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Running a self-managed super fund (SMSF)

Start taking control over the growth and security of your future wealth today using a range of Suncorp banking products to manage your self-managed super fund.

What is a self-managed super fund?

A self-managed super fund (SMSF) is a flexible and personalised superannuation fund that helps its members save for retirement.

One difference between other super funds and an SMSF is that members of the SMSF have a greater degree of control over the investment strategy of the fund.

Think of it as a ‘DIY super fund’ because, while SMSF members can invest in a wide range of assets, members are also responsible for running the fund, paying expenses, keeping records, and ensuring it’s legally compliant.

Understanding self-managed super funds

Why choose Suncorp Bank for your self-managed super fund needs?

By choosing Suncorp you’ll have access to a range of products that integrate with self-managed super funds.

We have a choice of easy-to-use transaction, investment and borrowing options that make setting up and managing your SMSF simple.

Our business bank accounts can help track your fund’s transactions, cash contributions and dividend payments. You can also roll-over existing superannuation benefits into a single account, or lock in interest-rates for a fixed term.

Suncorp SMSF compatible accounts

Everyday transaction account

Business Premium Account


The everyday transaction account for just about every business

Variable interest rate

1

on all balances $20,000 and over

Why a Business Premium Account?

  • $0 account keeping fees and unlimited fee-free electronic, staff assisted and cheque transactions for the life of your account.
  • Set up your digital wallet with Apple Pay or Google Pay^ or shop securely online with your Visa Debit card.#
  • Offset the interest payable on eligible business loans, attach an overdraft facility, and receive merchant and payment settlements.
  • Connect your accounting software with free feeds to Xero and MYOB.
  • Set aside savings to earn more interest with flexiRates*.

Everyday Savings Account

Business Saver Account


Earn interest and access your money anytime

Standard interest rate

2

variable rate

Why a Business Saver Account?

  • No account keeping fees for the life of your account
  • Variable Interest Rate on all balances $0.01 and over
  • Unlimited fee-free electronic transactions
  • Access to your money 24/7 via Telephone Banking, Internet Banking and Mobile Banking
  • Option to add 15 savings facilities called flexiRates

Guaranteed return on savings

Term Deposits


Enjoy the certainty of term savings.

6 months

3

fixed rate for balances $100,000 - $999,999

Why a Term Deposit?

  • Get a guaranteed return on savings you leave untouched for a set period. Invest from $5,000.
  • Choose a fixed term (between 1 and 60 months). If you need to access your money early, an administration fee and 31-day wait period will apply.
  • Set up a Term Deposit in-branch or by phone.

Borrowing and Investment Loans

Looking for more information? 

Call Us

We’re open Monday to Friday 8 am-6 pm

Visit Us

Find your nearest Suncorp branch or ATM

This is general information only and doesn’t take into account your personal objectives, financial situation or needs. Before making any decision about whether to acquire or continue to hold any financial product, please read the relevant information and the Product Disclosure Statement (PDS).

Past performance is not an indication of future performance.

Various products and services are provided by different entities of the Suncorp Group. The different entities of the Suncorp Group are not responsible for, or liable in respect of, products or services provided by other entities of the Suncorp Group.

1.

# 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.

^ Apple, the Apple logo, Apple Pay, iPhone and the App Store are trademarks of Apple Inc. Android, Google Pay, and the Google Logo are trademarks of Google LLC.

* FlexiRates allows you to earn higher interest rates by locking away a portion of your savings within your account for periods up to 12 months.

2.
3. Advertised rates not available for alternative Interest Payment frequencies. Minimum investment $5,000. Negotiated Rates available for amounts over $2,000,000. * Eligible accounts include Business Saver Account and Business Premium account.

Internet connection is required when using the Suncorp App. Normal data charges from your internet service provider will apply. Internet Banking and the Suncorp App are provided by Suncorp Bank. Suncorp Bank does not guarantee the availability of the Internet Banking and Suncorp App services and can terminate or suspend access to those services at any time without reason or notice. You must agree to Suncorp Bank’s terms and conditions before you can access Internet Banking and the Suncorp App. View Internet Banking terms and conditions. View the Suncorp App terms and conditions.

Business Accounts are 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 (PDF, 286KB) before making any decision regarding this product. For a paper copy visit your local branch or contact us on 13 11 55.

FlexiRates

flexiRates allow you to earn higher interest rates by locking away a portion of your savings within your account for periods up to 12 months.