Business Online Saver

Business Online Saver is an online, at-call account that lets you make the most of your working capital. It’s ideal for parking surplus cash as it gives you the flexibility to manage your money while earning high interest.

It pays high interest on the full balance when $10,000 or more is held in the account, and there are no fees. Enjoy unlimited transfers and instant access to your funds through Australia’s largest banking network.

Business Online Saver must be linked to a Commonwealth Bank business cheque account in the same name.

Features

• Interest is calculated daily and paid monthly
• No fees*
• No minimum deposit or withdrawal amounts, enabling flexibility in managing your account
• No fixed terms
• Instant access to your funds via NetBank or telephone banking
• 24-hour, seven-day account access
• Option of opening an account in-branch or online (existing business cheque account customers only)

Apply online

Customers with a NetBank or CommBiz account, who already have a Premium Business Cheque Account or a Business Transaction Account in the same name with identical signatories, can apply online.  As your profile is already stored some of your information will already be filled out on the application form. All you need to do is fill in the remaining details.

• # The ‘Offers & Apply’ tab in CommBiz is only available to local business customers

If you’re not registered for NetBank or CommBiz, but already have either a Premium Business Cheque Account or a Business Transaction Account in the same name with identical signatories, apply online here.

Like to know more?

To find out more about a Business Online Saver Account call us on 13 1998 or click the button below to complete the contact me form and one of our Business Bankers will call you at your preferred date and time.

• Important information

  * Account keeping and transaction fees (including NetBank service charges) may apply to the linked business cheque account.

  ^ Any balance greater than $25 million will receive the standard variable rate. Available for new Business Online Saver accounts only with a linked business transaction or cheque account in the same name. If you already hold a Business Online Saver account you are not eligible for the offer. Interest rate is current as at 30 January 2012 but is subject to change and includes a fixed bonus margin of 1.15% p.a. above the Business Online Saver standard variable rate currently 4.25% p.a. At the end of the introductory variable rate period, the interest rate converts to the then current standard variable rate.

  Terms and Conditions available on request and should be considered before making any decision about these products. As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. If you have a complaint, the Bank’s dispute resolution process can be accessed on 13 2221.
  
  All products mentioned on this web page are issued by the Commonwealth Bank of Australia; view our Financial Services Guide (PDF 59kb).