Business Deposit Accounts Rates, Fees & Charges

Interest Rates

Description Amount
Business Investment Account 7.50 % p.a.

Business Term Deposits

For deposits between  > $1,000 and 249,999 $250,000 and $499,999
30 days 6.80 % p.a. 6.85 % p.a.
60 days 6.85 % p.a. 6.90 % p.a.
90 days 6.90 % p.a. 6.95 % p.a.
180 days 7.00 % p.a. 7.00 % p.a.
1 year 6.30 % p.a. 6.35 % p.a.
2 years 6.30 % p.a. 6.40 % p.a.
Early Withdrawal Percentage Rate ^ 2.00 % p.a. 2.00 % p.a.

For deposit amounts of $500,000 or more, please call us on 13 15 63

^This will apply when you withdraw your Term Deposit Prior to maturity. We will reduce the fixed rate by the early withdrawal percentage rate, up to the amount of accrued interest. NB You cannot make a partial withdrawal.

Interest rates are current as at 8-Oct-2008 and are subject to change without notice. If you would like to know todays market rates call us on 1300 658 108. Interest rates for Business Term Deposits will be set on the day the completed application is received. Fees and charges may apply. Terms and Conditions available on request. This is general information only and you should consider if the Business Investment Account and/or the Business Term Deposit Account is appropriate for you.

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General Fees and Charges
Description Amount
Ongoing account keeping fees Free
Internet and phone banking balance enquires Free
Internet and phone banking transaction history Free

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Standard Dishonour Fees
Description Amount Fee charged
Inward dishonour – cheque deposit
This fee is charged whenever any cheque you deposit is dishonoured (that is, the financial institution on which the cheque is drawn refuses to pay the value of the cheque).
$25 Charged to your account immediately
Inward direct entry dishonour
This fee is charged whenever any incoming direct entry payment to your ME account from your nominated account is dishonoured due to a lack of cleared funds in your nominated account.
$25 Charged to your account immediately
Outward direct entry dishonour
This fee is charged whenever any outgoing direct entry payment from your ME account to your nominated account is dishonoured due to a lack of cleared funds in your ME account.
$25 Charged to your account immediately

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Standard Statement Fees
Description Amount Fee charged
Interim statement request $5 per page Charged to your account immediately
Duplicate statement request $5 per page Charged to your account immediately

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