Business WebSavings Account™
Our Business WebSavings Account™ is a high interest investment account that provides great returns on your investment. Funds can only be accessed through the branch or via Internet Banking.
Features and benefits
- High interest paid on balances from $10,000.
- No monthly account maintenance fee.
- Easy access – there is no need to transfer funds between accounts, you can access your money directly from this account.
- Find out which of our online banking services suits your business needs.
Accessing your account
Interest Rates
- Interest is calculated on daily balances and credited to your account on the last day of each month.
Balance | Interest rate (% p.a.) |
|---|
$0 to less than $5,000 | Nil |
$5,000 to less than $10,000 | Nil |
$10,000 to less than $50,000 | 7.10 |
$50,000 to less than $100,000 | 7.10 |
$100,000 to less than 250,000 | 7.15 |
$250,000 and over | 7.15 |
Fees and charges
Item | Fee/charge |
|---|
Account Maintenance Fee | Nil |
Minimum monthly balance to waive Account Maintenance Fee | N/A |
TRANSACTION FEES |
Branch Deposit | $2.50 |
Branch Withdrawal | $2.50 |
Cheques Written | No access |
Cheques Deposited | $1.00 |
Direct Debit | No access |
Direct Credit | Free |
ATM/EFTPOS |
Bank of Queensland ATM/EFTPOS Withdrawals/Transfers | No access |
Bank of Queensland ATM Balance Enquiry | No access |
Other Bank ATM withdrawals/Balance enquiry | No access |
INTERNET BANKING |
Funds transfer and BPAY® | Free |
Single Pay Anyone or Funds transfer to third party Bank of Queensland accounts | Free |
Multi Payment | $1.30 for up to 10 payments (then $0.15 for each additional transaction) |
Balance Enquiry/Transaction History Enquiry | Free |
How to apply
To apply for a Business WebSavings Account™, drop into one of our convenient locations or call one of our friendly customer consultants on 1300 55 72 72.
Important information
Please view the terms and conditions listed below on the Terms and Conditions page:
Applicable terms and conditions:
- Business Transaction and Investment Accounts Terms and Conditions
- Business Banking Guide to Fees and Charges
Information current as at July 4, 2008.
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Other fees and charges apply. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the relevant terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website.