In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert
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ANZ Business Advantage

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ANZ Business Advantage
Account keeping fee
$10
ATM withdrawal fee
$0
Overseas ATM withdrawal fee
$5
Overseas transaction fee of transaction value
3%

Our verdict

A convenient transaction account for your everyday business purchases.

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.

Pros

  • ApplePay and GooglePay
  • Optional overdraft facility
  • Flat $10 account keeping fee

Cons

  • 3% international transaction fee

In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert

Details

Product details

Product Name ANZ Business Advantage
Monthly account fee $10
Card access Visa
Own network ATM fee $0
International ATM Fee $5
International transaction fee 3%
Monthly deposit required to waive account fee N/A
Contactless Payments Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Key features

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$10 account-keeping fee

This account has one flat $10 monthly account keeping fee.

Linked ANZ Business Visa Debit card

This account comes with the option of requesting a Business Visa Debit card at no extra cost, which you can use anywhere that Visa is accepted around the world.


How to apply

If you believe this account is right for you, you can apply online.

Eligibility

  • Business. This account is not available for personal use. You must be applying as a sole trader, company, partnership, trust, society, co-operative or association.
  • Authority. You need to have the authority to open an account on behalf of the business you represent.

Your reviews

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Alison Finder

Editor

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