explorer.