Business Platinum account

Up to $5,000 0.00Interest rate
Balances over $5,000 0.01Interest rate
Effective date from Thursday 1 October 2020
Fees
Monthly fee $4

Business Basic account

Balances less than $5,000 0.00Interest rate
Balances more than $5,000 0.01Interest rate
Effective date from Wednesday 1 April 2020
Fees
Monthly fee $2

Business Online Saver account

$1 < $5,000 2.90Interest rate
$5,000 < $10,000 2.90Interest rate
$10,000 < $20,000 2.90Interest rate
$20,000 < $50,000 2.90Interest rate
$50,000 < $100,000 2.90Interest rate
$100,000 < $250,000 2.90Interest rate
$250,000 < $500,000 2.90Interest rate
$500,000+ 2.90Interest rate
Effective date from Thursday 23 November 2023

Business Fixed Term Deposits (Interest paid at maturity)

Special 7 month rate, $5,000 + 4.30Interest rate
3-5 month term, balances less than $5,000 3.50Interest rate
6-11 month term, balances up to $5,000 4.00Interest rate
12 month term, balances less than $5,000 4.85Interest rate
3-5 month term, balances $5,000 < $1,000,000 3.50Interest rate
6-11 month term, balances $5,000 < $1,000,000 4.00Interest rate
12 month term, balances $5,000 < $1,000,000 4.85Interest rate
2 year term, balances less than $5,000 4.20Interest rate
2 year term, balances $5,000 < $1,000,000 4.20Interest rate
3 year term, balances less than $5,000 4.00Interest rate
3 year term, balances $5,000 < $1,000,000 4.00Interest rate
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. Effective Thursday 28 September 2023
Fees
Monthly fee $0
Early redemption fee Calculated as follows: Principal x (Early Redemption Rate of 0.5%) x (days invested/365)

Business Fixed Term Deposits (Interest paid monthly)

3-5 month term, balances less than $5,000 3.50Interest rate
6-11 month term, balances less than $5,000 4.00Interest rate
12 month term, balances less than $5,000 4.85Interest rate
3-5 month term, balances $5,000 < $1,000,000 3.50Interest rate
6-11 month term, balances $5,000 < $1,000,000 4.00Interest rate
12 month term, balances $5,000 < $1,000,000 4.85Interest rate
2 year term, balances less than $5,000 4.20Interest rate
2 year term, balances $5,000 < $1,000,000 4.20Interest rate
3 year term, balances less than $5,000 4.00Interest rate
3 year term, balances $5,000 < $1,000,000 4.00Interest rate
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. Effective Thursday 28 September 2023
Fees
Monthly fee $0
Early redemption fee Calculated as follows: Principal x (Early Redemption Rate of 0.5%) x (days invested/365)

Business Fixed Term Deposits (Interest paid annually)

Product 2 year term 3 year term
$1,000 < $5,000 4.20 Interest rate 4.00 Interest rate
$5,000 < $20,000 4.20 Interest rate 4.00 Interest rate
$20,000 < $50,000 4.20 Interest rate 4.00 Interest rate
$50,000 < $1,000,000 4.20 Interest rate 4.00 Interest rate
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. Effective Tuesday 14 March 2023
Fees
Monthly fee $0
Early redemption fee Calculated as follows: Principal x (Early Redemption Rate of 0.5%) x (days invested/365)

Business Green Car Loan

Product Principal and Interest
Business Green Car Loan 5.99 Interest rate
Effective date from Thursday 23 November 2023
Fees
Establishment fee $150
Document fee Document fees apply
Loan maintenance fee $0 /month

Business loans

Commercial loan 13.55Interest rate
Commercial loan - residential security 10.34^Interest rate
NEGOTIABLE ON APPLICATION - effective from Thursday 23 November 2023
Fees
Document fee Price on application

Commercial overdrafts

Commercial overdraft - secured 14.20Interest rate
Commercial overdraft - residential security* 10.99Interest rate
Commercial overdraft - unsecured 14.95Interest rate
NEGOTIABLE ON APPLICATION - effective from Thursday 23 November 2023
Fees
Document fee Price on application

Business Visa credit card

Business Visa credit card 14.45Interest rate
Effective date from Thursday 22 June 2023
Fees
Annual fee $85

The fine print

*This Interest Rate is applicable when residential mortgage security is taken. Terms and conditions apply and are available on request.

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. Normal lending criteria, terms and conditions apply and are available on request. 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: Fees and Charges brochure; Financial Services Guide; Business Interest Rate Schedule; and Account and Access Facility Conditions of Use.