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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 before 29 February 2020.*Terms and conditions, fees and charges apply. 

   

120,000 bonus Qantas Points

Earn 120,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new BusinessChoice Rewards Platinum Mastercard card within 90 days from card approval1.

 

For new cards approved by 29th June 2020. Exclusions apply.

  

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 tool2 

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.

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.

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

80,000 bonus Altitude Points

Earn 80,000 bonus Altitude Points when you spend $3,000 on eligible purchases on your new Altitude Business Platinum Mastercard within 90 days from card approval3.

 

For new cards approved by 29th June 2020. Exclusions apply.

  

60,000 bonus Altitude Points

Earn 60,000 bonus Altitude Points when you spend $3,000 on eligible purchases on your new Altitude Business Gold Mastercard within 90 days from card approval4.

   

For new cards approved by 29th June 2020. Exclusions apply.

  

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 June 2020.

$10 discount on monthly Presto Smart Pricing Plan

For the first 6 months if you apply before 30 September 2020. Also receive the Business One High Plan or Low Plan monthly account fee waived for first 12 months while you take out a Presto Smart terminal and stay on a Merchant Pricing Plan (saving you up to $240).

Terms and conditions, fees and charges apply.

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.


Featured products

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).

Find out more

Manage your Term Deposit online

Westpac Live allows you to manage your eligible Term Deposit online during the Six Business Day Variation Period.

Find out more

Employer Superannuation

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

Find out more

Things you should know
*Open a new Business One - Low Plan account between 1st Feb and 29th Feb 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.