In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Great Southern Bank Business+ Saver account

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Great Southern Bank Business+ Saver

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Maximum variable rate
4.15% p.a.
Base interest rate
4.15% p.a.

Our verdict

The Great Southern Bank Business+ Saver is a business savings account with a competitive interest rate and no fees.

The Great Southern Bank Business+ Saver is designed for business owners and sole traders. It works just like a personal savings account but it's for businesses to park cash they're not currently deploying and earn a reasonable interest rate at the same time.


You can get a rate of 4.15% on your business savings with no minimum deposit conditions.

Pros

  • No monthly account-keeping fees - Keeps costs down and ensures more of your business’s money is working for you.
  • Competitive interest on savings - Helps your business grow funds while keeping cash accessible.

Cons

  • Digital-only service - No branch or call centre support for Business+ products.
  • Requires a linked Business+ Account - Cannot be opened or used on its own.
  • Separate from existing Great Southern Bank products - Business+ accounts can’t be managed alongside other Great Southern Bank accounts in the same app.

In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Details

Product details

Product Name Great Southern Bank Business+ Saver
Maximum Variable Rate 4.15% p.a.
Standard Variable Rate 4.15% p.a.
Monthly Account Fee $0
Minimum Age 18

Key features

Interest rate

With this account there are no real conditions to meet each month. You'll earn the maximum rate of 4.15% on your business savings and there's no minimum balance.

No account fees

There's no account fees with the Great Southern Bank Business+ Saver.


How to apply

Eligibility

The Great Southern Bank Business+ Saver is for customers who:

  • Are 18 or older and an Australian resident
  • Are a sole trader or company owner
  • Have an ABN

Sources

Your reviews

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Ask a question

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Richard Finder

Senior Money Editor

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