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Commercial Money Market Account

Higher returns for big savers

The Commercial Money Market Account is perfect for anyone with amounts over $50,000 to invest. This account has higher returns than traditional at call accounts and gives you access to your money when you need it.

  • Earn a high interest rate for amounts over $50,000 while keeping your money at call
  • No monthly account service fee when you maintain a minimum monthly balance of $50,000
  • An ideal investment vehicle for businesses, schools, charitable organisations, financial advisors and individuals
Features
Key features
  • Minimum opening balance of $50,000
  • Interest paid on all balances over $50,000
  • 10 free transactions per month, including 5 deposits and 5 withdrawals
  • 20 free bank cheques per month
  • 15 free collection items per month
Statements
Interest
  • High rate of interest on amounts over $50,000
  • Tiered interest – the higher your balance, the higher the interest rate
  • Calculated daily, paid monthly
Additional benefits
Access
Account access
  • Instant access to your funds via BankSA branches and Internet and Phone Banking
  • Convenient, secure, unlimited 24/7 access to Internet and Phone Banking
  • Automate deposits with direct credits (for salary, investment income, home sale proceeds or other excess funds)
Fees
Account service fee
  • No monthly account service fee
Transaction fee
How to apply
Call us
  • Apply over the phone on 13 13 76 , 8am - 8pm, seven days a week
Visit a branch
Requirements

Important information

Before deciding to acquire or continue to hold a product, you should read the Terms and Conditions and ensure the product is appropriate. The governing Terms and Conditions documents for Savings & Investment Accounts includes the Transaction, Savings & Investment Accounts Banking Services Terms and Conditions & General Information, Fees & Charges and How to Minimise Them and interest rates. The Terms and Conditions are important and we encourage you to view, save and/or print this document. If you would like a paper copy of the booklet, please visit your local branch or request one by post.

Any advice on this website is prepared without consideration of your personal objectives, financial situation or needs. Before acting on this advice, you should consider if it is appropriate for you.

^ Charges apply to SMS Alerts and Email Alerts are free.
† Subject to systems availability and maintenance.

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