No monthly fee
Access any time
Unlimited free internet and mobile banking transactions

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.


  • 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

Rates & Fees

Business Online Saver standard rate 2.90Interest rate
Business Online Saver 5 month intro rate (new to bank money only, balances $5,000-$250,000) 5.05^Interest rate
Business Online Saver standard rate effective Thursday 23 November 2023
^ Total variable rate for 5 months. 5 month intro rate effective from Monday 8 April 2024
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The fine print

Online Saver intro rate: Offer available on new to bank money only on balances between $5,000 and $250,000. Following the 5 month introductory period, the rate will revert to the standard Online Saver rate. Offer available for a limited time only and may be withdrawn at any time. This 5.05% interest rate comprises of 2.90% variable base rate and 2.15% introductory rate which is valid for the first five months after opening a new Online Saver account and depositing a minimum balance of $5,000.

Note: Interest calculated on daily balance, paid monthly.

Not all transactions are included in the free transactions.

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. Members seeking the waiver of the Monthly Account Service Fee due to not-for-profit or charitable status will be required to provide relevant documentation.

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 Service Guide; Business Banking Brochure; Fees and Charges brochure; Account and Access Facility Conditions of Use; Visa Credit Card Conditions of Use and Business Interest Rates Schedule.