Business Banking Interest Rates

Below are interest rates for our deposit accounts, business loans as well as our older 'grandfathered' accounts.

 

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Business Everyday Account

Minimum Balance Annual Interest Rate
All Balances No Interest

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.

Business Saver Account

Minimum Balance Annual Interest Rate
All Balances 4.75% p.a.

Variable interest rate. Interest is calculated daily and paid monthly.

Business Saver Account flexiRates

Interest Type Annual Interest Rate
3 months 5.55% p.a.
6 months 6.20% p.a.
12 months#
or choose your own end date, log onto Internet Banking for today's rates
6.40% p.a.
4 month special 5.70% p.a.

Interest is calculated daily on the whole balance of the nominated flexiRate amount and paid at the end of the flexiRate period. flexiRate interest is fixed for the nominated flexiRate period. The maximum flexiRate period is 1 year. An interest adjustment will apply if we allow you to release your flexiRate early.

Business Casual Overdraft Reference Rate

Annual Interest Rate
Informal Overdraft 19.75% p.a.

Calculated daily and applied monthly to your account.

Farm Management Deposit - At Call

Minimum Balance Annual Interest Rate
$1,000 - $400,000 3.75% p.a.

Interest is calculated daily and paid annually on anniversary of maturity.

Farm Management Deposit - Fixed Term

Term Interest Paid $1,000 - $49,999 $50,000 - $99,999 $100,000 - $400,000
1 month Maturity 3.80% p.a. 3.80% p.a. 3.80% p.a.
2 months Maturity 3.80% p.a. 3.80% p.a. 3.80% p.a.
3 months Maturity 4.80% p.a. 4.80% p.a. 4.80% p.a.
6 months Maturity 5.30% p.a. 5.30% p.a. 5.30% p.a.
9 months Maturity 5.30% p.a. 5.30% p.a. 5.30% p.a.
12 months Maturity 6.55% p.a. 6.55% p.a. 6.55% p.a.
24 months On anniversary & maturity 6.55% p.a. 6.55% p.a. 6.55% p.a.

Monthly interest payments are available on terms 2, 3, 6, 9, 12 and 24 months at 0.30%p.a. below the rates listed in the table above.
Quarterly interest payments are available on terms 6, 9, 12 and 24 months at 0.25%p.a. below the rates listed in the table above.
Half yearly interest payments are available on terms 12 and 24 months, at 0.15%p.a. below the rates listed in the table above.

Business Ready Package

Minimum Balance Annual Interest Rate
All Credit Balances 4.00% p.a

Interest is calculated daily and paid monthly.


 

Small Business Loans*

Loan Type Annual Percentage Rate - Residential Security
Variable Rate
9.09% p.a.
Business Essentials Loan Rate 7.18% p.a.
1 Year Fixed Rate
7.05% p.a.
2 Year Fixed Rate
7.70% p.a.
3 Year Fixed Rate 7.70% p.a.
4 Year Fixed Rate 8.75% p.a.
5 Year Fixed Rate
9.05% p.a.

*An interest margin of 0.15% (for new business) will be added to Small Business Loans with Commercial/Other Security.
These interest rates do not apply to Small Business Loans regulated by the National Credit Code. Please ask us for details of rates applying to regulated Small Business Loans.

Small Business Overdrafts#

Loan Type Annual Percentage Rate - Residential Security Annual Percentage Rate - Commercial/Other Security
Variable
10.59% p.a.
10.74% p.a.

#Calculated as the Bank's Small Business Overdraft Reference Rate plus a margin.
These interest rates do not apply to Small Business Overdrafts regulated by the National Credit Code. Please ask us for details of rates applying to regulated Small Business Overdrafts.

Small Business Line of Credit#

Loan Type Annual Percentage Rate - Residential Security Annual Percentage Rate - Commercial/Other Security
Variable 9.19% p.a. 9.34% p.a.

#Calculated as the Bank's Small Business Line of Credit Reference Rate plus a margin.
These interest rates do not apply to a Small Business Line of Credit regulated by the National Credit Code. Please ask us for details of rates applying to a regulated Small Business Line of Credit

Low Doc*

Margin Type Margin
Low Doc 0.15% p.a.

*Low Doc option is available on Standard Variable, 1 Year Fixed, 2 Year Fixed, 3 Year Fixed, 4 Year Fixed and 5 Year Fixed loans. Low Doc Customer Margin will be added to relevant rate displayed.

Business Credit Cards

Loan Type Annual Interest Rate
Suncorp Clear Options Business Card – Purchases 17.95% p.a.
Suncorp Clear Options Business Card – Cash Advance 17.95% p.a.

Download the Schedule of Fees and Charges (PDF, 161KB) for other Suncorp Bank Business Accounts

Business Standard

Minimum Balance Annual Interest Rate
All Balances No Interest

Business Cheque

Minimum Balance Annual Interest Rate
All Balances
No Interest

Business Management Account

Minimum Balance Annual Interest Rate
$500,000 and over
2.60% 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.

Business Investment Account

Minimum Balance Annual Interest Rate
$100,000 + 2.55% p.a
$50,000 - $99,999 1.05% p.a
$1 - $49,999 0.00% p.a.

Variable interest rate. Interest calculated daily and paid at month end on a tiered basis.

Business Investment Account - Options

Minimum Balance Annual Interest Rate
All Balances 4.65% p.a.

Variable interest rate. Interest is calculated daily and paid monthly.

Business Investment Account flexiRates

Interest Type Annual Interest Rate
3 months 5.55% p.a.
6 months 6.20% p.a.
12 months#
or choose your own end date, log onto Internet Banking for today's rates
6.40% p.a.
4 months special 5.70% p.a.

Interest is calculated daily on the whole balance of the nominated flexiRate amount and paid at the end of the flexiRate period. flexiRate interest is fixed for the nominated flexiRate period. The maximum flexiRate period is 1 year. An interest adjustment will apply if we allow you to release your flexiRate early.

iBus Maximiser Account

Minimum Balance Annual Interest Rate
All Balances 4.65% p.a.

Variable interest rate.
# Interest calculated daily and paid monthly on a stepped basis.

iBus Maximiser Account flexiRates

Interest Type Annual Interest Rate
3 months 5.55% p.a.
6 months 6.20% p.a.
12 months#
or choose your own end date, log onto Internet Banking for today's rates
6.40% p.a.
4 months special 5.70% p.a.

Interest is calculated daily on the whole balance of the nominated flexiRate amount and paid at the end of the flexiRate period. flexiRate interest is fixed for the nominated flexiRate period. The maximum flexiRate period is 1 year. An interest adjustment will apply if we allow you to release your flexiRate early.

Business Finance Pak

Minimum Balance Annual Interest Rate
$50,000 and over 0.50% p.a
$20,000 - $49,999 0.01% p.a
$2,500 - $19,999 0.01% p.a
$1 - $2,499 0.01% p.a

Interest calculated daily and paid Half yearly on a tiered basis.