Summary
Business One Plus
Our everyday business account designed for businesses that mainly bank electronically but also want an allowance of free staff-assisted transaction each month.
- Partner offers on key business services
- 25 staff-assisted transactions a month
- Business Debit Mastercard with temporary card lock feature2,3
- Link your card to Apple Pay, Google Pay TM or Samsung TM to take payment with your smartphone or wearable
- Optional overdraft facility4
The important numbers
- $10 monthly fee
- $0 international transfers5
- Unlimited free electronic transactions1
- $3 staff-assisted transactions include cheques written, collected, and deposited, branch assisted deposits and withdrawals, and narrated credits
- Business One Plus does not pay interest
Eligibility check for online opening
- Sole trader
- Operating in Australia with an Australian address
- 18+ years old (applicant plus all signatories)
Are you a sole trader?
Are you already a Westpac customer?
What to have handy
- Your Westpac Online banking sign in details. To save you time, we’ll pre-fill details that we already know about you.
By continuing you agree
- You have read our Privacy Statement which explains how we collect, use and disclose your personal information, including marketing communications which we send to you.
- You have read our Financial Services Guide (PDF 249KB) which provides important information on the financial services and products we offer as a financial services licensee.
By opening the account, you agree:
- To the Deposit Accounts for Business Customers Terms and Conditions (PDF 911KB) and the Online Banking Terms and Conditions (PDF 1MB) that apply to the products and services you are applying for.
- To us sending you a Business Debit Mastercard® and linking it to your account, as set out in the Business Debit Mastercard® Terms and Conditions (PDF 235KB) (if applicable).
- To provide your consents to the actions we may take in processing your application including:
- for us to contact you about this application.
- for you to receive communications about your account, as well as account statements and terms and conditions electronically. You may change your communication preferences in Online Banking or by contacting us at any time. If you are not registered for Online Banking, you will receive account statements in paper form.
- To acknowledge your obligations including Anti-Money Laundering/Counter-Terrorism Funding requirements and our other reporting obligations if you are a foreign tax resident.
Ready to get started?
Things you should know
1. 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 911KB).
2. Business Debit Mastercard® holders need to be at least 18 years of age, and other eligibility criteria apply.
3. Card Lock will temporarily stop new transactions on your card for up to 15 days or until reactivated. The card will reactivate after 15 days if you do not cancel the card. Cards to which a temporary lock can be applied will be listed when you sign in to Mobile Banking or Online Banking and visit Lock a card temporarily under Cards services.
4. Optional overdrafts are subject to credit approval, eligibility criteria and fees.
5. 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.