You rename your accounts in the Settings. Just go to the Accounts section and select the account you want to rename. You have a maximum of 20 characters to work with.
Interest is calculated daily based on your closing account balance and paid out at the end of each month.
There are no monthly account fees or application fees associated with this interest savings account. For a full list of fees that may apply, please refer to Transaction Account Fees and Charges available on the website.
Yes, you have unlimited access to your funds, just like a regular transaction account. No tiers or fixed terms exist, so you can withdraw or spend your money anytime.
The interest will be calculated daily and credited to your account at the end of each month (the last day of the month).
No, the interest rate is variable and is subject to change. You will be notified of interest rate changes to your account through a notice in your account statement.
No special conditions or minimum balances are required. All funds in your account will earn interest automatically.
Yes, you can continue to use your Thriday Visa Debit card as usual.
We will communicate any changes to the interest rate promptly. The current rate is always available on our website and app.
Yes, all your Thriday accounts will earn interest automatically.
Starting from 1 August 2024, all your Thriday accounts will earn a variable interest rate on a per annum basis, and this interest rate is subject to change.
Right now the interest rate is {{interestRate}}
No, there is nothing you need to do. The interest will be automatically applied to all your Thriday accounts with eligible balances starting from 1 August 2024.
No problem, just visit the bills section and change the scheduled date and you’re good to go.
To benefit from Thriday's time-saving features use your Thriday transaction account and Visa Debit card for all incoming and outgoing business expenses
Suppose you want to leave some of your existing workflows alone in a current bank account you have. In that case, you can very quickly schedule payment transfers from Thriday to that account.
‘Bill Buster’ is a smart recommendation engine that considers the due date, expected revenue or ability to pay.
If, by chance, you’ve accepted a recommended payment date or manually scheduled a payment and you don’t have enough money in your transaction account when the payment is supposed to be processed then the payment won't process, and the bill will remain in the repayment queue.
Thriday is not a bank. Thriday is an Authorised Representative (No.1297601) of Regional Australia Bank Ltd ABN 21 087 650 360 AFSL 241167 (Regional Australia Bank). The transaction account is issued by Regional Australia Bank and is backed by the Financial Claims Scheme².
You could, but the point of Thriday is to save you time by combining the tools you need to manage your financial admin in one place.
If you only plan on using Thriday to send and receive money, and you want to continue using a bookkeeper, accounting platform, invoicing software, receipt scanning software, and an accountant (all outside of the Thriday ecosystem), you're missing out on the automation and real value Thriday provides.
The transaction account is the beating heart of the Thriday system, enabling automation that other tools and platforms simply can't. As a result, Thriday could save you many hours each week when used to its full potential.
With Thriday, you aren't just getting a transaction account. Instead, you're getting an all-in-one financial management platform that could pay for itself with the time it saves!
No problem, we can provide instructions on transferring your direct debits to your Thriday transaction account once you become a Thriday member.
If you'd like to transfer funds to your Thriday transaction account, go to the Accounts screen, find the correct transaction account and click the 'Add Funds' button near the top right-hand corner. After that, you will be shown your transaction account's BSB (932 000) and Account number, which you can use to perform a transfer to.
Thriday doesn't support physical cheques as a payment method with our business accounts. This is because cheques aren't a common payment method anymore. We hope that businesses begin to use electronic payments and e-invoicing as much as possible. Digital methods aren't only cheaper and quicker but also more environmentally friendly!
With a Thriday Visa Debit card, you'll be able to withdraw cash from your business account using ATMs or eftpos facilities around Australia. There's a daily limit for cash withdrawals of $1,000 per day.
Yes, Thriday allows you to attach files to transactions to detail them according to your specific needs.
Thriday acknowledges the Traditional Owners of Country throughout Australia and recognises their connection to land, water and community. We pay our respects to them and their cultures, and to Elders past, present and emerging.