The Finance Algorithm
Suncorp Bank

Business Premium Account

Easy business banking with no monthly account keeping fee and unlimited fee free transactions.

Savings & transaction accountsBank updated 22 Aug 2026
At a glance
Base rate
0.01%
Monthly fee
$0
§ 01 — Rates · 6
TypeApplies toTermBandRateComparisonConditions
VariableBusiness Premium Variable Interest calculated daily and paid monthly on a tiered basis.$1–$19,9990.01%paid every 1 mo
VariableBusiness Premium Variable Interest calculated daily and paid monthly on a tiered basis. No interest is paid when account is operating in offset mode.$100,000–$249,9990.01%paid every 1 mo
VariableBusiness Premium Variable Interest calculated daily and paid monthly on a tiered basis. No interest is paid when account is operating in offset mode.$20,000–$49,9990.01%paid every 1 mo
VariableBusiness Premium Variable Interest calculated daily and paid monthly on a tiered basis. No interest is paid when account is operating in offset mode.$250,000–$499,9990.01%paid every 1 mo
VariableBusiness Premium Variable Interest calculated daily and paid monthly on a tiered basis. No interest is paid when account is operating in offset mode.$50,000–$99,9990.01%paid every 1 mo
VariableBusiness Premium Variable Interest calculated daily and paid monthly on a tiered basis. No interest is paid when account is operating in offset mode.$500,000+0.01%paid every 1 mo
§ 02 — Fees · 27
FeeTypeAmountWhenNotes
Coin Handling (Non-Suncorp Bank Customer)Cash advance5.00% of transaction5% of total coin value
Business and Company Name SearchEventNo fee
Business Offset LinkingEventNo fee
Card ReplacementEventNo fee
Copy of personal or bank chequeEvent$12
eStatementsEventNo fee
Foreign Currency Bank Draft - trace request or stop paymentEvent$20
Interest CertificateEvent$10previous financial year - per certificate issued
Online Telegraphic Transfer sent via Global PaymentsEventNo fee
Physical Security TokenEvent$20Suncorp Bank Secured App (soft token) available at no cost
Record Search/Copy Fee (cheques, records, voucher retrieval)Event$70per hour
Request for Audit CertificateEvent$30per certificate
Stop Payment Request - bank chequesEvent$15
Stop payment request - Direct DebitEventNo fee
Sweep FeesEventNo feeFunds Management Sweep, Insufficient Funds Sweep and Sweep Failure
Telegraphic Transfers (staff assisted and via Global Payments) recall, amended, trace requestEvent$30plus other bank's costs
Trace/recall of funds request - cheque, electronic paymentEvent$30
Visa debit card cash advance at non-Suncorp Bank InstitutionEvent$5per $1,000 advanced or part thereof
Visa debit cards emergency overseas card replacementEvent$50
Coin Handling (Non-Suncorp Bank Customer)Other5.00% of transaction5% of total coin value
Non Suncorp Bank and non-atmx network ATM withdrawals & enquiriesOther$0ATM Operator Fee
Account keeping feePeriodicNo feeEvery 1 moNo monthly account keeping fees
Bank@PostTransactionNo feeFee Free - Limits apply
Foreign Currency Conversion Fee (Visa Debit Transactions)Transaction3.00% of transaction3.0% of the converted Australian dollar transaction amount of any foreign currency transaction made or charged to your account
atmx by Armaguard network ATM withdrawals & enquiriesWithdrawalNo fee
Real Time Gross Settlements (RTGS) - outwardWithdrawal$35
Telegraphic Transfers sent - staff assistedWithdrawal$30
§ 03 — Features
Offset accountInstant paymentsPayIDDigital bankingUnlimited transactionsOverdraftApple PayGoogle Pay
  • · Misplaced your card? Card lock in mobile banking lets you lock your card while you look for it
  • · No maximum balance to earn interest
  • · No minimum balance to earn interest
  • · Pay $0 account keeping fees
  • · Don't shop online? Card lock in mobile banking lets you lock your card for online purchases (domestic and international) and online subscriptions
  • · Don't travel? Card lock in mobile banking lets you lock your card for overseas instore purchases
  • · Pay To is available to manage payments from an eligible bank account in Suncorp Bank App
§ 04 — Eligibility & limits
  • · Available to businesses

Published by Suncorp Bank under the Consumer Data Right, last changed by them on 22 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.