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Business Banking: Compare business banking products and services

Compare business bank accounts, business investment accounts, business credit cards and payment options, as well as business loans.

Compare business banking solutions

Name Monthly fee Govt. Guarantee Own network ATM fee Card type
NAB Business Everyday Account
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Zeller Business Transaction Account
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
Go to siteMore Info
Prospa Business Account
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Thriday Business Account
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Suncorp Business Premium Account
Apple Pay Google Pay Samsung Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Auswide Bank Business Access Account
Apple Pay Google Pay
Monthly fee
$10
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
ANZ Business Essentials
Apple Pay Google Pay Samsung Pay Fitbit Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Heritage Bank Body Corporate
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More Info
Bank of Melbourne Freedom Business Account
Apple Pay Google Pay Samsung Pay
Monthly fee
$10
Government Guarantee
Own network ATM fee
$5
Card type
Visa
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Showing 9 of 9 results
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro Period Government Guarantee Monthly Max Rate Conditions
Zeller Business Savings Account
Maximum Variable Rate p.a.
2.00%
Standard Variable Rate p.a.
1.40%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
AMP Cash Manager
Maximum Variable Rate p.a.
4.80%
Standard Variable Rate p.a.
4.80%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
ANZ Business Online Saver
Maximum Variable Rate p.a.
1.25%
Standard Variable Rate p.a.
1.25%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
The Mutual Bank Cash Management Account
Maximum Variable Rate p.a.
0.05%
Standard Variable Rate p.a.
0.05%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
ING Business Optimiser
Maximum Variable Rate p.a.
1.00%
Standard Variable Rate p.a.
0.60%
Intro Period
6 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
The Mutual Bank Business Maximiser Account
Maximum Variable Rate p.a.
1.85%
Standard Variable Rate p.a.
1.85%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Westpac Business Cash Reserve
Maximum Variable Rate p.a.
2.54%
Standard Variable Rate p.a.
0.01%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
The Mutual Bank Internet Saver - Business
Maximum Variable Rate p.a.
2.00%
Standard Variable Rate p.a.
2.00%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
Macquarie Business Savings Account
Maximum Variable Rate p.a.
4.65%
Standard Variable Rate p.a.
4.65%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
NAB Business Cash Maximiser
Maximum Variable Rate p.a.
1.15%
Standard Variable Rate p.a.
1.15%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
View details
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Showing 10 of 53 results
Name Product 3 Mths p.a. 4 Mths p.a. 5 Mths p.a. 6 Mths p.a. 7 Mths p.a. 12 Mths p.a. 24 Mths p.a.
Judo Bank Business Term Deposit
5.00%
5.25%
5.25%
5.20%
Westpac Business Term Deposit
3.50%
3.55%
3.65%
3.75%
3.80%
4.25%
4.00%
ME Business Term Deposit
2.05%
4.35%
0.85%
4.50%
1.35%
4.60%
2.00%
Commonwealth Bank Business Term Deposit
3.45%
3.50%
3.60%
3.70%
3.75%
4.55%
3.95%
ANZ Business Notice Term Deposit
3.50%
3.15%
3.20%
4.10%
3.40%
4.50%
3.90%
Suncorp Business Saver Account flexiRates
4.20%
4.60%
4.70%
ING Business Term Deposit
0.50%
0.50%
1.50%
0.80%
2.00%
2.40%
Arab Bank Business Fixed Term Deposit
Arab Bank Business Fixed Term Deposit
3.95%
3.70%
3.70%
4.60%
4.25%
3.80%
AMP Business Term Deposit
AMP Business Term Deposit
4.70%
4.70%
4.70%
5.00%
4.75%
5.00%
4.75%
Bank Australia Business Term Deposits
Green Company
Bank Australia Business Term Deposits
4.70%
5.00%
4.85%
4.50%
Bank of Melbourne Business Term Deposit
Bank of Melbourne Business Term Deposit
3.05%
3.15%
3.25%
3.35%
3.40%
4.00%
4.05%
Bank of Sydney Business Term Deposit
Bank of Sydney Business Term Deposit
5.00%
4.00%
4.00%
5.25%
4.50%
5.25%
AMP Business Term Deposit $25,000+
AMP Business Term Deposit $25,000+
4.75%
4.75%
4.75%
5.05%
4.80%
5.05%
4.80%
MyState Bank Business Term Deposit
MyState Bank Business Term Deposit
2.50%
4.20%
4.40%
4.60%
3.50%
5.00%
3.95%
MyState Bank Business Income Term Deposit
MyState Bank Business Income Term Deposit
5.00%
3.95%
People's Choice Credit Union Business Term Investment
People's Choice Credit Union Business Term Investment
4.75%
Hume Bank Business Term Deposit
Hume Bank Business Term Deposit
3.60%
4.10%
4.80%
4.05%
Illawarra Credit Union Business Term Deposit
Illawarra Credit Union Business Term Deposit
3.95%
3.95%
3.95%
3.95%
3.55%
4.00%
The Mutual Bank Farm Management Deposit
The Mutual Bank Farm Management Deposit
3.25%
4.25%
4.40%
4.40%
RACQ Bank Business Investment Account
RACQ Bank Business Investment Account
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
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Name Product Payment types Machine type Least-cost routing Cost
Tyro Pro
Visa, Mastercard, EFTPOS, American Express, JCB, Apple Pay, Google Pay, Samsung Pay
Portable
Yes
$29/month terminal rental fee

