A transaction and cash management account rolled into one.
- Great for medium to large businesses with high transaction volumes each month
- Free staff assisted deposits and cheque deposits
- Up to 60 fee free withdrawals each month
- Competitive tiered interest rate
Features at a Glance
| Fee-free transactions |
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| Access | We’re making it easier for you with a growing number of ATMs & Branches to ensure your cash is always handy.
Access your day-to-day money with:
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| Overdraft |
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| Payment options |
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| Offset Mode (Only available on eligible Suncorp Small Business Loans) |
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How to apply
| Branch |
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| Phone |
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| Online |
Things you should know
* External transfers include funds transfer, immediate or future dates (internet and staff assisted) from a Suncorp account to an account at another financial institution that participates in BECS.
¹VISA Debit cards are not available to overseas residents, Company/Organisation/Trustee accounts, accounts where the number to sign to operate is two or more (no form of card access is allowed) or minors. VISA Debit card can only be issued in the name of individuals, it cannot be issued in a business name. VISA Debit card must have an account linked as Primary Credit Relationship. Each customer may only have one VISA Debit card per Primary Credit account.
Business Premium Account is issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No: 229882 (“Suncorp Bank”). Other Fees and charges may apply. Please read the Product Disclosure Statement/Product Information Document before making any decision regarding this product. For a paper copy visit your local branch or contact us on 13 11 75.
Fees at a Glance
| Account-keeping fee | $20 (waived if you deposit a minimum of $50,000 in the account each month). |
| Staff Assisted Deposits | Free |
| Cheque Deposits | Free |
| Electronic Transactions (excluding external transfers*) |
Free |
| Fee Free transactions allowed per month | Up to 60 fee free withdrawals each month (includes staff assisted withdrawals, cheque withdrawals and external transfers*) |
Fees if you exceed fee free transactions limit |
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| Staff assisted withdrawals | $1.00 |
| Cheque withdrawals | $0.60 |
| External transfers* | $2.00 |
Fees Always Charged |
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| Withdrawals and enquiries at other Financial Institutions ATMs will incur the ATM Operator Fee charged immediately to your account at the time of transaction by the Financial Institution who owns the ATM. | |
Interest Rates**
Business Premium Account
| Minimum Balance | Annual Interest Rate |
|---|---|
| $500,000 and over | 2.75% p.a. |
| $250,000 - $499,999 | 2.20% p.a |
| $100,000 - $249,999 | 1.25% p.a. |
| $50,000 - $99,999 | 0.90% p.a. |
| $20,000 - $49,999 | 0.40% p.a. |
| $1 - $19,999 | 0.00% p.a |
Interest calculated daily and paid monthly on a tiered basis.
If you would like to earn interest you can use your Business Everyday Account with our Business Saver Account high interest savings account
How to apply
| Branch |
|
| Phone |
|
| Online |
Things you should know
* External transfers include funds transfer, immediate or future dates (internet and staff assisted) from a Suncorp account to an account at another financial institution that participates in BECS.
**Rates Subject to change without notice
Business Premium Account is issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No: 229882 (“Suncorp Bank”). Other Fees and charges may apply. Please read the Product Disclosure Statement/Product Information Document before making any decision regarding this product. For a paper copy visit your local branch or contact us on 13 11 75.