Join

Finder makes money from featured partners, but editorial opinions are our own.

Our verdict

With a Business Access Saver from St.George Bank your business capital is always at work.

Earn a competitive interest rate along with 24/7 access through internet and phone banking.

Pros

Earn a competitive interest rate
24/7 access through phone and internet banking
$0 account keeping fees

Cons

Must link to a St.George business transaction account

For those times when your working capital is greater than you need, you can tuck it away in a secure account. The Business Access Saver is a flexible account that lets your business funds earn interest at a competitive rate. With no monthly minimums to meet and free online banking, putting your business’ savings where they are needed most can be made easy.

Details

Key details

Product Name	St.George Business Access Saver
Maximum Variable Rate	1.35% p.a.
Standard Variable Rate	1.35% p.a.
Monthly Account Fee	$0
Minimum Opening Deposit	$0
Minimum Age	18

Key features

Competitive variable rate of 1.35%

Up to 1.35% p.a. is available on your balance, allowing you to earn extra cash it is not being used. The interest rate is variable, which means it could change according to the movements of the RBA cash rate.

How is my interest calculated?

Interest on the account is calculated daily against the balance and added to your account on the first business day of the following month.

$0 account keeping fees

There are no monthly service fees for the account. However, it does need to be linked with a St.George business transaction account which may incur monthly charges.

Must be linked to a St.George business transaction account

You will need to have a business transaction account with St.George in the same business name in order to benefit from the features of the savings account. Compare other St.George products available.

No minimum balance

There is no minimum balance requirement for the Business Access Saver from St.George.

Easy access

You can manage your account online, over the phone or with a mobile device. With each of these you are allowed an unlimited number of transactions for free. Teller banking is also available for free for up to four times in one month. If you exceed that number there will be a $3 charge for every transaction.

Manage your account with mobile banking

You can conduct all of your transactions using a smartphone or other mobile device that uses an iOS or Android operating system. The St.George app allows you to view your account and make transfers in and out of it even when your business has you on the go.

Launch the savings account calculator

How to apply

Eligibility

Before proceeding to the secure application page, make sure that you and your business are eligible for this account:

Linked account. You will need to have an eligible St.George business transaction account already in place in order to be approved for the Business Access Saver account.
Business location. In order to qualify, your business must be registered to operate in Australia.

Depository requirements. There is no initial deposit necessary to open the St.George Business Access Saver.

Documentation needed

If you meet these eligibility requirements than your next step should be to gather the following information which will be asked for as you continue with your application:

Tax file number. Providing your tax file number (TFN) ensures that you are in compliance with Australian tax laws related to business and that the there is no extraneous withholding tax being applied to your account.
Australian business number. St.George will accept any of the following as proof that you are an Australian based business; Australian Business Number (ABN), Australian Company Number (ACN), Australian Registered Business Number (ARBN) or an Australian Registered Scheme Number (ARSN).
Transaction account. The account details for your St.George business transaction account will be needed so that you can easily transfer money into your new savings account. If you are not already a St.George business customer, you will be prompted to apply first for the transaction account before being able to apply for the Business Access Saver.

What happens after I submit my application?

Filling out the application will take approximately ten minutes, and once submitted you should receive an introductory email from St.George. This will let you know what your next steps should be in order to get your savings account opened.

Compare other savings accounts

1 - 12 of 189

Name	Maximum Variable Rate p.a.	Standard Variable Rate p.a.	Intro/Ongoing	Government Guarantee	Monthly Max Rate Conditions
Newcastle Permanent Smart Saver Account - Under 25s	Maximum Variable Rate p.a. 5.00%	Standard Variable Rate p.a. 0.05%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Grow balance No more than 2 withdrawals	Go to site View details Compare	An easy way for young savers to earn a solid interest rate without jumping through too many hoops.	loading Fetching your data...
Ubank High Interest Save Account	Maximum Variable Rate p.a. 5.50%	Standard Variable Rate p.a. 0.00%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Deposit $500 Savings up to $100,000	Go to site View details Compare	loading Fetching your data...
Newcastle Permanent Smart Saver Account - Under 25s	Maximum Variable Rate p.a. 5.00%	Standard Variable Rate p.a. 0.05%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Grow balance No more than 2 withdrawals	Go to site View details Compare	loading Fetching your data...
ING Savings Maximiser Finder Award	Maximum Variable Rate p.a. 5.50%	Standard Variable Rate p.a. 0.55%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Deposit $1,000 5 transactions Grow your balance Balances up to $100,000	Go to site View details Compare	Get $50 cashback when you open an Orange Everyday and a Savings Maximiser account and make 5 settled transactions. T&Cs apply	loading Fetching your data...
Newcastle Permanent Online Savings Account	Maximum Variable Rate p.a. 5.20%	Standard Variable Rate p.a. 1.00%	Intro/Ongoing 3 months	Government Guarantee	Monthly Max Rate Conditions N/A	Go to site View details Compare	loading Fetching your data...
ING Savings Accelerator ($150,000 - $500,000)	Maximum Variable Rate p.a. 5.20%	Standard Variable Rate p.a. 4.70%	Intro/Ongoing 4 months	Government Guarantee	Monthly Max Rate Conditions Welcome rate applies up to $500K	Go to site View details Compare	loading Fetching your data...
Macquarie Savings Account	Maximum Variable Rate p.a. 5.35%	Standard Variable Rate p.a. 4.75%	Intro/Ongoing 4 months	Government Guarantee	Monthly Max Rate Conditions Balances up to $250,000	Go to site View details Compare	loading Fetching your data...
ME HomeME Savings Account	Maximum Variable Rate p.a. 5.55%	Standard Variable Rate p.a. 0.55%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Deposit $2000 Grow balance Balances up to $100,000	Go to site View details Compare	loading Fetching your data...
IMB Reward Saver Account	Maximum Variable Rate p.a. 5.25%	Standard Variable Rate p.a. 0.00%	Intro/Ongoing 4 months	Government Guarantee	Monthly Max Rate Conditions Deposit $50 No withdrawals Balances up to $1,000,000	Go to site View details Compare	Earn up to 3.25% p.a. after the introductory period ends.	loading Fetching your data...
BCU Bonus Saver	Maximum Variable Rate p.a. 5.00%	Standard Variable Rate p.a. 1.00%	Intro/Ongoing 4 months	Government Guarantee	Monthly Max Rate Conditions N/A	Go to site View details Compare	loading Fetching your data...
Westpac Life (18-29 year olds only)	Maximum Variable Rate p.a. 5.20%	Standard Variable Rate p.a. 2.00%	Intro/Ongoing Ongoing	Government Guarantee	Monthly Max Rate Conditions Make a deposit Grow your balance 5 debit card purchases Balances up to $30,000	Go to site View details Compare	loading Fetching your data...
St.George Maxi Saver	Maximum Variable Rate p.a. 5.35%	Standard Variable Rate p.a. 1.10%	Intro/Ongoing 3 months	Government Guarantee	Monthly Max Rate Conditions N/A	Go to site View details Compare	Max Variable Rate includes 0.35% p.a. for 3 months for new customers who apply online	loading Fetching your data...

Showing 12 of 13 results

Sources

Your reviews

No reviews yet. Write a review

Ask a question

To ask a question simply log in via your email or create an account.

Ask a question

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

You are about to post a question on finder.com.au:

Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
finder.com.au is a financial comparison and information service, not a bank or product provider
We cannot provide you with personal advice or recommendations
Your answer might already be waiting – check previous questions below to see if yours has already been asked

Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Feedback

Go to site

St.George Business Access Saver Account