Business Bonus Saver
High-interest savings accounts for Your Business
Earn excellent interest on your additional cash, but keep it available for if you need it. At-call balances earn 4.65% p.a. interest up to $2 million so long as you deposit a minimum of $1,000 per month.
This is a high-interest online savings account so whilst you'll have online access to deposit, withdraw, transfer money to/from it... there is no Visa card access to the account.
You transfer money in... it earns high interest... you transfer it out if you need it.
If some months you don't meet the bonus interest earning requirements* you'll still get 0.5% p.a. interest on balances up to $2 million.
The Australian Government guarantees aggregated deposits of up to A$250,000 with Australian authorised deposit-taking institutions, and First Option Bank certainly is one.
*Bonus interest eligibility requirements: balance between $1 and $2,000,000, a minimum monthly deposit of $1,000 and no withdrawals
Talk to our team: 1300 855 675 (9am - 4:30pm, Mon-Fri)
Features
Industry-leading interest rates on at-call balances to $2m
Internet and mobile app banking access
Deposit $1k with no withdrawals to trigger bonus interest each month
PayID for easy account identification