Newcastle Permanent Business Cheque Account

transaction accountstale

Business Cheque Account is a transaction account from Newcastle Permanent. It pays 0.00% p.a. with no bonus conditions.

Not ranked: a transaction (everyday) account, not a savings account.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

The feed states a minimum balance of $1.

Conditions

• not updated by the bank since 2026-08-25, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed

Features

card

Visa Debit Card

app

yes

Osko

yes

PayID

yes

BPAY

yes

transactions

unlimited

wallets

Apple Pay, Google Pay

Other features, in the bank's words:

• Cheque book available
• Batch payments available

Fees, limits and who can open it

monthly fee

$10

other fees named

Document Fee, Excess Cash Deposit Fee, Miscellaneous Service Fee, Certificate Fee, Overseas Transaction Conversion Fee (no amount in the feed)

minimum balance

$1

interest paid

quarterly

interest calculated

daily

open to

business customers

Who can open it, in the bank's own words:

• business: Sole traders, partnerships and companies
• residency: Available to permanent Australian Residents

About this account

Everyday business transaction account. Sole traders, partnerships and companies.

Data

• Newcastle Permanent's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 13 November 2026.
• /au/finance/savings-accounts/v1/brands/newcastle-permanent.json: this bank's accounts and every balance band as JSON; Newcastle Permanent's page lists them.
• The bank last updated this record on 25 August 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Newcastle Permanent

• Online Savings Account (Including Intro) savings account, 1.00% base at $50,000
• Smart Saver Account savings account, 5.60% conditional at $50,000
• Smart Saver Account (Under 25) savings account, 6.25% conditional at $50,000
• Business Cash Management Account cash management account, 1.12% base at $50,000
• Club Accountstale transaction account, 0.00% base at $50,000
• Everyday Accountstale transaction account, 0.01% base at $50,000
• Special Monthly Interest transaction account, 1.60% base at $50,000

All of Newcastle Permanent's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.