The BizSaver account is an interest bearing account that provides an incentive for genuine business savers who want better returns on surplus funds.
- Applicants must have an existing business cheque account with BSP.
- Minimum opening deposit - $250.
- Minimum operating balance- Nil.
- Account statement issuance is quarterly with the option to generate statements at other frequencies. Any ad-hoc request will attract a fee.
- Periodic Payment Transfer (PPT) is not allowed from this account.
- This account does not offer a cheque book, debit card or overdraft facility.
- Cash withdrawal is not permitted. Funds will have to be transferred to associated business current account, and then withdrawals made.
- BizSaver rewards you on your savings with a competitive interest rate.
- This product offers an incentive of a conditional bonus interest payment.
- Interest earned can be reinvested into the BizSaver or transferred to a nominated BSP account.
How to set up an Account
You can enquire at your nearest BSP branch for a BizSaver account or please call our BSP Customer Contact Centre on 132 888 or (679) 3214 300 or send your query through the Contact Us page.