Zeller Business Savings Account
- Maximum variable rate
- 2.00% p.a.
- Base interest rate
- 1.4%p.a.
- Minimum deposit
- $0
Our verdict
Zeller's Business Savings Account offers a very competitive introductory rate and you can open it instantly if you have a Zeller account.
Zeller's Business Savings Account is a flexible business savings account that offers a competitive rate for a short period.
If you have a business tax file number you can set up your account very easily. While the account doesn't let you link a debit card, you can link to a Zeller transaction account which does.
Pros
-
Competitive rates
-
Instant account creation
-
Link to transaction account
Cons
-
Highest rate is for a short period only
Details
Product details
| Product Name | Zeller Business Savings Account |
| Maximum Variable Rate | 2.00% p.a. |
| Standard Variable Rate | 1.40% p.a. |
| Minimum Opening Deposit | $0 |
Key features
Rate
While Zeller's base interest rate is fairly standard, it offers a higher introductory bonus rate of 2%. After 60 days the account reverts to a lower rate.
Interest
Interest on your funds is calculated daily and paid monthly.
Instant account creation
Existing Zeller customers can create a business savings account instantly.
Fees
This account has no fees.
Access
While this account doesn't offer a linked business debit card, you can link a Zeller Transaction account. These accounts let you link a business debit card.
You can move money between your accounts at any time.
How to apply
To open this account you just need a business tax file number. From there you can create a Zeller account instantly and start adding funds.
Your reviews
Richard Finder
Editor
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