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DVDcoach, post: 24670 wrote:
These fees are quite reasonable.

I also created a business account with St George, and this account costs $60/month! I am thinking of finding another bank to work with.

Make sure you check ALL of the costs, not just transaction costs.


Tony Morris
Online Computer Training Made Easy

St.George wants me to sign a 3 year contract when opening my merchant account. Since this is a startup business and can fail at anytime I think this is really ridiculous. So I emailed BankWest for a quote on there merchant facility and they quoted me a staggering 0.95% per transaction, with a monthly fee of $2.00, no setup costs.

Now that’s what I call a comprehensive quote :) I just need to draw up a business plan, as that’s required for my application!

Whoo Hoo, so excited about this :)