The Finance Algorithm
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Business Plus

Convenient transaction account for business.

Savings & transaction accountsBank updated 28 June 2026
Apply at Summerland Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Pricing
Rates on application
Monthly fee
$10

Fees

6 fees published, grouped by when they're charged.

While you hold it1

  • Business Account Service Fee
    $10 a month

When you make a transaction2

  • Cheques included in deposits

    20 FREE per month.

    $0.50
  • Staff assisted transaction

    Business and Community staff assisted transactions include in-branch deposit, branch withdrawal, business express deposit, cheque withdrawal, cheque encashment, one-off internal funds transfer, one-o…

    $2

When particular things happen3

  • Dishonour Fee
    $15
  • Honour Fee
    $20
  • QuickDebit Dishonour Fee
    $15

Features

Instant paymentsPayIDDigital bankingUnlimited transactionsOverdraftApple Pay.Google Pay
  • Save on paper, receive and view your statements online with eStatements.
  • Simplify your bookkeeping with direct transaction feeds.

Eligibility and limits

  • Residency: A Permanent Australian Resident including those working overseas. Entities must be a Permanent Resident of Australia,
  • Available to businesses

Published by Summerland Bank under the Consumer Data Right, last changed by them on 28 June 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.