Earn interest on the very first dollar you deposit, right up to a variable rate of 2.4% p.a. on balances of $10,000 or more.
Opt for eco-friendly eStatements and access up to seven years of transactions without the clutter.
To operate your high interest Cash Reserve account for NFPs, you need to have a Westpac business transaction account in the same name. This lets you move your money between these accounts as often as you like, for free when using Business Online Banking or automated Business Telephone Banking.
24/7 access is subject to system availability.
|Monthly service fee||$0|
|Number of free transactions per month||Unlimited transfers between other Westpac Business accounts held by customer in the same name(s) as the Community Solutions Cash Reserve account, using Business Online Banking or automated Business Telephone Banking only|
|Self-service (electronic) withdrawals - transfers between other Westpac business accounts by Business Online Banking or automated Business Telephone Banking||$0|
|Self-service (electronic) deposits||$0|
|Cheques collected or deposited (Additional charge for the branch transaction applies)||$0|
|Staff assisted withdrawal (not usually available)||$5|
|Staff assisted deposit (including cheques)||$0|
|Narrated credits (not usually available)||$2.50|
|Business Telephone Banking - self service enquiries||$0|
|Business Online Banking||$0|
Includes balance enquiries and obtaining deposit or withdrawal details.
Other bank charges may apply. See Terms and Conditions.
Branch transactions using a serial number encoded deposit slip enabling you to identify the deposit from the serial number used.
Overseas ATM cash withdrawal surcharges.
Interest is calculated daily and paid monthly. Rates are current as at 25 November 2013 and are subject to change at any time. They are tiered according to balance.
|Amount||Variable base rates p.a.|
|$0 - $9,999||2.15%|
|$10,000 - $19,999||2.40%|
|$20,000 - $49,999||2.40%|
|$50,000 - $99,999||2.40%|
|$100,000 - $249,999||2.40%|
|$250,000 - $499,999||2.40%|