Key benefits.
Great features.
Interest rates.
| Business Transaction Account | Interest Rate (%p.a.) |
| $0 - $19,999 | 0.01% p.a. |
| $20,000-plus | 0.05% p.a. |
Interest is calculated daily on the whole balance and paid monthly.
Fees and charges.
Fees that don't apply
| Monthly account keeping fee | Free |
| Direct credits | Free |
| Branch over the counter cash deposits | Free |
| ATM withdrawals^ | Free |
| Visa purchases | Free |
| Osko/PAY ID fee | Free |
| BPAY performed using Internet, Mobile or Telephone Banking | Free |
| Transfers using Mobile Banking | Free |
| Transfers between accounts with us using Internet Banking or the Account Information Line and addressed by BSB and account number | Free |
^Withdrawals and enquiries at Australian and overseas ATMs may incur an ATM operator fee charged by the ATM operator.
Fees that apply which are included in Monthly Fee Allowance
| Transaction | Fee each |
| Eftpos purchases (inc. with or without cash out) | $0.90 |
| Visa purchases with cashout | $0.90 |
| Branch over the counter cash withdrawals | $3.00 |
| Staff-assisted transfers & BPAY payments~ | $3.00 |
| PayTo payments using Internet Banking | $1.00 |
~Customers over the age of 70 years and transfers to Beyond Bank term deposits are exempt.
The following transctions are not included in the Business Banking Fee Allowance and are charged at the end of the month.
| Transaction | Fee each |
| Internet Banking external batch payment per transaction in the batch | $0.20 |
| Direct debits | $0.50 |
| Transfers between accounts with us using Internet Banking or the Account Information Line and addressed by PayID | $1.00 |
| Transfers to accounts at another financial institution using Internet Banking | $1.00 |
| Electronic external periodic payments | $1.50 |
| Bank@Post withdrawals | $4.50 |
| Bank@Post deposits | $2.00 |
| Cheque deposits (per item) | $0.60 |
| Declined EFTPOS or Visa Debit transactions* – one free per relationship per month then: | $0.40 |
| Visa Debit card or rediCARD overseas ATM withdrawals | $4.50 |
| International Transaction Fee² | 3.0% of the value of the transaction |
View our Fees and Charges Guide for the full details of other transaction and service fees that may apply.
Business Banking Fee Allowance.
Each Business Membership you have with us is allocated a monthly Business Banking Fee Allowance for most transaction types conducted on the accounts.
The amount of your monthly Business Banking Fee Allowance depends on your Business Banking Portfolio Value at the end of the last day of the previous month as follows:
The Business Banking Fee Allowance only applies to Business Accounts.
| Business Banking Portfolio Value | Business Banking Fee Allowance |
| $100,000 or more | $40 |
| $40,000 to $99,999 | $35 |
| Less than $40,000 | $20 |
Who can apply?
The Business Transaction Account is available to business customers. When you acquire this product you will automatically become a member of Beyond Bank Australia and become a part-owner of the bank.
More banking solutions.
Payment solutions for your business.
Whether you have a bricks and mortar presence, or you’re e-commerce based, we have a payment solution for you.
Payment solutions
Business loan.
With competitive interest rates, low fees and flexible repayment options, our business loans make it easy to get your business plans underway.
Business loansPlease read this important information.
| Interest rates are current as at 21 May 2024 and are subject to change. | |
| Interest is calculated daily on the whole balance and paid monthly on the last day of each month. | |
| * | A declined transaction occurs in the following circumstances: |
| 2 | This fee is payable when you use your Visa Credit Card, Visa Debit Card or Visa Prepaid Card to make a transaction: |
| This information is of a general nature only and does not take into consideration your objectives, financial situation or needs. The information must not be relied upon as financial product advice. Before acquiring any product you should read the relevant guides, Product Disclosure Document, and consider whether a product is suitable for your circumstances to decide if a product is right for you. | |
| Terms, conditions, lending criteria, fees and charges apply. For full details please review our Financial Services Guide, Product Guide, Fees and Charges Guide and Target Market Determinations. These are available on our website at beyondbank.com.au/about-us/corporate-governance/disclosures, by calling us on 13 25 85 to request a copy or by visiting a branch. They will also be provided at the time of acquiring any product. | |
| All loans are provided by Beyond Bank Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2024. |