The Business Privileges Package recognises your value and rewards you with ongoing benefits.
To qualify for a Business Privileges Package you just need an Everyday Business Account or a Business Cheque Account and a Business Term Loan or Business Line of Credit ($1,000,000 or less) with Bank of Queensland.
Features and benefits
The Business Privileges Package provides you with the ability to package additional products and services to suit your particular business needs. It doesn’t matter whether it’s through financing for equipment, a greater control of your cash flow or finding a way to leverage your banking for business growth.
You can select from the following optional products and services:
- Business Overdraft (linked to your Everyday Business Account or Business Cheque Account)
- Equipment Finance Master Limit
- Merchant Facility
- Internet Banking
Business Privileges
No matter which products you bundle with your Business Term Loan or Business Line of Credit and Everyday Business Account or a Business Cheque Account, you will only pay one application fee under the Business Privileges Package.
| Business Term Loan or Business Line of Credit | No Business Term Loan or Business Line of Credit Application Fee. | Save up to $7,500*(less package application fee). |
0.15% p.a. interest rate discount. | Save up to $1,500 p.a.*. Available for variable or new fixed rate loans. |
| No Monthly Loan Service Fee | Save up to $120 p.a. on your Business Term Loan or up to $180 p.a. on your Business Line of Credit. |
| Everyday Business Account or Business Cheque Account | No monthly Account Maintenance Fees, regardless of your account balance. | Save up to $120 p.a. on your Everyday Business Account or up to $72 p.a. on your Business Cheque Account. |
*Savings based on a Business Term Loan or Business Line of Credit of $1,000,000.
Optional Privileges
The more you package the more you may save.
Business Overdraft linked to an Everyday Business Account or a Business Cheque Account. | No Business Overdraft Application Fee. | Savings of 0.75% of the approved overdraft limit. |
No quarterly Agreed Credit Advance Fees, regardless of your overdraft limit. | Quarterly fee savings of 0.25% of the approved overdraft limit. |
| Equipment Finance Master Limit | No documentation fee the first time you transact on your Master Limit. | Savings of up to $550. |
| Merchant Facility | No Application Fee. | Savings of $71.50 on each merchant established. |
| Internet Banking | Added Convenience. | - SMS Alerts
- Dual Authorisations
- More payment options
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To qualify
You must maintain an Everyday Business Account or a Business Cheque Account and a Business Term Loan or Business Line of Credit of $1,000,000 or less with Bank of Queensland and pay the annual package fee when due.
Fees and Charges
Annual package fee: $400.00
Application fee: Up to $750.00
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
- Business Lending Supplementary Terms and Conditions
- Merchant Facilities Terms and Conditions
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Standard credit assessment criteria applies and all applications must meet approval guidelines on all products to qualify for the package. Benefits cannot be taken in conjunction with or in addition to any other packages, negotiated interest rates or special offers. Valuation fees are payable. Government fees and charges apply. Other fees and charges are payable.