Get a free Square Reader and fee-free processing on your first $1000 of transactions^
When you open a BOQ Everyday Business AccountLearn more
Whether you need a business bank account that has low fees or one that will help you earn interest, BOQ is here to help.
No matter what your bank account requirements are, our Business Owner Managers are here to help you choose the best option for your business. Get in touch and find out the BOQ’s relationship banking difference.
Our low fee business bank account
Our Everyday Business Account is a low fee business transaction account that provides a flexible way to manage business finance and expenses.
Earn interest on your business transaction account
Our premium business transaction account earns you interest on monthly balances over $50,000.
|Everyday Business Account||Business Management Account|
|Monthly account maintenance fee||$10.00||$15.00|
|Monthly balance to waive account maintenance fee||$5,000||$20,000|
|Pays interest for balances over $50,000|
|Business Visa Debit Card|
The terms and conditions for this product are available online at boq.com.au/termsconditions.htm or at any BOQ branch. This material has been prepared without taking account of your objectives, financial situation or needs. Before making a decision, you should consider whether or not this product is appropriate for you.
^One free Square Reader available to new BOQ business transaction account customers. One Square Reader per customer while stocks last. To be eligible for this offer, $5,000 must be deposited into your transaction account during the first 3 months. Square Reader R.R.P is approximately $59.00. Eligible customer must be registered as a business entity, not individual. You will receive fee- free processing on up to $1,000 in credit card transactions for the first 180 days after registration of your new Square account. Afterwards, Square’s card processing fee is 1.9% per transaction for any Visa, MasterCard or American Express credit or debit card processed through Square Reader, or 2.2% per Square Invoice paid online. Waived processing fees are reimbursed to your account on each deposit. EFTPOS not accepted on the Square Reader device. The Square Reader will be linked to your BOQ transaction account. BOQ reserves the right to charge a one off administration fee of $50 if these terms are not met. BOQ is remunerated by Square on a commercial basis for this offer. Limited time only for new Square Reader customers and not transferable. Offer expires 31 December 2019.
The Square Reader is a device provided through Square AU Pty Ltd ABN 328 167 106 176.
BOQ does not and will not guarantee or otherwise support Square One's obligations under the contracts or agreements connected with the with the Square Reader or the functionality of the Square Reader. For further information please go to www.squareup.com/au