 |
|
|
Business Interest account
 |
|
|
|
|
|
|
|
|
|
 |
|
With a Business Interest account, your money can earn interest when you keep your everyday bank account in credit. |
|
|
|
|
More info
Contact us
|
|
|
|
|
 |
Contact us now |
| |
> |
business manager |
| |
> |
phone 0800 177 188(Monday to Friday,
8am to 6pm) |
|
 |
| With Business Interest, you |
|
 |
can earn interest whenever your account is in credit |
|
|
won’t pay any monthly account maintenance fee, if you maintain an average credit balance of $5,000 or more each month |
|
|
can apply for an overdraft to help with your cashflow or for any unexpected expense. |
|
|
|
| Choose where, when and how you access your Business Transact account. |
|
|
Banking at your fingertips with access to Business Online banking and phone banking, day or night, within New Zealand or overseas |
|
|
Your debit card* will give you 24-hour instant access to your money through EFTPOS or ATM’s |
|
|
You can apply for a Debitplus Visa card*, giving you access to your money anywhere Visa is accepted |
|
|
A personalised cheque book for those times when electronic banking isn’t appropriate. |
|
|
| *May be restricted to Sole Trader type entities |
|
 |
|
|
|
|
|
| Balance less than $20,000 |
|
0.30% |
 |
| Balance between $20,000 and $49,999 |
|
0.30% |
|
| Balance between $50,000 and $99,999 |
|
0.30% |
|
| Balance between $100,000 and $249,999 |
|
0.30% |
|
| Balance between $250,000 and $499,999 |
|
0.30% |
|
| Balance greater than $500,000 |
|
0.30% |
|
|
| Interest rates are current as at 8 September 2010 and are subject to change at Westpac's discretion. |
|
Interest is calculated daily, and paid on the last business day of each month (less resident withholding tax).
Interest rates are variable and are reviewed regularly.
|
|
|
|
|
|
|
|
| Pay your bills by cheque or choose other more efficient and cheaper ways by |
|
|
setting up automatic payments, Business Online banking, telephone banking and direct credits or debits |
|
|
arranging multiple payments via DeskBank. They’re fast, easy and very efficient |
|
|
arranging your collections via direct debits or using EFTPOS/credit card merchant facilities. |
|
|
|
| Stay in control by |
|
|
choosing the day of the month you want to pay your account maintenance charge and transaction fees |
|
|
deciding how often you want to receive your account statements – from every day to every six months. This means at-a-glance information on all your transactions, charges, reward rebates and overdraft interest (if this applies). |
|
|
|
| Sole traders registered for Westpac Online Banking, who already have at least one business account with Westpac, can open a Business Interest account in Online Banking. Just select ‘New account’ from the ‘I want a…’ menu. |
|
| As soon as the account has been opened, you will be able to use it in Online Banking and via ATMs and EFTPOS terminals (if you choose to access your new account using your existing bank and credit cards). |
|
| > login to Online Banking to open a new Business Interest account now |
|
| You can get a copy of the current disclosure statement for Westpac New Zealand Limited from any Westpac branch in New Zealand, free of charge. Westpac’s current applicable lending criteria apply. Line of credit charges and interest rates apply to all overdrafts. |
| All applications for finance are subject to Westpac's current lending criteria. |
| The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification. |
|
|
Copyright©2009 Westpac New Zealand Limited |
|
|
