The Finance Algorithm
Newcastle Permanent

Business Cash Management Account

At call account for business Sole traders, partnerships and companies

Savings & transaction accountsBank updated 25 Aug 2026
At a glance
Base rate
0.01%
§ 01 — Rates · 8
TypeApplies toTermBandRateComparisonConditions
Variableup to $9,9990.01%paid every 1 mo
Variable$10,000–$19,9990.90%paid every 1 mo
Variable$100,000–$249,9990.90%paid every 1 mo
Variable$1,000,000+0.90%paid every 1 mo
Variable$20,000–$49,9990.90%paid every 1 mo
Variable$250,000–$499,9990.90%paid every 1 mo
Variable$50,000–$99,9990.90%paid every 1 mo
Variable$500,000–$999,9990.90%paid every 1 mo
§ 02 — Fees · 16
FeeTypeAmountWhenNotes
Visa Cash Advance FeeCash advance$5Applies to cash advances performed using the card via ATM, at a branch or other financial institution, or by internet banking.
Direct Debit Request FeeDeposit$0.70Payable when we debit an account at another financial institution at your request.
Excess Cash Deposit FeeDepositVariesPayable when you deposit more than $50 worth of coins with us. $5.00 per 10 minutes spent by us counting coins. Minimum charge of $5.00 applies.
Direct Debit Dishonour FeeDishonour$12.50Payable when we attempt to debit another account, but payment is dishonoured because there is not enough money to pay (the other account could be with us or another financial institution).
Dishonoured Cheque FeeDishonour$17.50
Certificate FeeEnquiryVariesPayable when you request a Certificate of Balance or Audit Certificate. $60/hour (min $10/copy).
Document FeeEnquiryVaries$60/hour (min $10/copy)
Miscellaneous Service FeeEnquiryVariesPayable when you request information from us, and your request is not covered by the document fee or certificate fee. $60.00 per hour spent by us to satisfy your request.
Account OverdrawnEvent$17.50
Deposit Book FeeEvent$8.50Payable when we issue you a deposit book.
Stop Payment FeeEvent$5Payable when you request that we stop a cheque
Overseas Transaction Conversion FeePurchase3.00% of transactionPayable when you use your Visa Debit card to perform a transaction overseas or where a merchant processes the payment overseas (whether or not the payment is in Australian dollars). It is calculated…
Financial Institution Cheque ReplacementReplacement$15
Transaction FeeTransaction$1Payable each time any of the following transactions occur: a) a cheque you wrote is presented for payment; or b) a deposit is made by you or another person into your account over the counter at one o…
Financial Institution ChequeWithdrawal$4Payable each time you request a Newcastle Permanent cheque.
Withdrawal FeeWithdrawal$1.75Payable each time a withdrawal is made from your account, where you arrange this over the counter from one of our branches. 2 free Branch transactions per month.
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactionsRelationship managerGoogle PayApple Pay
  • · Batch payments available
  • · Cheque book available
§ 04 — Eligibility & limits
  • · Residency: Available to permanent Australian Residents
  • · Available to businesses
  • · Opening balance $1

Published by Newcastle Permanent Building Society under the Consumer Data Right, last changed by them on 25 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.