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Business Access Saver

Bank of Melbourne Business Access Saver
A business savings account that allows you to set money aside for payments such as GST and other taxes.

You can add a transaction account to link to at the same time.

 


Top features

 

  • Access your funds at any time via Internet and Phone Banking through a linked eligible Bank of Melbourne everyday account¹
  • No account-keeping fee²
  • Earn interest on your surplus funds, noting that zero interest rates may apply from time to time³
  • Regularly deposit funds to grow savings balance
  • No minimum monthly balance or deposit required.

 


 

Why open a Business Access Saver account?

 

Earn interest on every dollar

Variable interest rate paid monthly.

No fixed term

Access your funds anytime and keep earning interest. No lock-in contract.

Make tax time easier

Make tax time easier by separating personal and business transactions.

Access anytime

Access to your funds anytime - online, mobile, tablet, branch - with SMS and email alerts to keep track of your account activity1.

 


Fees and interest

Fees and interest
Amount
Account fee $0 account-keeping fee
Transaction fees

Charged when monthly fee-free allowance for linked transaction account is exceeded. Find out more about fees and charges and how to minimise them.

Interest rate Currently 0.01% p.a. Find out more about interest rates.

 


 

Eligibility requirements

 

  • 18+ years old (applicant plus all signatories)
  • Must not be an individual using the account for predominantly personal purposes
  • Eligible entities include sole traders, partnerships, companies, associations, self-managed super funds, trusts and not-for-profit organisations
  • Operating in Australia with an Australian address
  • Needs an eligible Bank of Melbourne business transaction account to link to.

 


 

How to apply

 

Open your account online in as little as 10 minutes^

Don’t have a transaction account to link to? You can add a Freedom Business Account during your application.

 

Other ways to apply

You can also apply over the phone or in branch

The Detail

* Terms and conditions, fees and charges apply.

The information on our website is prepared without knowing your personal financial circumstances. Before deciding to acquire or hold a product, please read the terms and conditions

Consider if the product is appropriate for you. The terms and conditions are important and we encourage you to review, save and print them. If you would like a paper copy ask at your local branch.

1. Access to funds is subject to systems availability. Daily transaction limits apply.

2. Other fees and charges may apply, including for branch access. Fees and charges may be payable on your eligible Bank of Melbourne everyday account.

3. Zero interest rates may apply, and then you will receive no interest on your account balance. References to interest being paid should be read accordingly.

^ Account opening criteria applies.