Business Banking
Variable interest rates
Interest rates current as at 8th November 2024 and may be changed at any time1.
Business Cheque Account Plus and Commercial Overdraft
Calculated on the full balance and paid monthly.
| Balances | Rate |
|---|---|
| Under $5,000 |
0.00% p.a. |
| From $5,000 to under $250,000 | 0% p.a. |
| From $250,000 to under $500,000 | 0% p.a. |
| From $500,000 to under $1,000,000 | 0% p.a. |
| $1,000,000 and over | 0% p.a. |
Business Access Saver
Calculated on the full balance and paid monthly.
| Balances | Rate |
|---|---|
| All balances unless otherwise specified | 1.15% p.a. |
Society Cheque Account
Calculated on the full balance and paid monthly.
| Balances | Rate |
|---|---|
| Under $500 |
0% p.a. |
| $500 and over | 0% p.a. |
No interest is paid to you for the:
- Freedom Business Account
- Statutory Trust accounts
Interest rates current as at 8th November 2024 and may be changed at any time1.
Business Maximiser and Commercial Line of Credit
Calculated on the full balance and paid monthly.
| Balances | Rate |
|---|---|
| Under $5,000 |
0.00% p.a. |
| From $5,000 to under $250,000 | 0% p.a. |
| From $250,000 to under $500,000 | 0% p.a. |
| From $500,000 to under $1,000,000 | 0% p.a. |
| $1,000,000 and over | 0% p.a. |
Business Umbrella Investment Loan Account
Calculated on the full balance and paid at the end of March, June, September, December.
| Balances | Rate |
|---|---|
| All balances |
0.01% p.a. |
Important information
1. Zero interest rates may apply, and then you will receive no interest on your account balance. References to interest being paid should be read accordingly.
Conditions and fees apply and may change. This is only general information – it doesn’t take your circumstances into account. Read the terms and conditions and consider if it’s right for you before making any decision. Issued by BankSA – a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.