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Business bank accounts FAQs
Here are the answers to frequently asked questions about our business bank accounts.
Manage the day-to-day (everyday accounts)
- What's the difference between the Freedom Business Account and Business Cheque Account Plus?
- How can I access my money?
- How else can I prepare for regular payments such as GST and other taxes?
- What is the $50 business search fee for when I open an account?
- How can I save fees on my business everyday account?
- What paperwork do I need to open a business everyday account?
Everyday accounts - Business Visa Debit Card
- What are the eligible business accounts I can link Business Visa Debit card to?
- How many accounts can a Business Visa Debit Card link to and how to access them?
- Where can I use my Business Visa Debit card?
- How do I use my Business Visa Debit Card to purchase online?
- How do I use my Business Visa Debit Card in-store?
- How do I apply for a Business Visa Debit Card?
Earn interest on your funds (savings accounts)
- Can a Business Access Saver Account be used for GST collections?
- How do I know which account is right for my business?
- Can I use my Freedom Business Account as an everyday account with a Business Access Saver?
- Can a Fixed Term account be opened in a Business Name?
- What happens to my Fixed Term Deposit at maturity?
- How much do I need to open a Fixed Term Deposit?
- How do I open a Term Deposit?
- Can I open a Term Deposit online?
- Can I use BPAY® to fund the Opening Deposit?
- How is interest calculated on my Fixed Term Deposit?
- How much can I withdraw from my Flexi Term Deposit? (Existing customers only)
- Will I lose interest if I withdraw from my Flexi Term Deposit? (Existing customers only)
- How many withdrawals can I make from my Flexi Term Deposit without an interest reduction? (Existing customers only)
- How do I make a withdrawal from my Flexi Term Deposit? (Existing customers only)
- What happens to my Flexi Term Deposit at maturity? (Existing customers only)
Important Information
Conditions, fees and credit criteria apply.
This information doesn’t take your circumstances into account. Read the terms before making a decision.
BankSA - A Division of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.
BPAY® registered to BPAY Pty Ltd ABN 69 079 137 518
1 This fee does not apply if you have a Commercial Overdraft or Business Maximiser Overdraft facility. Please see the Business Lending and Finance Facilities Fees and Charges for specific services and loan accounts booklet for the monthly account keeping fee/loan administration fee that will apply to your facility. All credit applications are subject to the BankSA’s normal lending criteria.