Latest business offers & featured products all in one place

$0 Monthly Plan Fee*

For the first 12 months for new Business One Low Plan accounts opened online before 31 July 2020. *Terms and conditions, fees and charges apply.

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4.48% Unsecured Business Loan

To support our business customers through this challenging environment, Westpac is offering an unsecured 3-year term loan up to $250,000 to eligible business customers with a turnover of less than $50 million. This offer is available with a 6 months repayment deferral, with interest to be capitalised.
 

Applications available between now and 30 September 2020.

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Send, receive & now invoice in a foreign currency

Open an eligible Foreign Currency Account and get a complimentary invoicing tool. Exchange currency when you are ready.
 

Complimentary invoicing tool1 

Biz Invoice lets customers with an eligible transaction or foreign currency account, create and send professional invoices from your mobile or PC. You can also track, reconcile and send payment reminders.

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Transaction account fee waived with EFTPOS 1

Business One High Plan or Low Plan monthly account fee waived for the first 12 months while you take out an EFTPOS 1 terminal and stay on a Merchant Pricing Plan (saving you up to $240).
 

Terms and conditions, fees and charges apply.

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4.99% on balance transfers

Keep calm and consolidate your business debt with 4.99% on balance transfers to Altitude Business Platinum and Altitude Business Gold cards.

Applicable for the first 12 months when requested at application for new cards approved by 29th September 2020.

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Featured products

Now you can renew your Farm Management Deposit online

We’ve made it quick and easy for you to renew your FMD account. Avoid the need to visit a branch and manage your renewal in minutes in online banking.

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Our complimentary online invoicing tool* – now with BPAY®

Biz Invoice lets you create and send invoices from your mobile or PC, helps with reconciling, and sends automatic payment reminders from Westpac Live. And now eligible sole traders can set up BPAY® to accept credit card payments.

 * with an eligible business transaction account
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Invest your surplus funds in a term deposit and get higher returns

You may be eligible for a bonus rate on top of our standard interest rates. Save yourself a trip to the branch and open or renew your Term Deposit in Online Banking. Terms and Conditions and eligibility criteria apply.

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Employer Superannuation

Meet your obligations - making it easy for you to provide your employees with a simple to manage, default super plan.

 

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Unsecured Business Overdraft

Apply for up to $75,000 unsecured finance - meaning you don't have to provide asset security (director's guarantee may be required).

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Things you should know
* Open a new Business One - Low Plan account online between 1st June 2020 and 31st July 2020 to receive a $0 Monthly Plan Fee for the first 12 months. At the end of the 12-month period the standard Monthly Plan Fee at that time, currently $10, applies to the Business One Low Plan. Other fees and charges, terms and conditions, apply to the Business One Low Plan. This offer may be repeated from time to time, withdrawn, varied or extended at any time.  This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors and read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement at  https://www.westpac.com.au/business-banking/bank-accounts/, before deciding.