Up to $300 Visa Gift Card when you switch to Tyro. T&Cs apply.

Zeller Terminal
Visa, Mastercard, EFTPOS, American Express, JCB, Apple Pay, Google Pay
Countertop, Portable
No
$259 to own the terminal with no lock-in contract
Zeller payment terminals accept a large range of payment types including EFTPOS, debit, credit and contactless transactions and can be counter-top based or used as a portable terminal.
Zeller Virtual Terminal
Zeller Virtual Terminal
Portable
N/A
Zeller Tap & Pay
Zeller Tap & Pay
American Express, Apple Pay, Google Pay
Portable
N/A
PayNuts Pay Nothing EFTPOS
Visa, Mastercard, EFTPOS, American Express, AliPay, Apple Pay, Google Pay
Countertop, Portable
Yes
N/A
Special offer: $150 cashback for new PayNuts customers. Must apply and sign up by 30 June 2024. Terms and conditions apply.
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Name Product Bonus points Rewards points per $ spent Complimentary travel insurance Minimum annual revenue Annual fee
American Express Qantas Business Rewards Card
170,000
1.25
Yes
$75,000
$450
(ABN holders w/ $75k revenue). Earn 170,000 bonus Qantas Points when you spend $6,000 in the first 3 months.
NAB Qantas Business Signature Card
150,000
0.66
No
$75,000
$295
Receive 150,000 bonus Qantas Points when you spend $4,000 on everyday business purchases in the first 60 days. ABN required.
ANZ Qantas Business Rewards
130,000
0.75
Yes
$75,000
$375
ABN holders w/ $75k revenue. Get 130,000 bonus Qantas Points when you spend $6,000 on eligible purchases in the first 3 months. Plus, a fast-track to Qantas Business Rewards Level 2.
ANZ Business Black
100,000
1.5
Yes
$75,000
$300
ABN holders w/ $75k revenue. Earn 100,000 bonus ANZ Reward Points when you spend $6,000 on eligible purchases in the first 3 months.
American Express Velocity Business Card
100,000
1
Yes
$75,000
$249
ABN holders w/ $75,000 revenue. Get 100,000 bonus Velocity Points when you spend $3,000 in the first 2 months.
NAB Low Rate Business Card
N/A
N/A
No
$75,000
$0 first year ($60 after)
ABN w/ $75,000 p.a. revenue. 0% p.a. interest for 12 months on purchases and receive complimentary unauthorised transaction insurance.
NAB Rewards Business Signature Card
100,000
1.25
No
$75,000
$175
Get 100,000 bonus NAB Rewards points when you spend $4,000 on everyday business purchases in the first 60 days. ABN required.
American Express Business Explorer Credit Card
N/A
2
Yes
$75,000
$0 first year ($149 after)
ABN holders w/ $75,000 revenue. Save with a $0 first-year annual fee and earn up to 2 points on eligible business spending.
American Express Platinum Business Card
350,000
2.25
Yes
$75,000
$1,750
ABN holders w/ $75,000 revenue. Get 350,000 bonus Membership Rewards Points when you spend $12,000 on eligible purchases in the first 3 months.
American Express Gold Business Card
75,000
1.5
Yes
$75,000
$169
ABN holders w/ $75,000 revenue. Get 75,000 bonus Membership Rewards Points when you spend $1,000 within the first 2 months. Plus, earn 1.5 points per $1 on eligible spending with Membership Rewards.
Cape Business Credit Card
N/A
N/A
No
$75,000
$0
PTY LTD Businesses only. Offers a waived account fee for the first month, 0% foreign transaction fees, 0% purchase interest rate and a credit limit of up to $500,000.
CommBank Corporate Low Rate Credit Card
N/A
N/A
No
$40
Designed for businesses looking to pay down large purchases over time with flexible payment options and customised controls.
Westpac BusinessChoice Rewards Platinum Mastercard
50,000
0.5
Yes
$150
Get 50,000 bonus Qantas Points when you spend $3,000 on eligible purchases within the first 90 days.
CommBank Corporate Interest Free Days Card
N/A
N/A
No
$40
Get up to 55 days interest-free on purchases and customised account controls to manage your spending limits and expenses.
CommBank Corporate Charge Card
