Salary Packaging

Attract and retain

Your staff are the back bone of your organisation. We understand that your staff are just as important as the communities you help – and that’s why we’ve created an innovative range of salary solutions that make it easier for not-for-profits with Public Benevolent Institution (PBI) status to pay staff and administer salary packaging.

Keep all your salary packaging under one roof with our b-packaged® and b-optimised® accounts which help you attract and retain staff with competitive salaries.

b-optimised® account

Our b-optimised account allows you to bundle benefits for your employees and optimise their banking. Combining both the b-packaged and b-optimised accounts creates a salary payment solution for employers and employees.

The salary sacrificed portion of the employee’s salary for fringe benefits goes to the b-packaged debit Mastercard whilst the balance of the employee’s salary goes into their b-optimised account for everyday access to their money.

star Features
star Features
Tiered interest rates – the higher your balance, the higher the return
Access to funds as needed
Minimum opening balance of $1
No account service fees
Transaction account rebate of $4
BPAY available
Phone banking available
Internet banking available
Cash card, debit card, overdraft and cheque book facility available
fees Fees
fees Fees
Direct debit FREE
Cheque book FREE
Individual cheques 70c
Withdrawals From 40c
Transfers From 40c
Refer to the fees & charges document for more information
percent Rates
percent Rates
$0 to $4,999.99 0.85% pa
$5,000 to $24,999.99 0.95% pa
$25,000 to $49,999.99 1.05% pa
$50,000 to $99,999.99 1.15% pa
$100,000 to $249,999.99 1.25% pa
$250,000 to $499,999.99 1.35% pa
$500,000+ 1.45% pa
Lee from Community Sector Banking
Wollongong, NSW
Real solutions

Our dedicated salary packaging team are available to assist you and your employees with managing their fringe benefits.

Popular questions

You can open this account by completing the relevant forms and mailing them to our Customer Service and Engagement team.

You will need the 'b-optimised Account Application Form' and the 'Certified Identification Form'.

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