Business online savings bank account

RateCity StaffAug 3, 2009( 1 min read )

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Business online savings accounts could give your company a savings boost by helping you to invest your profit into a savings account that earns high interest.

What is a business online savings account?

A business online savings account can be beneficial to business owners that want to make the most of their profits in a high interest savings account.

There are a few general features that business online savings accounts offer, beyond your standard savings accounts. The main features include:

A higher interest rate is offered if you can meet the required opening deposit.
No monthly account service fees
Easy access to your funds 24 hours per day, seven days a week.

To find out more about business online saving accounts visit the RateCity savings comparison page and let us help you to work out the best course of action for your money.

RateCity Staff

Today's top savings accounts products

Online Savings High Interest Savings Account

Maximum rate

Base rate

2.25%*

Intro 4 months then 0.80%

0.80%

*Bonus introductory variable rate for the first 4 months (on balances up to $250,000). Interest paid monthly.

Has no ongoing fees
Has no minimum balances

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Fast Track Savings Account

Maximum rate

Base rate

2.00%*

0.20%

*Receive bonus interest when you deposit $1000 into a linked Day2Day account from an external account and make 5 eligible transactions per month. Available on balances up to $250,000.

Has no ongoing fees
Has no minimum balances

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Flexi Saver

Maximum rate

Base rate

1.25%*

0.01%

*Ensure that on the last business day of the month, your closing balance is at least $300 higher (excluding interest) than the opening balance on the first business day of that month

Has branch access
Has no ongoing fees
Has no minimum balances

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Saver Account

Maximum rate

Base rate

2.26%

Intro 6 months then 1.05%

1.05%

Has no ongoing fees
Has no minimum balances

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FAQs

A savings account is a type of bank account in which you earn interest on the money you deposit. This makes it one of the easiest and safest investment tools.

Business online savings bank account

Related articles

What to look for when choosing a savings account

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Today's top savings accounts products

Online Savings High Interest Savings Account

Fast Track Savings Account

Flexi Saver

Saver Account

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