Variable interest rates

Business accounts

Interest rates current as at 30th May 2025 and may be changed at any time1.

Business Cheque Account Plus and Commercial Overdraft

Calculated on the full balance and paid monthly.

Balances Rate
Under $5,000
 0% p.a.
From $5,000 to under $250,000 0% p.a.
From $250,000 to under $500,000 0% p.a.
From $500,000 to under $1,000,000 0% p.a.
$1,000,000 and over 0% p.a.

Business Access Saver

Calculated daily and paid monthly. Current rate for all balance tiers.

Balance tier Variable base rate p.a.
$0 to less than $250,000 0.80% p.a.
$250,000 to less than $5,000,000 0.80% p.a.
$5,000,000 and over 0.80% p.a.

Society Cheque Account

Calculated on the full balance and paid monthly.

Balances Rate
Under $500

0% p.a.
$500 and over 0% p.a.

No interest is paid to you for the:

  • Freedom Business Account
  • Statutory Trust accounts
Corporate accounts

Interest rates current as at 13th November 2020 and may be changed at any time1.

Commercial Overdraft

Calculated on the full balance and paid monthly.

Balances Rate
Under $5,000
 0% p.a.
From $5,000 to under $250,000 0% p.a.
From $250,000 to under $500,000 0% p.a.
From $500,000 to under $1,000,000 0% p.a.
$1,000,000 and over 0% p.a.
Business accounts no longer for sale

Interest rates current as at 30th May 2025 and may be changed at any time1.

Business Maximiser (with/without overdraft) and Commercial Line of Credit

Calculated on the full balance and paid monthly.

 

Balances Rate
Under $5,000
 0.00% p.a.
From $5,000 to under $250,000 0% p.a.
From $250,000 to under $500,000 0% p.a.
From $500,000 to under $1,000,000 0% p.a.
$1,000,000 and over 0% p.a.

GST Provision Account

Calculated on the full balance and paid at the end of March, June, September, December.

Balances Rate
Under $5,000 0% p.a.
$5,000 and over 0.01% p.a.

Commercial Money Market Account

Calculated on the full balance and paid monthly.

Balances Rate
Under $50,000
 0% p.a.
From $50,000 to under $250,000 0% p.a.
From $250,000 to under $500,000 0% p.a.
From $500,000 to under $1,000,000 0% p.a.
$1,000,000 and over 0% p.a.

Standard Business Cheque Account 

Calculated on the full balance and paid monthly.

Balances Rate
All balances 0% p.a.

Stand-by Account

Calculated on the full balance and paid monthly.

Balances Rate
All balances 0.01% p.a.

Express Saver Account for Business

Calculated on the full balance and paid monthly.

Balances Rate
Under $250,000 0.10% p.a.
$250,000 and over 0.10% p.a.

Business Umbrella Investment Loan Account

Calculated on the full balance and paid at the end of March, June, September, December.

Balances Rate
All balances
 0.01% p.a.

No interest is paid to you for the:

  • Other Trust Account
Corporate accounts no longer for sale

Interest rates current as at 13th November 2020 and may be changed at any time1.

Business Cheque Account

Calculated on the full balance and paid monthly.

Balances Rate
Under $5,000
 0% p.a.
From $5,000 to under $250,000 0% p.a.
From $250,000 to under $500,000 0% p.a.
From $500,000 to under $1,000,000 0% p.a.
$1,000,000 and over 0% p.a.

Call Deposit Account

Calculated on the full balance and paid monthly.

Balances Rate
Under $100,000 0.80% p.a.
$100,000 to under $250,000 0.80% p.a.
$250,000 to under $500,000
 0.80% p.a.
$500,000 and over 0.80% p.a.

 

Interest rates current as at 30th May 2025 and may be changed at any time1.

Personal Cheque Account and Statement Savings Account

Calculated on the full balance and paid monthly.

Balances Rate
All balances
 0.01% p.a.

 

Visa Cheque Account

Calculated on the full balance and paid monthly.

Balances Rate
Under $5,000 0% p.a.
$5,000 and over 0% p.a.

 

Cash Management Account

Calculated on the full balance and paid monthly.

Balances Rate
Under $5,000

0% p.a.
From $5,000 to under $100,000 0% p.a.
From $100,000 to under $250,000 0% p.a.
From $250,000 to under $500,000 0% p.a.
$500,000 and over 0% p.a.

No interest is paid to you for the:

  • Business Cheque Account (non-interest)
  • Executive Housing Interest Saver Account
  • Regulated Trust Account

 

Important information

1. Zero interest rates may apply, and then you will receive no interest on your account balance. References to interest being paid should be read accordingly.

Conditions and fees apply and may change. This is only general information – it doesn’t take your circumstances into account. Read the terms and conditions and consider if it’s right for you before making any decision. Issued by St.George – a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.