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Business Premium Account
Easy business banking with no monthly account-keeping fee and unlimited fee-free transactions
Features that save you time and money
Get started today and apply for a Business Premium Account online
Earn IRM{bpa.2.1}1 interest on all balances $20,000 and over
Focus on what matters to your business
Flexible payment options
With a Visa Debit card2 Apple Pay and Google Pay
Save time with bank feeds
Link your transaction data directly into Xero or MYOB.
Pay less interest on your loan
By using the balance of this account to offset an eligible Suncorp Small Business Loan.
Better cash flow management
If you link with a Business Overdraft.
More for your business
We can help with Business Loans, in-store EFTPOS machines and online eCommerce payment solutions to make running your business even easier.
Rates & fees
| Monthly account keeping fee | $0 |
| Cheque deposits and staff assisted deposits | Free |
| Electronic transactions (including external transfers) | Free |
| Unlimited withdrawals from your account each month. This includes cheque withdrawals, BPAY or external transfers. ATM withdrawals at Suncorp ATMs are always fee-free. | Free |
| IRM{bpa.1.1} | IRM{bpa.2.1} |
| IRM{bpa.1.2} | IRM{bpa.2.2} |
| IRM{bpa.1.3} | IRM{bpa.2.3} |
| IRM{bpa.1.4} | IRM{bpa.2.4} |
| IRM{bpa.1.5} | IRM{bpa.2.5} |
| IRM{bpa.1.6} | IRM{bpa.2.6} |
Plus maximise your interest with our flexiRates account feature
Choose to lock a portion of your savings away within your Business Premium Account for a nominated period and earn higher interest depending on the period you select. flexiRates are easy to set up and manage in Internet Banking or the app.
Find out more about flexirates or read our flexiRates FAQs.
Please refer to the Product Information Document for more information.
| flexiRates Period | Annual Interest Rate |
| IRM{bsavaf.1.1} | IRM{bsavaf.2.1} |
| IRM{bsavaf.1.2} | IRM{bsavaf.2.2} |
| IRM{bsavaf.1.3} | IRM{bsavaf.2.3} |
| IRM{bsavaf.1.4} | IRM{bsavaf.2.4} |
Alternatively, if you have a Business Loan, the money in this account can be used to offset the balance of the loan, to reduce the interest you pay.
When Business Premium Account is part of a Business Ready Package.
| IRM{bpabrp.1.1} | IRM{bpabrp.2.1} |
For more information about the Business Premium Account, download our Product Information Document.
You may also like to compare our Business Bank Accounts
What makes us a great choice?
Bank of the Year
Awarded Money magazine Bank of the Year 2018, 2019, 2020 & 2021 for outstanding value.
Security is top priority
We’re committed to protecting your personal information and providing you a safe banking environment.
Convenient access to your money
Manage your money simply and safely with our Suncorp app or Internet Banking.
We can help with a range of payment solutions
However you like to be paid, we have a range of flexible instore and online payment solutions. Plus, you may be able to pay lower merchant fees on debit card contactless transactions with our Wave and Save EFTPOS solution.
Specialists that understand your business
Whatever you need, we’re here to help. Visit us in store or talk to someone at one of our contact centres.
Get up and running today
Call 13 11 55
Talk to a specialist in one of our contact centres
We’re open 8am – 6pm, Mon – Fri
1.
2. VISA Debit cards are not available to overseas residents, Trustee accounts, accounts where the number to sign to operate is two or more (no form of card access is allowed) or minors. VISA Debit card can only be issued in the name of individuals, it cannot be issued in a business name. VISA Debit card must have an account linked as Primary Credit Relationship. Each customer may only have one VISA Debit card per Primary Credit account.
Business Premium Account is issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No: 229882 (“Suncorp Bank”). Other Fees and charges may apply. Please read the Product Information Document before making any decision regarding this product. For a paper copy visit your local branch or contact us on 13 11 55.
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Self Managed Super Fund
Self-managed super funds (SMSFs) are a way of saving for your retirement. You're in control – you make the investment decisions for the fund and are responsible for complying with the super and tax laws.
Interest
Interest is calculated based on the parts of your account balance which fall within a set dollar and interest rate range.
Self Managed Super Fund
Self-managed super funds (SMSFs) are a way of saving for your retirement. You're in control – you make the investment decisions for the fund and are responsible for complying with the super and tax laws.
