Business Saver
Business Saver
- 0.55% pa
Maximum Rate
An account designed to help businesses set aside funds for future business needs.
- Minimum balance $2,000 must be maintained in the account
- Funds deposited are only available after 7 days
- A minimum of $500 applies to all deposits or withdrawal transactions
- Interest calculated daily on the closing balance and credited monthly
- Variable interest rate applies
- Interest is paid on the portion of balance within the tier
Business Saver Features
| Business Saver (S87) | |
|---|---|
| Interest Rates | |
| Maximum Rate | 0.55% pa |
| Fees | |
| Monthly Transaction Fee | First 3 withdrawals per month free, then $3 per withdrawal |
| Features | |
| Internet and phone banking | |
| Direct Credits | Unlimited |
| Direct Debits | na |
| RediATM | na |
| Non-RediATM withdrawal or balance enquiry | na |
| Visa Debit | na |
| EFTPOS | na |
| Branch Withdrawals | |
| Member Cheque Withdrawals | na |
| Cash or Cheque Deposits | Yes |
Interest Rates
|
Business Saver (S87) |
Interest Rate |
|---|---|
|
$0 - $4,999 |
0.00% pa2 |
|
$5000 - $19,999 |
0.10% pa2 |
|
$20,000 - $49,999 |
0.20% pa2 |
|
$50,000 - $99,999 |
0.30% pa2 |
|
$100,000 + |
0.55% pa2 |
Important Stuff
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Things you should know:
Terms and Conditions, fees and charges apply and are available on request. All rates are subject to change. Any advice or information on this site is general in nature and does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. We recommend you read all relevant Disclosure documents before acquiring the product.
