Things you should know
** $100 Welcome Offer (Welcome Offer or Offer): This Offer
is available to selected customers only and is subject to
eligibility requirements.
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 31 July 2025
(Offer Period), however, the Offer may be withdrawn or varied at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 or
where the customer or primary account holder is a Trust 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.
* The exclusive collection of partner offers total has been calculated assuming you take up all partner offers for the entire offer period and, where applicable, based upon the highest subscription offered. For MYOB, value has been calculated based on a monthly MYOB Business Pro subscription. Samsung involves an initial purchase of $4,000, followed by a subsequent $1,000 purchase. For Uber, value has been calculated based on an average annual spend of $67,946 from active organisations with 200-250 employees.
