Freedom Business Account Business Cheque Account Plus Business Access Saver
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Business purpose      

Everyday business bank account

     

Earn interest on business funds

 

 

(regular access)

 

(regular access)

Accessing your money      
Internet & Phone Bankingincluding from your mobile & tablet      
Branch      
ATM      
Cheque      
EFTPOS      
Business Visa Debit Card2, Freedom Card (ATM)      
SMS/Email alerts3      
Features      
Business Connect      
Free online legal and taxation advice4      
Business Hub      
Monthly account keeping fee

$10
(if your minimum monthly balance exceeds $100,000, fee for that month may be waived)

Special offer - Monthly Account Keeping Fee waived for 12 months on new accounts opened before 31 May 2017. Standard fee applies after this time, currently $10 per month.

$205 $0
Minimum opening balance $0 $0 $1
eStatements      
Transaction fees (charged for each transaction when monthly fee-free allowance is exceeded)      
Internet & Phone Banking1 Free Free Free
St.George/BankSA/Bank of Melbourne/Westpac ATM in Australia and EFTPOS Free Free N/A
Electronic Agency $1 $1 N/A
Cheque $0.50 $0.50 N/A
Staff assisted, over the counter transactions including branch agencies and express deposit $1 $1 $3
Direct Credit Free Free Free
Other fees (charged for each item processed when monthly fee-free allowance is exceeded)      
Direct Debit Free Free N/A
ATM mini transaction history Free Free N/A
Collection $0.50 $0.50 $1
Frequent statement fee (each month) $2 $2 $2
SMS Alerts $0.25 $0.25 $0.25
Interest rates (per annum)      
Balances up to $4,999.99 N/A 0% 0.60%
$5,000 to $99,999.99 N/A 0.01%
0.60%
$100,000 to $249,999.99 N/A 0.01% 0.60%

$250,000 to $499,999.99 N/A 0.05% 0.60%
$500,000 to $999,999.99 N/A 0.10% 0.60%
$1,000,000 to $4,999,999.99 N/A 0.15% 0.60%
Balances $5,000,000 and over N/A 0.15% 0.60%
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The Detail

Conditions and fees 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 Product Disclosure Statement or Terms and Conditions:

Freedom Business Account and Business Cheque Account Plus:

Business Access Saver:

Term Deposit:

Consider if the product is appropriate for you. The Product Disclosure Statement and 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.

Bank of Melbourne - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714.

Charges for special services may apply when using some services via Internet and Phone Banking, and Business Banking Online.

Available on selected business transaction accounts. Customers must be 18 years or over and have an Australian residential address.

SMS Alerts cost $0.25 per alert. Email alerts are free.

You can contact lawyers and accountants nominated by Bank of Melbourne for advice at no charge. A maximum of 3 contacts can be made in relation to any one issue. After the third contact you may choose to engage the legal or accounting adviser at your cost. These services are provided by third parties for which Bank of Melbourne accepts no responsibility and are available via email only.

This fee does not apply if you have a Commercial Overdraft or Business Maximiser Overdraft facility. Please see the Business Lending and Finance Facilities Fees and Charges for specific services and loan accounts booklet for the monthly account keeping fee/loan administration fee that will apply to your facility. Credit applications are subject to Bank of Melbourne’s normal lending criteria.