4 ways having the right account can support your small business

An account like the AMP Bank GO Everyday Business Account can offer your small business a range of benefits.

Your business account should be a powerful tool in your financial arsenal!

But for many Aussie businesses, it's just a place to hold your hard-earned cash.

Here are some of the ways that an effective business account can provide you with the means to help grow your business.

1. Earn the right rewards

When businesses are getting off the ground, a lot of owner-operators tend to forgo travel.

It's understandable to a degree; you want to save money and grow your small business, right?

But it shouldn't have to be an either/or situation. After all, business travel can be a great way to fuel business growth.

And it's also important to get away every now and then to relax, too.

With AMP Bank GO you can earn 1 Qantas Point for every $10 on your average monthly balance when you link your Qantas Business Rewards Account to your AMP Bank GO Everyday Business Account*.

And for a limited time, you can earn double Qantas Points until 31 July 2025. That means you earn 2 Qantas Points for every $10 on your average monthly balance.T&Cs apply ^.

If you're not already a Qantas Business Rewards member, AMP Bank GO will cover the $89.50 membership fee, and you can join free here!

Download AMP Bank GO

2. Seamless banking for business

When you do your business banking with AMP Bank GO you have the ability to seamlessly switch between managing your business and personal finances — all within a single app. Two accounts. One app. Zero hassle.00

This means you can have a more streamlined experience and easily manage all of your funds in one place.

3. Spaces

Spaces are a feature of AMP Bank GO's Everyday Business Account that allows businesses to manage their money more effectively by organising funds into separate virtual sub-accounts – all within one main business account.

Spaces are like digital envelopes or buckets that let a business separate money for different purposes without having to open multiple accounts. Each space can be named and used for a specific goal or expense, such as:

• Future ATO payments
• Staff Wages
• Equipment Upgrades

Furthermore, by utilising the split payment functionality, incoming payments can be automatically split by percentage or amount into Spaces, making organising and managing cashflow seamless, without the additional hassle of managing multiple bank accounts.

4. 24/7 real-time fraud monitoring

Naturally, you want to keep your funds safe.

With this in mind, AMP Bank GO has embedded a range of safety checks throughout its business banking experience.

Video impersonation controls, real-time fraud monitoring, and in-app prompts for payee legitimacy are just some of the measures in place.

You can also access 'real' 24/7 human support in-app or over the phone. So, you can rest easy knowing your funds are safe and secure, and there's always someone available to address any questions or concerns whenever needed.

Learn more about business banking with AMP Bank GO

AMP Bank GO Terms and Conditions:

The product issuer is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517. For TMDs and T&Cs visit www.amp.com.au/appterms.

*^Offer ends 31 July 2025. To read the terms and conditions of the AMP Bank Qantas Business Rewards Program and the Double Qantas Points Limited Offer, click here.

Your business must be a Qantas Business Rewards member to earn and use Qantas Points for the business. Membership of Qantas Business Rewards and the earning of Qantas Points as a business are subject to the Qantas Business Rewards Terms and Conditions. A joining fee usually applies. However, AMP has arranged for complimentary membership for new customers who join here.