People's Choice logo

People's Choice Business Online Account

Advertiser disclosure
Interest rate
1.85% p.a.(for $1 and over)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review People's Choice Business Online Account - last updated: 26 March 2024

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What's hot
  • Unlimited transfers via BPAY, direct debits, phone and internet
  • No account fees
What's not
  • Must link to a transaction account
Mozo snapshot

Searching for a savings account to help your business grow? Then the People’s Choice Business Online Account could be worth a look. It features an ongoing variable interest rate of 1.85% p.a. for balances from $5,000, as well as no account fees. You’ll also be able to make an unlimited number of transactions over the phone or through BPAY, direct debits and internet banking, at no extra cost every month.

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Key features

The People’s Choice Business Online Account comes with a decent variable rate of 1.85% p.a. for all accounts. There are also no account fees, no minimum opening deposit and no minimum balance you have to meet or worry about. 

And the flexible options don’t stop there. Whether you prefer speaking to someone over the phone or you would rather do your banking from the comfort of your own desk, this savings account caters for all sorts of transactions. You can make bank transfers online, via BPAY, through direct debits, or over the phone, and the great news is, there’s no cap or fee attached to how many of those transactions you can make every month.

Another feature to keep in mind is that you must link your People’s Choice Business Online Account to a transaction account. This account can be from any provider, not just People’s Choice. But if you do decide to open a People’s Choice Business Access Account and link it to your Business Online Account, you’ll receive Visa debit card access.

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Who is it good for

The People’s Choice Business Online Account is a great choice for business owners who want the flexibility of making multiple transactions and the perk of being free of fees. 

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Any catches

If you want to open a People’s Choice Business Online Account, remember that it must be linked to any everyday transaction account.

Details

Rates and fees information correct as at 25 April 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.00% p.a.
Balances from $1: 1.85% p.a.

n/a

n/a

Fees

$0.00

n/a

Unlimited BPAY, direct debits, phone and internet banking transfers.

n/a

n/a

n/a

n/a

n/a

n/a

$0.00

$0.00

n/a

Other financial bits

$0.00

$0.00

Monthly

Features

no

n/a

no

no

no

no

no

yes

yes

yes

no

Must link to transaction account

none

Customer Reviews

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About People's Choice

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5.75% p.a. (for $0 to $250,001)

4.40% p.a.(for $0 to $250,001)

Yes up to $250,000

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5.35% p.a. (for $0 to $250,000)

4.75% p.a.(for $0 to $1,000,000)

Yes up to $250,000

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Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

0% p.a.(for $0 and over)

Yes up to $250,000

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AMP Saver Account

5.40% p.a. (for $0 to $250,000)

1.20% p.a.(for $0 to $5,000,000)

Yes up to $250,000

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Savings+Bonus

5.00% p.a. (for $0 to $250,000)

2.00% p.a.(for $0 to $250,000)

Yes up to $250,000

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5.10% p.a. (for $0 to $250,000)

0.10% p.a.(for $0 and over)

Yes up to $250,000

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Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

0.05% p.a.(for $0 and over)

Yes up to $250,000

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Life

5.00% p.a. (for $0 and over)

2.00% p.a.(for $0 and over)

Yes up to $250,000

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Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

4.40% p.a.(for $0 to $250,001)

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Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

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ubank

Save Account

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

0.10% p.a.(for $0 and over)

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AMP Bank

AMP Saver Account

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

1.20% p.a.(for $0 to $5,000,000)

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First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

2.00% p.a.(for $0 to $250,000)

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IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

0% p.a.(for $0 and over)

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MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

0.05% p.a.(for $0 and over)

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Westpac

Life

5.00% p.a. (for $0 and over)

Yes up to $250,000

2.00% p.a.(for $0 and over)

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IMB Bank

Reward Saver Account

0% p.a.(for $0 and over)

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

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AMP Bank

AMP Saver Account

1.20% p.a.(for $0 to $5,000,000)

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

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ubank

Save Account

0.10% p.a.(for $0 and over)

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

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MyState Bank

Bonus Saver Account

0.05% p.a.(for $0 and over)

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

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Bendigo Bank

Reward Saver

0.30% p.a.(for $0 and over)

5.25% p.a. (for $0 to $100,000)

Yes up to $250,000

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Ziggy Kids Saver

0.01% p.a.(for $0 and over)

3.01% p.a. (for $0 and over)

Yes up to $250,000

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ANZ

Progress Saver

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

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