transaction & savings accounts

Our transaction and savings accounts have been designed exclusively for our business Members to ensure you have easy access to funds and the ability to manage cash flow requirements with reliable and secure payment methods.

The table below will help you identify the best transaction and savings account for your business banking needs, however if you would like to discuss these options directly with one of our Branch Managers, simply visit your local branch.

We also offer competitive fixed term deposits with a variety of rates depending on how much your business would like to invest and for how long.

	Business Cheque (S0)	Business Basic (S1)	Business Plus (S8)	Business Online Saver (S9)
Ideal if you	Have high volume transaction needs for your business Are considering an overdraft facility	Are a business wanting to manage your funds by separating accounts with minimal fees Are a business that has low transaction requirements	Want a higher interest on balances that are not utilized in daily cash flow	Want a high interest rate on funds that are at call Prefer to transact via online methods
Monthly Service Fee	Yes Waived for non-profit or charitable organisations. Conditions apply.	No	Yes Waived if minimum monthly balance is over $20,000	No
Free Transactions	40	2	20	0
Cheques	ü	ü	ü	û
CueCard*	ü	û	û	û
Overdraft Facility	ü	û	û	û
Direct Debit	ü	ü	ü	û
Internet Banking	ü	ü	ü	ü
Staff Assisted Withdrawal	ü	ü	ü	û
EFTPOS*	ü	û	û	û
ATM*	ü	û	û	û
BPay	ü	ü	ü	ü
Periodical Payments	ü	ü	ü	û
Payment File (e.g. payroll)	ü	û	ü	û
Tiered interest	û	û	ü	ü
Interest calculated on	Min monthly balance	Min monthly balance	Daily balance	Daily balance
Interest paid	Annually	Annually	Monthly	Monthly

* 'Trading as' businesses are eligible for a CueCard under certain conditions - such as when the account is any one to sign and the name on the card is a personal name and owner of the account. Only QCCU Atm transactions are included in the free transaction limit.