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Business Online Saver account

Online Saver account image   An on-call savings account for your business, with one competitive rate, no matter what the balance of your account.  
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More info

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  > account fees
  > service fees
  > Business Online banking
  > DeskBank
  > Business Banking review

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  > business manager
  > phone 0800 177 188
(Monday to Friday,
8am to 6pm)

Features of the Business Online Saver account *
With a Business Online Saver account you get
one competitive interest rate - no matter what the balance is in your account**  
free on-call access to your money 24 hours a day, 7 days a week, through Business Online banking, Phone Banking and ATMs  
no monthly account maintenance fee or 'online' transaction fees, and  
no minimum balance is required.  
* To operate the Business Online Saver account, you must hold a Westpac business transaction account and be able to access your account online via Internet Online banking, Business Online banking, Corporate Online or Deskbank. Any transfers from your Business Online Saver can only be made directly to your business transaction account. ATM access is for balance enquiry and funds transfers only—no cash withdrawals can be made.
Online account management
Managing your Business Online Saver account online is easy and helps you keep track of how much you’ve saved.
To make deposits into your Business Online Saver account you can
transfer funds using Business Online banking, Phone Banking, or at an ATM
set up an automatic payment, Payline split or SweepOver to regularly deposit funds from another account.
To withdraw money from your Business Online Saver account
you can make an electronic transfer to your Westpac business transaction account, free of charge
funds transferred from Business Online Saver into your Westpac business transaction account are cleared funds and can be withdrawn immediately.
Account statements
will be sent to you every six months
can be stopped if you prefer to get your account information online.
Call 0800 177 567 to stop your paper statements.
Your interest
Balance   Interest rate p.a.
All balances   3.40%
Interest rates are current as at 31 July 2010 and are subject to change at Westpac's discretion.
**Interest is calculated daily on the full credit balance and paid (less resident withholding tax) into your Business Online Saver account on the last business day each month
You can get a copy of the current disclosure statement for Westpac New Zealand Limited from any Westpac branch in New Zealand, free of charge. Interest rates are subject to change.
The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.
Copyright©2009 Westpac New Zealand Limited