The Business Online Saver is a savings account that gives you easy access to your business funds, while still earning a high rate of interest. It’s designed for those businesses that prefer to transact online.
You can't directly withdraw cash from the account, but you can access your funds at any time by simply transferring them to your linked transaction account (like an All Access account) using internet banking.
Business Online Saver Bonus Rate Offer
For a limited time only, an introductory Bonus Rate of 2.55% will be applied on top of the Online Saver Standard Rate for the first five months after opening a new Online Saver account when your balance is between $10,000 and $500,000.
Deposits must be new to bank funds to be eligible for the Bonus Rate. Terms, conditions, fees and charges apply.
Features
- No monthly service fee
- Access to your money at any time
- High interest rate
- Free internal transfers to a linked transaction account
- BPAY®, direct debit and external transfers available directly from your Online Saver (fees apply)
- Internet banking ABA file (imported bulk payment file, e.g. payroll payments) individual payments to another financial institution
FAQs
Rates & Fees
| Business Online Saver standard rate | 2.80Interest rate |
| Promotional Bonus Rate | 2.55^Interest rate |
| Total Interest (all conditions met) | 5.35^Interest rate |
Interest rates up to
5.35
Information you need to know
^Interest rate comprises of Business Online Saver Standard Rate and 2.55% introductory Bonus Rate which is valid for the first five months after opening a new Business Online Saver account (Bonus Rate Period) and depositing a minimum balance of $10,000.
After the 5 month introductory period the interest rate will revert to the Business Online Saver Standard Rate.
This introductory offer is available to new Queensland Country Bank deposits only with a maximum balance of $500,000. The Bonus Rate is not paid when that balance is under $10,000, or on balances over $500,000. Terms and Conditions apply.
Tax File Number
Interest earned on all savings accounts must be declared for income tax purposes. If you do not provide us with your Tax File Number or Tax File Number Exemption or Australian Business Number (ABN), we must deduct tax at the highest personal income tax rate plus the Medicare Levy from your interest earned. You are not obliged to provide your Tax File Number or Tax File Number Exemption or ABN.
Business Definition
A business is defined as a body corporate or person involved in a commercial activity including a company, partnership or sole trader with an ABN, incorporated association or co-operative.
Important Information
If you wish to have both business and personal accounts with Queensland Country, these will need to be opened and operated separately.
Please be aware that interest rates may change at any time without agreement. All interest rates quoted are per annum. Fees and charges are payable.
Before acquiring this product, the information above should be read in conjunction with the following documents to determine if this product is right for you: Financial Services Guide; Target Market Determination; Business Banking Brochure; Fees and Charges brochure; Account and Access Facility Conditions of Use; and Business Deposits Interest Rate Schedule.
Rates and fees effective: 21st May 2026