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Premier Business Account

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SCU offers you an easy and efficient way to manage your business cash flow, ensure that you set aside the funds you need, and simplify your administration.

When you open an SCU business account you can also open a range of sub accounts - at no extra cost. You can set up one sub account for your GST payments, another for payments to suppliers, a sub account for rent, wages, bills, promotional expenses or any other purpose you need. You receive one consolidated statement that itemises your transactions under each sub account. Everything you need to know is at a glance.

  • Up to 12 sub accounts for anything
  • Low fees or no fees
  • A business-sized cheque book
  • Manage cash flow easily
  Key Features
Premier Business Account Key Features
Interest Rate Tiered account
Minimum opening balance $100
Funds available at call Yes
Cheque Book Yes
Sub Accounts Yes - for any purpose at no extra charge
EFTPOS/ATM rediCARD Access Yes
Direct Entry (Credit/Debit) Credit and Debit
Interest Income Calculated daily, paid quarterly
Visa Debit Card Access Yes
Over the counter transactions Yes
BPAY Yes
Periodic Payments Yes
Member Chequing Yes
Overdraft Facility Yes
  Learn more about sub accounts

Sub accounts allow you to manage your business finances simply and efficiently.

Rather than keep track of all your business finances combined in the one account, you can simplify your administration with separate accounts for:

  • GST
  • Supplier payments
  • Money set away for regular payments, such as leases, insurance and other financial commitments
  • Employee superannuation
  • Or any other purpose

It's simple to set up, you receive one statement itemising your transactions under each sub account. And as we said - there is no extra cost!

More Information

Apply

Apply for business membership open a business account with scu

Questions?

If you have any questions, please contact us find out more about business banking with scu