N/A
N/A
No
$40
Designed for large organisations with significant expenses and reduces processing costs with electronic reporting and management.
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Name Product Min. Loan Amount Max. Loan Amount Loan Term Upfront Fee Filter Values
Lumi Unsecured Business Loan
$5,000
$300,000
3 months to 3 years
2.5% establishment fee
Apply for up to $300,000 from Lumi and benefit from short loan terms, no early repayment fees and once approved receive your funds in just one business day.
Valiant Finance Business Loan Broker
$5,000
$20,000,000
3 months to 7 years
$0 application fee
A Business Lending Specialist from Valiant Finance can give you access to competitive business loans from over 80 lenders. Loans between $5,000 and $20 million are available. Request a call – your loan can be funded in 1 business day.
ebroker Business Loan
$5,000
$5,000,000
1 month to 30 years
$0 application fee
Small business loans available between $5,000 and $5,000,000. Get access to 70+ non-bank lenders on this independent platform.
ScotPac Boost Business Loan
$10,000
$500,000
3 months to 3 years
$0 application fee
A business loan for any industry. Borrow between $10,000 and $500,000, with approved loans funded within 24 hours. Minimum monthly turnover of $10,000 and 1 year of trading history required.
Good For B Business Loan
$10,000
$250,000
3 months to 2 years
$0 application fee
A variable rate business loan of up to $250,000 for businesses investing in green projects or sustainability initiatives.
Max Funding Unsecured Business Loan
$3,000
$30,000
1 month to 1 year
$0 application fee
An unsecured business loan from $3,000 that offers convenient pre-approval and no early repayment fees.
Prospa Business Loan
$5,000
$500,000
3 months to 3 years
3.5% origination fee
Small business loans are available from $5,000 - $500,000 on terms of up to 3 years. At least six months trading history and a monthly turnover from $5,000 is necessary.
OnDeck Business Loans
OnDeck Business Loans
$10,000
$250,000
6 months to 2 years
3% of loan amount
Apply for up to $250,000 and receive your approved funds in one business day. Minimum annual turnover of $100,000 and 1 year of trading history required.
Shift Business Overdraft
Shift Business Overdraft
$10,000
$1,000,000
1 month to 5 years
$0
A business overdraft that links to your business transaction account so you can pay your costs with confidence.
Swoop Finance Business Loan
$5,000
$20,000,000
3 months to 30 years
Depending on your loan contract
Apply online and borrow between $5,000 and $20,000,000. Available to businesses with a minimum of 6 months operating history and have $20,000 in turnover.
Moula Business Loan
Moula Business Loan
$5,000
$250,000
1 to 2 years
A loan of up to $250,000 that can be approved and funded within 24 hours. Available to businesses with 6+ months operating history and $5,000+ monthly sales.
Westpac Business Loan
$20,000
No maximum amount
1 to 30 years
Subject to Negotiation
Purchase a new vehicle, equipment or support your cash flow with a business finance solution from Westpac.
Shift Business Term Loan
Shift Business Term Loan
$25,000
$1,000,000
1 to 5 years
3%
A term loan for any business purpose that allows you to borrow up to $1,000,000 secured, or $250,000 unsecured.
Banjo Business Loans
$20,000
$1,000,000
6 months to 3 years
up to 3% for the 36 month loan term
Available for businesses that are at least two years old and has an annual turnover of $500,000.
Zip Business Loan
$10,000
$500,000
6 months to 5 years
No establishment fee
Borrow up to $500,000 with loan terms of up to 5 years. Flexible weekly, fortnightly and monthly repayment options available with no early repayment fees.
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Learn more about business savings account

