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.
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
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.
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.
This guide breaks down how business bank accounts work, the factors you should consider when comparing business bank accounts and the differences between personal and business bank accounts.
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.
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?
Learn everything you need to know about business financing using our comprehensive guide on business loans. Compare your credit options and apply for a business loan in minutes.
Business credit cards
Business credit cards are designed to suit the unique financial needs of different types of companies. Use this guide to compare business credit cards and find the right one for your business.
Watch: 5 winning strategies to improve small business cash flow
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Suncorp EFTPOS terminals
Suncorp offers a range of EFTPOS solutions for businesses with flat rate pricing for all transactions.
ANZ Business Essentials Account
This is a business bank account with no monthly account keeping fees and a free ANZ Business Visa Debit card.
Commonwealth Bank Business Transaction Account ($10 Monthly Fee Option)
The Commonwealth Bank Business Transaction Account offers a Business Visa debit card, easy access to your funds and a range of convenient tools to help you manage your business’s cash flow.
Commonwealth Bank Business Term Deposit
The CommBank Business Term Deposit offers terms from 1 month to 5 years, with fixed interest rates and no account fees.
Tyro EFTPOS machine
Manage your business payments seamlessly with Tyro's EFTPOS terminals and business finance solutions.
Westpac Business Term Deposit
Fixed interest rates with Westpac Business Term Deposits Banking offer a safer return on long term investment. Monitor online and calculate your interest in advance.
Business bank accounts with no fees
If business banking fees are having a negative impact on your business’s bottom line, we have everything you need to know to avoid those unnecessary costs.
ING Business Term Deposit
Flexible terms and bonus interest make the Business Term Deposit advantageous for any business structure.
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