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The ANZ Business Advantage account is a convenient everyday transaction account with one monthly fee. Most transactions are included in the flat monthly fee and come without monthly limits (although fees still apply to overseas withdrawals, plus certain other transaction types). The account offers easy access to your money via a linked ANZ Business Visa Debit card, ATMs, in branch, electronically through EFTPOS, Internet banking, mobile and phone banking.
$10
Account keeping fee
$0
ATM withdrawal fee
$5
Overseas ATM withdrawal fee
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Product Name | ANZ Business Advantage |
---|---|
Monthly account fee | $10 |
Card access | Visa |
ATM Withdrawal Fee | $0 |
Internatonal ATM Fee | $5 |
Monthly deposit required to waive account fee | N/A |
Contactless payments | Google Pay, Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay |
Review by
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
This business transaction account has a $10 monthly account fee, however you’re able to make unlimited free ANZ transactions. This includes unlimited cash deposits, withdrawals and cheque transactions in branch, which normally would attract a transaction fee. That being said, if you don’t make any business transactions in branch the $10 fee may not be worthwhile for you, and there are some business bank accounts that have no monthly fees.
You have the option to add an overdraft facility to this account which could be handy to help manage your cash flow. Just make sure you check the interest rates charged on the overdraft facility carefully.
You can link your bank account to your accounting software via ANZ Bank Feeds, to see all your business transactions along with your accounting. And with Apple Pay and Google Pay available, you can enjoy the convenience of making business purchases with your phone, no cash or card required.