High interest deposit products for HOSTPLUS employers
As a HOSTPLUS employer you can access high interest earning deposit products through Members Equity Bank – the bank 100% owned by Industry Superannuation Funds including HOSTPLUS.
Members Equity Bank can help your business maximise its earning potential with market leading interest rates and straightforward products, including the Business Investment Account and the Business Term Deposit.
Business Investment Account
The Business Investment Account is an online account that can be linked to your current everyday business account (held at any Australian bank). Transferring money between accounts is easy and you can move your money back and forth as often as you like. So if your business has any surplus cash earning little or no interest in your everyday account, you can move it to the Members Equity Business Investment Account to maximise your returns.
Features at a glance:
• No account keeping fees
• No fixed term and no minimum balance
• Free internet and phone banking
• Free cheque deposits
Business Term Deposit
A Business Term Deposit provides a regular income for any surplus cash and the security of knowing exactly what return your business will receive. It offers flexibility - you choose the term, investment amount and how you would prefer your interest to be paid.
Features at a glance:
• Competitive interest rates
• Flexible investment terms from 30 days to two years, or any number of days in-between
• Minimum deposit $1,000
• Free internet and phone banking
More information
Members Equity Bank provides a full range of personal banking as well as business banking products. The bank has over $18 billion in assets and 200,000 customers.
For further information on the Business Investment Account, please call Members Equity on 1300 658 108 or go to the Members Equity Bank website.
Please consider if this product is appropriate for you. Feed and charges apply. Terms and conditions available on request.