A business savings account allows you to earn interest on your business funds while you're not using them. These accounts are a convenient way to earn passive income and can be linked to your business transaction account for easy access whenever you need it.

Compare business savings accounts

Read this guide to find out what to look for when choosing a business savings account and compare business savings accounts in Australia to find the best one for your needs.

Learn more about business transaction accounts

If your business is registered as a partnership, company or trust in Australia, you’re required to open a business transaction account. These are accounts designed specifically with businesses in mind and can be used to pay for your day-to-day business expenses, pay invoices and wages and receive payments from clients and customers.

Reducing business banking costs

Keeping costs to a minimum is a crucial aspect of budgeting effectively as a small business owner. Paying unnecessary banking fees can eat into your business profits but choosing the right transaction and savings accounts can help you minimise or avoid these fees entirely.

How to avoid business banking fees

Read this guide to find out how you can cut down on business costs by choosing the right bank account. Learn about the different types of banking fees you're likely to encounter and how you can avoid them.

Are you looking for other business banking solutions?

Watch: 5 winning strategies to improve small business cash flow


Read more on this topic

  • Zeller Business Savings Account

    Check out Finder's review of Zeller's Business Savings Account.

  • Auswide Bank Business Access Account

    The Auswide Bank Business Access Account is a business transaction account that lets you earn interest. This account has no minimum balance requirement and a low monthly fee.

  • Suncorp Business Premium Account

    The Suncorp Premium Business Bank Account is a business bank account with no monthly fees, unlimited fee-free transactions and a linked Visa Debit Card.

  • Judo Bank business term deposit

    Earn a competitive, fixed interest rate on your business term deposit with Judo Bank.

  • Zeller Transaction Account

    This is a business account with linked physical and virtual debit cards, Xero integration and expense categorisation.

  • Prospa Business Account

    This is a business bank account with no monthly fees or minimum balance requirements, and a complimentary Prospa Visa Business Debit Card.

  • Airwallex Global Account

    Your business can get paid in multiple currencies, and spend directly in those currencies to save on currency conversion fees.

  • Great Southern Bank Everyday Business Account

    The Great Southern Bank Everyday Business Account is a convenient transaction account for your day-to-day business spending with no account-keeping fees.

  • Tyro EFTPOS machine

    Manage your business payments seamlessly with Tyro's EFTPOS terminals and business finance solutions.

  • Suncorp Business Saver Account (flexiRates)

    Keep the business capital you need easily accessible while stowing the rest away to earn you a higher rate of interest on your balance.

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4 Responses

    Default Gravatar
    vandaJune 13, 2018

    which bank provide cheapest and best and fast eftpos mobile terminal for small business

      Default Gravatar
      NikkiJune 15, 2018

      Hi Vanda,

      Thanks for your message and for visiting Finder.

      You may refer to our guide on how to set up an EFTPOS machine if you are looking for an EFTPOS terminal provider.

      Hope this helps. Feel free to message us back should you further questions.

      Cheers,
      Nikki

    Default Gravatar
    ellieMarch 22, 2018

    i need to know which australian bank offers the lowest foreign transaction fees.

    please let me know

    thank you

    ellie

      AvatarFinder
      JeniMarch 22, 2018Finder

      Hi Ellie,

      Thank you for getting in touch with Finder.

      You can check some Australian banks offering debit cards with low foreign transaction fees. On the page is a comparison table you can use to see which account suits you. When you are ready, you may then click on the “Go to site” button and you will be redirected to the bank’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.

      I hope this helps.

      Have a great day!

      Cheers,
      Jeni

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