Business banking: Compare business banking products and services

Compare business transaction and savings accounts, business credit cards and payment options, as well as business loans.

Compare business banking products

5 of 70 results
Finder Score Monthly fee Govt. Guarantee Own network ATM fee Card type
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
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Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
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Finder score
Monthly fee
$10
Government Guarantee
Own network ATM fee
2%
Card type
Mastercard
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Zeller logo
Finder score
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
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ANNA Money logo
Finder score
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
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Showing 5 of 5 results

Finder Score for bank accounts

We assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.

Read the full methodology

5 of 46 results
Finder Score Maximum interest rate Base interest rate Max rate type & duration Monthly max rate conditions
Finder score
Maximum Variable Rate p.a.
3.33%
Standard Variable Rate p.a.
3.33%
Intro/Ongoing
Ongoing rate
(conditions apply)
AUD
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Finder score
Maximum Variable Rate p.a.
4.00%
Standard Variable Rate p.a.
4.00%
Intro/Ongoing
Ongoing rate
(conditions apply)
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Finder score
Maximum Variable Rate p.a.
4.00%
Standard Variable Rate p.a.
4.00%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance up to $250,000.
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Rabobank logo
Finder score
Rabobank High Interest Savings Account (Business)
Finder score
Maximum Variable Rate p.a.
4.00%
Standard Variable Rate p.a.
2.85%
Intro/Ongoing
4 month intro rate
Balance Up to $1,000,000
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Thriday logo
Finder score
Finder score
Maximum Variable Rate p.a.
2.85%
Standard Variable Rate p.a.
2.85%
Intro/Ongoing
Ongoing rate
(conditions apply)
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Showing 5 of 46 results

How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full breakdown

Looking for an alternative to a business savings account?

Promoted
Airwallex Business Account – Yield

Want to earn a return on multiple currencies?

Airwallex Yield offers competitive returns* on your AUD and USD business funds.
  • Earn 3.82% on AUD balances and 3.91% on USD balances, from the one business account.
  • Easily move money between your cash account and Yield account when needed.
  • No lock-up period - settle funds from Yield into your cash account in 1-2 business days.
*Airwallex Yield is an investment product, not a savings account. It generates rates of return rather than an interest rate.
5 of 29 results
Finder Score 3 Mths p.a. 6 Mths p.a. 10 Mths p.a. 12 Mths p.a. 24 Mths p.a.
Finder Score
3 Mths p.a.
4.05%
6 Mths p.a.
3.80%
10 Mths p.a.
3.15%
12 Mths p.a.
4.05%
24 Mths p.a.
-
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Finder Score
3 Mths p.a.
3.90%
6 Mths p.a.
4.10%
10 Mths p.a.
4.05%
12 Mths p.a.
4.45%
24 Mths p.a.
4.00%
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Beyond Bank logo
Finder Score
Beyond Bank Business Term Deposit Special Offer
$100,000 min. deposit
$5,000,000 max. deposit
Finder Score
3 Mths p.a.
-
6 Mths p.a.
-
10 Mths p.a.
4.30%
12 Mths p.a.
-
24 Mths p.a.
-
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Westpac logo
Finder Score
Westpac Business Term Deposit
$5,000 min. deposit
$250,000 max. deposit
Finder Score
3 Mths p.a.
2.65%
6 Mths p.a.
2.90%
10 Mths p.a.
3.20%
12 Mths p.a.
3.55%
24 Mths p.a.
3.35%
More info
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Commonwealth Bank logo
Finder Score
Commonwealth Bank Business Investment Account - Less than $2,000,000
Most Loved
$5,000 min. deposit
$1,999,999 max. deposit
Finder Score
3 Mths p.a.
2.75%
6 Mths p.a.
3.00%
10 Mths p.a.
3.60%
12 Mths p.a.
4.00%
24 Mths p.a.
3.40%
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Finder Score for term deposits

Finder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.

