Business product rates

Bankwest have announced we will progressively stop offering business products under the Bankwest brand and we will offer to redirect or transition customers to Commonwealth Bank of Australia (CommBank).

Our business accounts

Business Zero Transaction Account
Balance Variable rate
All balances
Not applicable
Business Zero Transaction Account
Balance
Variable rate
All balances
Not applicable
Business TeleNet Saver
Balance
Variable rate
All balances
1.35% p.a.
Business TeleNet Saver
Balance
Variable rate
All balances
1.35% p.a.
Farm Management Term Deposit 
Term  Rate 
1 month
2.25% p.a.
3 months
3.25% p.a.
6 months
3.80% p.a.
9 months
4.05% p.a.
12 months
4.55% p.a.
Farm Management Term Deposit 
Term 
Rate 
1 month
2.25% p.a.
3 months
3.25% p.a.
6 months
3.80% p.a.
9 months
4.05% p.a.
12 months
4.55% p.a.
Rates are subject to change

Our business credit cards

Corporate Mastercard - Corporate and Executive tiers
Rate type Rate
Ongoing rate (balance transfers, cash advances and purchases)
17.99% p.a.
Corporate Mastercard - Corporate and Executive tiers
Rate type
Rate
Ongoing rate (balance transfers, cash advances and purchases)
17.99% p.a.

Rates are intended for new Corporate Mastercard - Corporate and Executive tiers customers only. Fees and charges apply, including an annual fee.

Rates are subject to change

Our business loans

Business Low Rate Loan
Rate type Variable rate
Indicative variable rate 5
7.15% p.a.
Business low rate (reference rate)
8.47% p.a.
Business Low Rate Loan
Rate type
Variable rate
Indicative variable rate 5
7.15% p.a.
Business low rate (reference rate)
8.47% p.a.

Indicative variable rate shown is for new borrowings only. Available on new facilities up to $1,000,000. Minimum loan amount $10,000. A margin may apply to the above rates based on our full credit assessment of your loan application.

Business FeeSaver Loan
Rate type Variable rate
Indicative variable rate 5
8.42% p.a.
Business FeeSaver rate (reference rate)
8.67% p.a.
Business FeeSaver Loan
Rate type
Variable rate
Indicative variable rate 5
8.42% p.a.
Business FeeSaver rate (reference rate)
8.67% p.a.

Rates are intended for new borrowing only and available on new facilities up to $1,000,000. Minimum loan amount $10,000. A margin may apply to the above rates based on our full credit assessment of your loan application.

Rates are intended for new borrowings only and subject to change. Details of other fees and charges that may be incurred will be provided on approval of the facility. A margin may apply to the above rates based on our full credit assessment of your loan application.

Our business overdrafts

Business Zero Transaction Account Overdraft
Rate type Rate
Indicative secured variable rate 1
10.39% p.a.
Indicative unsecured variable rate
15.27% p.a.
Variable overdraft reference rate 2
11.27% p.a.
Business Zero Transaction Account Overdraft
Rate type
Rate
Indicative secured variable rate 1
10.39% p.a.
Indicative unsecured variable rate
15.27% p.a.
Variable overdraft reference rate 2
11.27% p.a.
Other Overdraft Reference Rates
Rate type Rate
Business overdraft reference rate 3
12.63% p.a.
Variable overdraft reference rate 4
10.32% p.a.
Other Overdraft Reference Rates
Rate type
Rate
Business overdraft reference rate 3
12.63% p.a.
Variable overdraft reference rate 4
10.32% p.a.
Rates are intended for new borrowings only and subject to change. Details of other fees and charges that may be incurred will be provided on approval of the facility. A margin may apply to the above rates based on our full credit assessment of your loan application.

  1. The indicative variable rate is based on a fully secured loan option.
  2. Also known as the Business Market Reference Rate.
  3. This reference rate is applicable to the Business Cheque Account.
  4. This reference rate is applicable to the Corporate Transaction Account and Business High Interest Transaction Account​.
  5. Excludes self managed super funds, property development and property investment. The indicative variable rate is based on a fully secured loan option. A margin may apply based on our full credit assessment of your loan application. Rate is intended for new borrowing only and subject to change. Subject to fully completed application, including verification documentation, being provided.
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