Boost your savings with a higher rate! BONUS 1.65%p.a. on Business Options package.
A cheque account for business customers who want lower costs
This product has a monthly account-keeping fee of $10 and has fee-free transactions, but pays no interest.
| Feature |
Description |
| Fee-free transactions |
Up to 30 fee free deposits and withdrawals each month (excludes certain transaction types). |
| Access |
Access your account through Internet banking, cheque book, card and branch and phone banking. |
| Overdraft |
The account can be linked to a Business Overdraft upon approval. |
| Payment options |
Use EFTPOS, BPAY Biller or Business Payments to receive customer payments or to make payments to suppliers. You need to apply for these services and they have a separate fee structure. |
| Offset Mode
(Only available on Suncorp Small Business Loans)
|
When you have an eligible Suncorp Small Business loan, you can choose to operate your business account in Offset mode. The balance of your account is offset against your linked Small Business balance, reducing the amount of interest that you pay on the Small Business loan. |
Fees
| Item |
Description |
| Account-keeping fee |
$10 per month |
| - with Options feature |
+ $5.00 |
| Fee Free transactions allowed per month |
30 |
| Fees if you exceed fee free transactions |
|
| Electronic - includes Suncorp ATM withdrawals, BPAY®, EFTPOS transactions, Electronic Withdrawals (Direct Debits) and Electronic Credits (Direct Credits). Excludes electronic transfers to another financial institution. |
$0.20 per transaction |
| Cheque - includes each cheque withdrawal and each cheque deposit. |
$0.60 per transaction |
| Staff assisted transactions - includes deposits, withdrawals, internal transfers and BPAY® made in the branch and staff-assisted phone transfers. |
$0.70 per transaction |
| Fees Always Charged |
|
| Non-Suncorp ATM enquiries and non-Suncorp ATM withdrawals in Qld are always charged. |
$2.00 per transaction |
Disclaimer
Introductory rate applies to an Everyday Options Account linked to an Everyday Options Sub-account and to a
Business Investment Account Options (which must be linked to a Business Cheque Account, Business Standard Account
or a Business Management Account). In order to qualify for the introductory rate these accounts must be opened
between 11th October 2008 and 30th November 2008. Rate applied until 1st February 2009 after which time the then
current standard rate of interest applies and will then be subject to change without notice. Introductory rate
applies on balances up to $5,000,000.00. The current standard rate applies for balances over $5,000,000.00. Terms,
conditions, fees and charges apply to this account and are available on request. Please read the relevant Product
Information Document before you make any decisions regarding these products. Contact us on 13 11 55 or in branch
for a copy. Banking products are issued by Suncorp-Metway Ltd ABN 66 010 831 722.