Read the full methodology

7 of 7 results
Payment types Machine type Transaction Fee Terminal cost to rent
Visa, Mastercard, EFTPOS, American Express, JCB, Apple Pay, Google Pay, Samsung Pay
Portable
1.4%
AUD29
Choose between a 6-inch touchscreen (Tyro Pro Touch), or 4-inch touchscreen & keypad option (Tyro Pro Key). Featuring 24/7 local support, integration with existing POS systems and an available linked interest-earning transaction account.
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Visa, Mastercard, EFTPOS
Countertop, Portable
1%
AUD300
Link with an Everyday Business Account. American Express optional with a fee
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Visa, Mastercard, EFTPOS, American Express, AliPay, Apple Pay, Google Pay
Countertop, Portable
0%
AUD348
PayNuts offers portable EFTPOS terminals with the option of paying zero transaction fees. You can also pay no terminal hire fees if the minimum monthly transaction volume is met.
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Xero logo
Xero
Visa, Mastercard, American Express, Apple Pay, Google Pay
Portable
1.7%
Get Xero accounting software at 90% off for 4 months. T&Cs apply.
Featuring real-time financial reporting, seamless integration with over 1,000 business apps, and automated invoicing and payroll tools, and backed by secure cloud access and ongoing updates.
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Zeller logo
Visa, Mastercard, EFTPOS, American Express, JCB, Apple Pay, Google Pay
Countertop, Portable
1.4%
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.
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Zeller logo
Zeller Virtual Terminal
Visa, Mastercard, American Express, JCB
Portable
1.75%
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Zeller logo
Zeller Tap & Pay
Visa, Mastercard, American Express, JCB, Apple Pay, Google Pay
Portable
1.4%
AUD0
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5 of 52 results
Bonus points Rewards points per $ spent Complimentary travel insurance Minimum annual revenue Annual fee
American Express Qantas Business Rewards Card image
130,000
1.25
Yes
$75,000
$450
Earn 130,000 bonus Qantas Points when you spend $3,000 on eligible purchases in the first 2 months. New American Express card members only. T&Cs apply. ABN holders w/ $75k revenue.
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ANNA Money Business Credit Card image
N/A
N/A
Yes
$75,000
$383.88
PTY LTD Businesses only with $75,000 revenue. Account fee waived for first month or 20% off annual billing. Plus 0% foreign transaction fees, 0% purchase interest rate, a credit limit up to $500,000 and travel inconvenience cover.
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ANZ Qantas Business Rewards image
150,000
0.75
Yes
$75,000
$375
ABN holders w/ $75k revenue. Get up to 150,000 bonus Qantas Points when you meet the spend requirements, uncapped Qantas Points and complimentary travel insurance. Plus, a fast-track to Qantas Business Rewards Level 2.
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American Express Velocity Business Card image
120,000
1
Yes
$75,000
$249
Receive 120,000 bonus Velocity Points when you spend $3,000 on eligible purchases in the first 2 months. New American Express card members only. T&Cs apply. ABN holders w/ $75,000 revenue.
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ANZ Business Black image
150,000
1.5
Yes
$75,000
$375
ABN holders w/ $75k revenue. Earn up to 150,000 extra ANZ Reward Points when you meet the spend requirements (worth over $500 digital gift card) and 24/7 access to ANZ Global Business Concierge.
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7 of 199 results
Finder Score Min. Loan Amount Max. Loan Amount Loan Term Upfront Fee Filter Values
Finder Score
$10,000
$500,000
6 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.
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Finder Score
$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.
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ScotPac logo
Finder Score
Scotpac Line of Credit
Finder Score
$40,000
$500,000
From 3 months
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MaxFunding logo
Finder Score
Finder Score
$5,000
$50,000
1 month to 1 year
$0 application fee
An unsecured business loan from $5,000 that offers convenient pre-approval and no early repayment fees.
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Prospa logo
Finder Score
Finder Score
$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.
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ScotPac logo
Finder Score
Finder Score
$200,000
$150,000,000
1 to 2 years
Establishment fee 1% of the limit
Improve your business cash flow by financing your outstanding invoices. No minimum trading history required, but minimum 12 - month term and $200,000 in invoices.
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Prospa logo
Finder Score
Prospa Unsecured Business Loan
Finder Score
$5,000
$150,000
3 months to 2 years
3% origination fee
An unsecured business loan available up to $150,000 that can be funded in 1 business day. You must provide 6 months of trading history, 3 months history of existing business purchases and have a turnover of $6,000+ per month.
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Showing 7 of 199 results

Finder Score for business loans

We assess over 150 business loan products for their rates, fees and important features, assigning them a score out of 10.

Read the full methodology

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

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

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.

Sarah Megginson's headshot
Reducing business banking fees

"I was always on the lookout for a business account that had no account keeping fee - it didn’t seem reasonable to me that I can have a personal transaction account and pay nothing for it, but because the account was marked for business use, I had to pay $10 per month.

I can understand a fee if the business transacted hundreds of payments each week, but all of our payments flowed through a third party app, so there was only one deposit and a few dozen payments a month. So, I shopped around and settled on a bank that offered business transaction accounts for free."

Personal finance expert + media spokesperson

Are you looking for other business banking solutions?

Watch: 5 winning strategies to improve small business cash flow

4:06

Frequently Asked Questions

Sources

Alison Banney's headshot
Written by

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full bio

Alison's expertise
Alison has written 660 Finder guides across topics including:
  • Superannuation
  • Savings accounts, bank accounts and term deposits
  • Budgeting and money-saving hacks
  • Managing the cost of living

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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

      Default GravatarFinder
      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

Read more on Bank Accounts

  • ANNA ONE Business Account

    This business account can help manage your day-to-day business transactions and tax obligations, and comes included as part of an ANNA ONE Account.

  • 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.

  • Suncorp EFTPOS terminals

    Suncorp offers a range of EFTPOS solutions for businesses with flat rate pricing for all transactions.

  • PayNuts EFTPOS terminals

    PayNuts offers a range of EFTPOS solutions, with some charging no transaction fees and no terminal rental fees.

  • 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.

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