Business Savings Accounts with High Interest

Savings Accounts

No Fees, No minimum balance
Sub accounts for Tax, Salaries, etc...
Printable Statements & Tax Certificates

Open a Savings Account for your Business to make the most of surplus cash and maximise your profit. Our Savings Account for Businesses offers the same great benefits no matter how big or small your business or bank balance.

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Institution/Product Name	Amount	Rate (%)
RaboPlus Savings Account	All credit balances	3.50
ANZ Business Call Account	$0-$4,999	1.00
	$5,000-$19,999	1.00
	$20,000-$99,999	1.00
	$100,000-$249,999	1.50
	$250,000-$499,999	1.50
	$500,000 plus	2.25
ASB Business Saver	All credit balances	3.15
BNZ Business First OnCall	All credit balances	3.15
Kiwibank Business Online Call	$0-$1,999	0.00
Kiwibank Business Online Call	$2,000 plus	2.65*
National Bank Online Account	$0-$4,999	1.00
	$5,000-$99,000	1.75
	$100,000-$249,000	2.00
	$250,000 and over	2.50
Westpac Online Saver	Less than $100,000	2.00
	$100,000-$499,999	2.50
	$500,000 and over	2.50

as at 8th March 2010
RaboPlus rates are the current rates.
*Bonus interest rate increases if no withdrawals are made in the month to 3.25%
All rates are per annum.

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Savings Account Reviews

You've rated us 4 out of 5

The on call interest rate has been at 3.6% for a long time. Term deposit rates have gone up are you considering raising on call rates??

Mike Heath: Hamish our rates are very much influenced by the wholesale interest rate market which, in turn, is influenced by the Official Cash Rate (OCR). As you will have no doubt seen in the news, the RBNZ doesn’t have plans to increase the OCR for some time, and so the wholesale market then takes statements like that into consideration when setting interest rates for the future dates. The next OCR statement is due this week so we will be watching with the RBNZ has to say about future expectations for the OCR.

Reviewer: Hamish Bond

so easy no hassles. Thank you.

Reviewer: Carolyn King

Excellent idea and its so cool that you just have sub accounts for all your different goals!!!! love it!

Reviewer: Adam

Business Savings Accounts with High Interest – RaboPlus New Zealand

Interest Rate Updates

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Savings Account Reviews