DealRadar AU
Updated 10-05 20:00
BankingBank offerHigh value

Westpac Business One Account: $100 Bonus for $100 Deposit

Westpac
Posted 4 days ago

Westpac Business One Account: $100 Bonus for $100 Deposit

360 days leftEnds Fri 1 October at 00:00

Open a new Westpac Business One or Business One Plus transaction account and deposit at least $100 in a single transaction within 10 days to receive a $100 welcome bonus. The account has no monthly keeping fees. Promo code WELCOME100 may be required. Offer ends 30 Sep 2027.

Our readers say
Source: OzBargain1003 comments
Original title

Open a Westpac Business One Account, Deposit Min $100 in 1 Transaction within 10 Days, Receive $100 Bonus Deposit

Something wrong?

Quick take

Good for
  • Holders of an ABN/ACN (business owners, sole traders)
  • Those needing a fee-free basic business transaction account
Not for
  • Individuals without a registered business entity
  • Users unable to meet the 10-day deposit window
Why it's worth a look
  • A 1:1 return ($100 bonus for $100 deposit) is exceptional value
  • The account itself has no monthly fees, making it low-risk to hold long-term
Watch out
  • You typically need an ABN or ACN to open a business account; personal users cannot apply
  • Strictly adhere to the 'single transaction' and 'within 10 days' rules to qualify
Worth doingsave ~$100, done in 15 min
Worth it?
$100
Estimated saving (price drop + cashback + cash rewards)
Reward offer
Effort
Moderateabout 15 min
Moderate
Promo codeNSW/VIC/QLD/WA/SA/TAS/ACT/NT onlyNew customersMin. spend $100ID check
Any catches?
1 caution

Requires ABN/ACN for eligibility check.

See all risk notes ↓
Ends360 days leftFri 1 October at 00:00Who can do it: Open to everyoneNo feedback yet — tell us how it went if you try it

Fill in your profile and we'll tell you whether you can do this (state, visa status, banks, memberships).

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Tried it? Tell us how it went to help others

How did it go?

Westpac Business One Account: $100 Bonus for $100 Deposit

How to do it

  1. 1Apply for a new Business One or Business One Plus transaction account via Westpac's website or branch.
  2. 2Use the promo code WELCOME100 if prompted during application.
  3. 3Complete the account opening process.
  4. 4Deposit at least $100 into the new account in a single transaction within 10 days of opening.
  5. 5Wait for the $100 bonus to be credited (timeline varies by bank processing).
Money-saving tip: Ensure you have valid business credentials (ABN/ACN) before applying. This deal is not suitable for standard personal banking needs.

Conditions

  • New accounts only (Business One or Business One Plus).
  • Deposit must be made within 10 days of account opening.
  • Deposit must be a single transaction of at least $100.
  • Eligibility likely requires an ABN or ACN (Australian Business Number/Company Number).
  • Offer expires on 30 September 2027.

Risks

  • CautionRequires ABN/ACN for eligibility check.
  • NoteRequires a $100 minimum order. Don't buy things you don't need to reach it.
  • NoteID verification required. Only submit documents in the official app or website.
  • NoteOnly available in NSW / VIC / QLD / WA / SA / TAS / ACT / NT.

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