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*
Your Bonus Interest
Here's how you can earn your Bonus Interest with our best high interest savings account:
Bonus Criteria
- Deposit a minimum of $5000 into your linked Everyday Business Account each month from an external source- like you sales and;
- 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)
Important Information
- 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
Temporary changes to the Bonus Criteria
To support our customers through these uncertain times, the requirement to make 5 or more eligible transactions from your linked Everyday Business Account has been paused, until 31 August 2020. Learn more.
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Show me how it works!
Here's an example of how it works....
Fees & Interest rates
When it comes to savings, we keep our fees to a minimum & rates to a max! Any fees we do have we’ll show you up front so there are no surprises.
Interest Rates
| Balance | Base + Bonus variable rate % p.a.* | 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.
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
Ready to apply?
Apply for an Everyday Business Account & Business Performance Saver
Already have an Everyday Business Account?
Visit a branch or call us on 1300 714 986 to open a Business Performance Saver and link to your existing account.
Visit a Branch
- Download the account opening checklist according to your business structure
- Find your nearest branch
- Bring your documents and ID along to the branch
What else can we help you with?
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
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
