Business Performance Saver Account
Boost your business savings with bonus interest
At a glance
2.20
%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
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 regular deposits 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 to your linked Everyday Business Account, in the prior month |
Base variable rate % p.a. |
|---|---|---|
$0 to $500,000 |
2.20 |
0.50 |
- For balances over $500,000, the base rate of 0.50% p.a. applies.
- Bonus Criteria will be met where $5,000 or more is credited to the linked Everyday Business Account in the prior month. This amount does not include amounts transferred from another one of your BOQ Accounts. Bonus Interest applies for the following month, if the Bonus Criteria is met in the prior month.
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
Our Everyday Business Account is a low fee business transaction account that provides a flexible way to manage business finance and expenses.
- Make business purchases worldwide wherever Visa is accepted with Business Visa Debit
- Full account access via ATM/EFTPOS, Internet and Mobile Banking
- Receive payments faster with a Merchant Facility through First Data
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 below.
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
Access an ongoing line of credit from $50,000
Business Line of Credit
Our Business Line of Credit loan offers convenience, flexibility and peace of mind. Whether you are expanding your business or you need to cover short term cash shortages, you can access additional funds when you need it, up to an approved limit.
- Interest only payments
- Maximum loan term of 25 years (residential security) and 15 years (other security)
- Variable interest rate
