Business Management Account
The convenience of a transaction and investment account in one
An account that's suitable for customers with minimum monthly balances over $20,000 or customers with seasonal cashflows.
| Feature |
Description |
| Fee-free limit |
Up to 60 fee free deposits and withdrawals each month (excludes certain transaction types). |
| Access |
Access your account through Internet banking, cheque book, card and branch and phone banking. |
| Overdraft |
The account can be linked to a Business Overdraft upon approval. |
| Payment options |
Use EFTPOS, BPAY Biller or Business Payments to receive customer payments or to make payments to suppliers. You need to apply for these services and they have a separate fee structure. |
| Interest |
Competitive tiered interest rate. |
| Offset Mode
(Only available on Suncorp Small Business Loans)
|
When you have an eligible Suncorp Small Business loan, you can choose to operate your business account in Offset mode. The balance of your account is offset against your linked Small Business balance, reducing the amount of interest that you pay on the Small Business loan. |
Fees
| Item |
Description |
| Account-keeping fee |
$20 per month if your minimum monthly balance falls below $20,000 |
| - with Options feature |
+ $5.00 |
| Fee Free transactions allowed per month |
60 |
| Fees if you exceed fee free transactions |
|
| Electronic – includes Suncorp ATM withdrawals, BPAY®, EFTPOS transactions, Electronic Withdrawals (Direct Debits) and Electronic Credits (Direct Credits). Excludes electronic transfers to another financial institution. |
$0.20 per transaction |
| Cheque – includes each cheque withdrawal and each cheque deposit. |
$0.60 per transaction |
| Staff assisted transactions – includes deposits, withdrawals, internal transfers and BPAY® made in the branch and staff-assisted phone transfers. |
$0.70 per transaction |
| Fees Always Charged |
|
| Non-Suncorp ATM enquiries (all states) and non-Suncorp ATM withdrawals in Qld are always charged. |
$2.00 per transaction |
