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 account
| Balance | Variable rate |
|---|---|
|
All balances
|
Not applicable
|
Rates are subject to change.
Our business credit cards
| 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
| 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.
| 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.
Our business overdrafts
| 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.
|
| Rate type | Rate |
|---|---|
|
Business overdraft reference rate
3
|
12.63% p.a.
|
|
Variable overdraft reference rate
4
|
10.32% p.a.
|
- The indicative variable rate is based on a fully secured loan option.
- Also known as the Business Market Reference Rate.
- This reference rate is applicable to the Business Cheque Account.
- This reference rate is applicable to the Corporate Transaction Account and Business High Interest Transaction Account.
- 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.