Business Performance Saver Account
Boost your business savings with bonus interest
At a glance
1.60
%P.A.
^^
For balances up to $500,000 when Bonus Criteria is met*
ONGOING
Bonus Interest variable rate when you meet the Bonus Criteria*
FREE
Transfers to your linked Everyday Business Account while still earning Bonus Interest*
$
0
Minimum account balance
Your Bonus Interest
Here's how you can earn your Bonus Interest with our best high interest savings account:
- Deposit a minimum of $5000 into your linked Everyday Business Account each month from an external source- like you sales;
- Make 5 or more eligible transactions from your linked Everyday Business Account each month such as settled Visa Debit Card or eftpos card purchases, ATM withdrawals or direct debits (Temporarily paused till 31 August 2020)
- Earn Bonus Interest 1.60% p.a. in the following month on your Business Performance Saver Account balances
- For balances over $500,000 the Base Rate of 0.25% p.a. applies
- Your account will earn the Base Rate in the month that you open it and any month you don't meet the Bonus Criteria
-
Show me how it works!
Here's an example of how it works....
Why choose our Business Performance Saver?
Earn an ongoing, competitive variable interest rate on your business savings that rewards you for using your linked Everyday Business Account.
Ongoing Bonus Interest
Earn Bonus Interest variable rate by making $5,000 or more deposits + 5 eligible transactions to your linked Everyday Business Account*
No minimum account balance
Start earning Bonus Interest on balances up to $500,000
Unlimited transfers
Make unlimited online transfers to your linked Everyday Business Account while still earning Bonus Interest*
Interest rates
Interest is calculated daily and paid monthly.
Business Performance Saver Interest Rates
| Balance | Bonus Interest variable rate % p.a.* Applies where $5,000 is deposited + 5 eligible transactions to your linked Everyday Business Account, in the prior month |
Base variable rate % p.a. |
|---|---|---|
$0 to $500,000 |
1.60 |
0.25 |
- Interest rates are variable rates and are subject to change at any time without notice.
Ready to apply?
Apply for your Business Performance Saver and linked Everyday Business Account in branch or enquire online.
Visit a branch
Linked to your Everyday Business Account
Benefit from the Everyday Business Account which will be opened and linked to your Business Performance Saver when you apply.
Our low fee business bank account
Everyday Business Account
Manage your transactions with ease - all for a low monthly fee.
- Free branch, ATM and cheque deposits
- Free Direct Debits and Direct Credits
- Easy account access through ATM/EFTPOS, Internet and Mobile Banking
Fees
At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.
Business Performance Saver Account Fees and Charges
Features |
Applicable Fees |
|---|---|
Account maintenance fee |
Nil |
Minimum monthly balance |
Nil |
Account maintenance and transaction fees may apply for the Everyday Business Account.
A full list of fees and charges is available in our Fees and Charges Guide
Important information
For important information on the Business Performance Savings Account, view the Terms and Conditions.
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Manage your cashflow and cover expenses
Business Overdraft
You can't always predict when an unexpected expense will arise, or when you need to cover shortages in your cash flow. Our Business Overdraft gives you access to a minimum of $10,000, up to an approved limit.
- Attach to your BOQ Business Transaction Account for access when you need it
- Interest only charged on funds utilised
- Access your overdraft via EFTPOS, online banking, direct debit, in branch or via cheque
