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This is a convenient everyday account to manage your business’s daily expenses. The account charges no monthly fees and offers an overdraft if needed to better manage your business cash flow.
$0
Account keeping fee
$0
ATM withdrawal fee
$4.5
Overseas ATM withdrawal fee
2.95%
Overseas transaction fee
of transaction value
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Product Name | CUA Everyday Business Account |
---|---|
Monthly account fee | $0 |
Card access | Visa |
ATM Withdrawal Fee | $0 |
Internatonal ATM Fee | $4.50 |
International transaction fee | 2.95% |
Monthly deposit required to waive account fee | N/A |
Contactless Payments | Google Pay, Apple Pay, Samsung Pay |
Review by
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
This account is designed for your day-to-day business spending. It charges no monthly account keeping fee, which isn’t very common for a business account. You can make unlimited free electronic payments using Internet or mobile banking as well as BPAY.
You can also go into a CUA branch if you need help making a transfer or to withdraw money, but there is a small fee for this. If you don’t live or work near a CUA branch, you can also make deposits into the account at an Australian Post Office using Bank@Post. Making deposits with Bank@Post is free, however there is a $3 fee to make withdrawals.
You also have the option of adding a commercial overdraft facility to this account, which could come in handy to help manage cash flow.