The Fine Print

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 prior to an agreement being entered into. All interest rates quoted are per annum and are calculated on a tiered basis with interest paid on the entire balance at the applicable tiered interest rate. 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 GuideBusiness Banking BrochureFees and Charges brochureAccount and Access Facility Conditions of Use and Business Interest Rates Schedule.