Business iSaver Account
An online business savings product that pays a high rate of interest. You’ll have access your business savings anywhere and anytime with bcu iBank and our bcu Connect mobile app.
Savings interest rates
| bcu business isaver | |
|---|---|
| $0 - $4,999.99 | 0.15% p.a. |
| $5,000 - plus | 0.40% p.a. |
All the details
| Description | Requirement |
|---|---|
| Account eligibility | No restrictions |
| Other products required | None |
| Minimum balance | $0.00 |
| Feature | Description | Available |
|---|---|---|
| BPAY | Pay your bills easily and securely. | No |
| Direct debit | Set and forget automatic payment of your regular bills. | No |
| Osko | 24/7 fast peer to peer payments. | No |
| Internet banking | A convenient and secure online banking solution available 24/7. | Yes |
| Mobile app | Manage your money on the go with the bcu Connect App straight from your phone. | Yes |
| Description | Fee | Number of free transactions |
|---|---|---|
| Direct debit | N/A | N/A |
| Internet banking - internal / external transfer | $0.00 | N/A |
| Internet banking - BPAY | N/A | N/A |
| Monthly fee | $0.00 | N/A |
| Interest calculated | Daily |
| Tiered interest rates | Yes |
| Bonus interest | No |
| Interest payment frequency | Monthly |
| Savings and Transaction Account Interest Rate Schedule |
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Apply at a bcu branch Open your new account by visiting your nearest bcu branch. If you’re joining bcu as a new business member, you will need a registered Australian Business Number (ABN). If you are opening a company membership you will need an Australian Company Number (ACN), and a registered business name may also be applicable. An ASIC extract that validates the identification of the business and its directors will be obtained prior to opening the business membership. Personal identification is required for all signing directors and beneficial owners, so you will need the following:
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