Business Banking Factsheet

General Details
Institution
Product Name Business WebSavings Account (1.65% variable intro rate, includes fixed rate of 1.25% for new customers for 4 months on balances $10k to $5m)
Account Type Online
Other Account Access Internet,Statement,Counter
Minimum Opening Amount $1.00
Minimum Balance $1.00
Interest Rates
Interest Calculated Daily
Interest Paid M
Balance Under $1,000 0.00
Balance Over $1,000 0.00
Balance Over $2,000 0.00
Balance Over $5,000 0.00
Balance Over $10,000 0.40
Balance Over $20,000 0.40
Balance Over $50,000 0.40
Balance Over $100,000 0.40
Balance Over $250,000 0.40
Balance Over $500,000 0.40
Balance Over $1,000,000 0.40
Bonus Interest 1.25
Bonus Interest Notes Receive 1.25% p.a. additional interest for 4 months from account opening date to any new customers who open a Business WebSavings Account from 18 October 2019 for a limited time only. Additional interest only applies to balances of $10,000 or more and is not available to existing customers of the bank whether or not they hold a Business WebSavings Account. After 4 months from the account opening date, the interest rate will revert to the standard Business WebSavings Account interest rate.
Account Features
Step Account
Daily ATM Withdrawal Limit
Free Electronic Transactions per Month
FreeOverCounterTransPerMonth
Fee Rebate
Rebate Calculation
Overseas ATM Facilities Cirrus
Fees
Fee per Month $0.00
Counter Deposit Fee $2.50
Counter Withdrawal Fee $2.50
Staff Assisted Transaction Fee $2.50
ATM Balance Fee -
ATM Fee $0.00
Other Bank ATM Fee -
ATM Mini Transaction History Fee $0.00
EFTPOS Fee -
EFTPOS Fee (Other Bank)
Overseas EFTPOS Fee -
Overseas ATM Withdrawal Fee -
Overseas ATM Balance Fee -
Direct Credit Fee $0.00
Direct Debit Fee $0.00
Internet Fee $0.65
Phone Fee $0.00
Debit Card Replacement Fee $0.00
Debit Item Dishonour Fee $0.00

Business Banking Factsheet

Institution
Product Name
Business WebSavings Account (1.65% variable intro rate, includes fixed rate of 1.25% for new customers for 4 months on balances $10k to $5m)
Account Type
Online
Other Account Access
Internet,Statement,Counter
Minimum Opening Amount
$1.00
Minimum Balance
$1.00
Interest Calculated
Daily
Interest Paid
M
Balance Under $1,000
0.00
Balance Over $1,000
0.00
Balance Over $2,000
0.00
Balance Over $5,000
0.00
Balance Over $10,000
0.40
Balance Over $20,000
0.40
Balance Over $50,000
0.40
Balance Over $100,000
0.40
Balance Over $250,000
0.40
Balance Over $500,000
0.40
Balance Over $1,000,000
0.40
Bonus Interest
1.25
Bonus Interest Notes
Receive 1.25% p.a. additional interest for 4 months from account opening date to any new customers who open a Business WebSavings Account from 18 October 2019 for a limited time only. Additional interest only applies to balances of $10,000 or more and is not available to existing customers of the bank whether or not they hold a Business WebSavings Account. After 4 months from the account opening date, the interest rate will revert to the standard Business WebSavings Account interest rate.
Step Account
Daily ATM Withdrawal Limit
Free Electronic Transactions per Month
FreeOverCounterTransPerMonth
Fee Rebate
Rebate Calculation
Overseas ATM Facilities
Cirrus
Fee per Month
$0.00
Counter Deposit Fee
$2.50
Counter Withdrawal Fee
$2.50
Staff Assisted Transaction Fee
$2.50
ATM Balance Fee
-
ATM Fee
$0.00
Other Bank ATM Fee
-
ATM Mini Transaction History Fee
$0.00
EFTPOS Fee
-
EFTPOS Fee (Other Bank)
Overseas EFTPOS Fee
-
Overseas ATM Withdrawal Fee
-
Overseas ATM Balance Fee
-
Direct Credit Fee
$0.00
Direct Debit Fee
$0.00
Internet Fee
$0.65
Phone Fee
$0.00
Debit Card Replacement Fee
$0.00
Debit Item Dishonour Fee
$0.00
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