/ / Business Account Interest Rates

Business Account Interest Rates

Greater Bank’s Business Accounts are designed to help make running your business easier. They offer great value, and are easy to use.

Rates are effective as at Sunday 24/09/2017

Business Access Account* Interest Rate
$1 - $99,999 -
$100,000+ .10 % p.a

 

Business Optimiser Account* Interest Rate
$1 - $19,999 -
$20,000 - $199,999 .10 % p.a
$200,000 - $499,999 .75 % p.a
$500,000+ 1.00 % p.a
Business Optimiser
We calculate interest by applying the daily percentage rate applicable to your daily balance as set out in the above tiers to the entire daily balance. We pay interest quarterly on 31 March, 30 June, 30 September and 31 December. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read our Terms and Conditions for more information.
Business Access
We calculate interest by applying the daily percentage rate to the different portions of your daily balance as set out in the above tiers. We pay interest six monthly on 30 June and 31 December. If you have a Business Line of Credit Account with a credit balance, we calculate interest by applying the daily percentage rate to the different portions for your daily credit balance as set out in the above tiers. We pay interest monthly. These rates are current as at the Effective Date and are subject to change by Greater Bank without further notice. Conditions apply. Please read our Terms and Conditions for more information.