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Find out how Zeller’s Online Business Savings Account Can Benefit You

With a competitive 2% p.a standard variable rate (for the first 60 days, and 1.4% p.a standard variable rate thereafter), Zeller Savings Account can help you grow your business savings faster than a big-4 bank.

Zeller's Business Savings Account Helps Manage Poor Cash Flow & Cash Reserves

By moving funds into a business savings account, you can contribute to building your businesses' resilience. These extra funds may come in handy when your customers are late to pay you, when your overheads increase, or during seasonal fluctuations. Having some extra funds to see you through these leaner times will help give your business more stability. If you’d like to help safeguard your business against unexpected events, it’s very important that you have a cash reserve & expense managment tools such as Zeller's corporate cards. Adding funds regularly to a company savings account will help build a buffer that your business can use through unforeseen expenses.

Help Avoid Tax Stress & Improve Your Position to Borrow For Your Buinsess

One great way of managing funds for not yet paid tax obligations is to put them into an interest-earning business account before you need to pay the tax office. Not only will you have set aside cash to meet your tax obligations, but you will also have earned interest on it. When ascertaining your credit rating, a lender might assess your cash flow and your cash on hand. Having a business saver account that you regularly contribute to can therefore assist in providing important context to a lender, and potentially improve your position to borrow funds.

Comparing Business Saving Accounts in Australia

With a 2% p.a interest rate for the first 60 days (and 1.4% thereafter), Zeller Business Savings Account offers a way to earn some passive income on idle funds. Making a contribution each week to a savings account can set you up for future expansion by earning you money in the background, which can then be invested back into your business. When comparing business savings rates across interest-earning accounts, make sure to also consider whether the accounts have a minimum balance requirement and whether you can access your funds at any time. Zeller Business Savings Account lets you add or move money between business transaction accounts whenever you like, your savings are never locked away.