Start ahead with the startup business hub
Whether you're setting up your banking, taking payments, or planning for growth, Westpac can help you take the next step with confidence.
Get a $100 warm welcome
Deposit a minimum of $100 in a single transaction within the first 10 days using the description WELCOME100 and pocket $100 on us. New business customers only. T&Cs apply.#
Dont just start up, start ahead
Westpac Startup Garage
The steps to starting a business:
All kinds of businesses, all kinds of support
We’re here to back your business with tailored tools and guidance - no matter the size, stage, or industry.
- Contractors
- Sole traders
- Startups
- Partnerships
- Small businesses
- Freelancers
- Micro-businesses
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Things you should know
To be eligible for the $100 Welcome Offer, you must (1) open a Business One or Business One Plus transaction account (Account) (2) have deposited a minimum of $100 in a single transaction within 10 Days of account opening and (3) you must also add a payee description "WELCOME100" to the deposit transaction when transferring the $100 into your new account from another account or financial institution.
Eligibility is limited to a single offer per Account and a single offer per customer. The Offer is available to new Business One or Business One Plus transaction account customers that open a new Account during the Offer Period. Where a Joint Account has been opened, eligibility is limited to a single offer to the primary account holder. The primary account holder is not eligible if, in the last two years, the primary account holder had held or already hold a Business One, Business One Plus, Business One Low Plan or Business One High Plan transaction account.
The $100 Welcome Offer will be provided by way of direct deposit to the newly opened Business One or Business One Plus account within 60 Business days after you meet the eligibility criteria. You are not eligible to receive the offer if you do not include the payee description of "WELCOME100" to the transfer of funds.
The Offer is available from 3rd February 2025 until 30th September 2026 (Offer Period), however, the Offer may be withdrawn or varied at any time without notice or for any reason. We may refuse to provide you or withdraw the Welcome Offer payment if, without limitation, we reasonably believe that (i) you do not comply with these Terms and Conditions or the Terms and Conditions of Business One or Business One Plus, (ii) your account is fraudulent, (iii) you are not acting in good faith, or (iv) you have closed your Business One or Business One Plus account prior to us depositing the $100 Welcome Offer into your new account. This Welcome Offer may have taxation implications. We recommend that you seek independent advice to determine any tax liability or other tax implications based on your individual circumstances. Business One and Business One Plus T&Cs also apply. Westpac Group Employees are not eligible for the Offer.
Unless specifically defined in these Terms and Conditions, terms used here have the same meaning as those defined in the Westpac Deposit Accounts for Business Customers Terms and Conditions.2. Fees may be incurred for certain electronic transactions such as foreign transactions and withdrawals from some overseas ATMs. Customers must be able to meet any applicable fees and charges. For a complete view of fees, please refer to our Terms and Conditions (PDF 793KB).
3. Westpac transfer fees still apply for funds sent in Australian dollars. Receiving bank fees may also apply, check the currency converter for indicative rates and fees.
4. Compatibility: To use EFTPOS Air, your iPhone or Android device must be Near Field Communication (NFC)-enabled and running a supported iPhone Operating System (iOS) or Android Operating System (OS), as listed at westpac.com.au/eftposaircompatibility, which may change from time to time. Tap to Pay on iPhone requires a supported payment app and the latest version of iOS. Update to the latest version by going to Settings > General > Software Update. Tap Download and Install. Some contactless cards may not be accepted by your payment app. Transaction limits may apply. The Contactless Symbol is a trademark owned by and used with permission of EMVCo, LLC.
5. Mobile coverage: Internet connection is required to take payments.
6. 1.4% flat rate pricing: Applies to eftpos, Mastercard and Visa payments by card or digital wallet. 1.4% flat rate pricing for American Express and JCB is charged by American Express and is subject to eligibility. Other fees and charges may be charged by American Express. Separate application with American Express required which jointly covers American Express and JCB cards.
7. Business Transaction accounts: Before making a decision about any of our Business Transaction Accounts, please read the terms and conditions available at westpac.com.au/transaction-accounts. Fees may be incurred for certain electronic transactions such as foreign transactions and withdrawals from some overseas ATMs. Customers must be able to meet any applicable fees and charges. For a complete view of fees, please refer to our Terms and Conditions (PDF 793KB).
8. Eligibility, credit criteria, fees, charges, terms and conditions apply. Contact us for more details.
9. Guarantees may be required.
10. Other fees and charges may apply.
The Lawpath Legal and Accounting Offer provides the first 10,000 Eligible Westpac customers with access to certain Lawpath legal and accounting services for a period of 12 months, subject to these Terms and Conditions
You are eligible if, at the time you accept the Offer, you hold a Westpac Business one or Business One Plus transaction account; you do not hold an active Lawpath Legal Advice Plan or Accounting Advice Plan (including any paid, trial, promotional, bundled or discounted plan); and have not previously accepted this Offer.
The Offer includes the following Plan Inclusions:
- two (2) complimentary 30-minute consultations with a qualified Lawpath lawyer and/or accountant;
- unlimited on-demand live chat access with qualified Lawpath lawyers and accountants during business hours [AEST, Mon–Fri, 9AM - 5PM];
- access to monthly live legal and accounting education workshops delivered via the Lawpath platform; and
- a 20% discount on Lawpath's standard rates for additional legal or accounting services engaged outside the Offer, excluding disbursements, filing fees and GST.
the Offer will be available to the first 10,000 Eligible Customers who accept the Offer unless otherwise varied or withdrawn by Westpac. Once accepted, you have 12 months from acceptance to access the Plan Inclusions. Changes to or withdrawal of the Offer will not affect customers who have already accepted it.
Eligible Customers can accept the Offer via the Business Centre section in Westpac Online Banking or the Westpac App. After acceptance, Eligible Customers access the Plan Inclusions directly through the Lawpath platform.
The Offer and Plan Inclusions are subject to Lawpath’s Offer Terms, Terms and Conditions of Use, including the Consultation terms .
Westpac is not a party to the Legal and Accounting Offer and does not provide, endorse, or guarantee Lawpath’s legal and accounting services made available under this Offer. To the extent permitted by law, Westpac accepts no responsibility and excludes all liability for any loss, damage or liability suffered or incurred by an Eligible Customer arising from, or in connection with, the acceptance or use of the Offer, including any acts, omissions, errors or negligent advice of Lawpath or associated service providers.
Your rights under Australian consumer laws are not affected. At the end of the 12-month access period, you may be offered the option to move to a paid Lawpath plan, with no automatic renewal or billing without your consent. These terms and conditions are governed by the laws of New South Wales, Australia. Any disputes arising in connection with this Offer will be subject to the non-exclusive jurisdiction of the courts of New South Wales.